Is intelligence important for trading?

version77 · Dec 3, 2002

I have read that accountants and engineers have a hard time
with trading. Something about the need to be right. And being
perfectionists. There can be no perfection in trading...

What this has to do with intelligence? I dunno....

TSaimoto · Dec 3, 2002

Me is gery good heed. I interrijent dropin out hie skule, correj... maik manee toreidin...

Me am veriii smaat, I is interrijent bery berry much.

I maik aberej ov 12 points with NQ. Eberybodi's Inglish berii hard...

stockerup · Dec 4, 2002

Quote from Brandonf:

I think some common sense is a lot more important then intelligence. Most people actually dont have either, but of the two, in trading, common sense is needed I think.

Brandon

I agree with you Brandon. Most intellects have to reason out things, and that type of thinking will cause you to lose the edge on speed.

prox · Dec 4, 2002

Discipline and experience is more important.

Intelligence and persistence helps though.

LongShot · Dec 4, 2002

if you don't think intelligence is important, try trading after a frontal lobotomy. duh i don't care

thunderbolt · Dec 4, 2002

Quote from prox:

Discipline and experience is more important.

Intelligence and persistence helps though.

Yup. All in that exact order.

thunderbolt · Dec 4, 2002

Quote from LongShot:

if you don't think intelligence is important, try trading after a frontal lobotomy. duh i don't care

Longshot, are you still with M-T?

marketsurfer · Dec 4, 2002

Quote from nkhoi:

no, exhibit A: LTCM, exhibit B Janet Brown http://moneycentral.msn.com/articles/invest/derby/portfold.asp?Strategy=5

am i missing something concerning "janet brown" ??? where in her bio is education or intellect listed ?? LTCM failure has nothing to do with intelligence--it has to do with GREED and EGO.

best,

surf

LongShot · Dec 4, 2002

Quote from thunderbolt:

Longshot, are you still with M-T?

no, but i have been recently lobotomized, and trading better for it. i highly recommend it!

thunderbolt · Dec 4, 2002

Quote from LongShot:

no, but i have been recently lobotomized, and trading better for it. i highly recommend it!

What's the correlation?

Is intelligence important for trading?

Guest