Is pattern-recognition ability decreased with age?
- Thread starter trend2009
- Start date
I think that this is such a subjective question.
To be honest, with age, I have noticed that I my risk tolerance has gone down a little(??), and I have become more selective in my choices. but, this is not because I am less sharp.
I try to select those patterns that have shown much better odds than others while my positions sizing has changed as well.
RG
To be honest, with age, I have noticed that I my risk tolerance has gone down a little(??), and I have become more selective in my choices. but, this is not because I am less sharp.
I try to select those patterns that have shown much better odds than others while my positions sizing has changed as well.
RG
look into this
www.lumosity.com
It helps. Brain is like any other muscle, it improves/deteriorates with use/lack of. Age does negatively influence but neuroplasticity and experience do counterbalance.
www.lumosity.com
It helps. Brain is like any other muscle, it improves/deteriorates with use/lack of. Age does negatively influence but neuroplasticity and experience do counterbalance.
there are two hemisphere to the brain, the left can be said to be logic/math and the
right spatial/visual
different iq tests test different hemispheres. many people - males in particular have
a bias to one side or the other, females in general have better balanced hemispheres
the most often used spatial iq test is the 'Raven Advanced Progressive Matrices' and
while one might score high in a 'left brain' test, one might score higher or lower in the
Raven test
it's been found over several decades that overall, children's spatial/visual test results
have been rising, a small but measurable amount. not surprising given how much
information today is being distributed visually - tv, computers monitors, cameras both
still and moving images both standalone and built into cell phones, movies and 'ani-
mations' via cinema, computer and tv, use of individual screens in school etc etc
often those who don't believe technical analysis works are likely to be left brainers
'Drawing on the Right Side of the Brain' by Dr Betty Edwards was first published in 1979
and became an instant bestseller. people who thought they couldn't draw discovered
with Edwards' book they could draw, so the inference is that for many people their right
brain had never received any 'visual training'. http://www.drawright.com/
my drawing skills were gifted to me by both parents, and I'm a right brainer tho not left
handed, so my pattern recognition skills might, be greater than some others
I Know my skills have Not deteriorated as I've aged as I've made various discoveries
during the last couple of years related to trading based on 'looking at price charts and
watching' the price time waves movement and noting various patterns and etc
right spatial/visual
different iq tests test different hemispheres. many people - males in particular have
a bias to one side or the other, females in general have better balanced hemispheres
the most often used spatial iq test is the 'Raven Advanced Progressive Matrices' and
while one might score high in a 'left brain' test, one might score higher or lower in the
Raven test
it's been found over several decades that overall, children's spatial/visual test results
have been rising, a small but measurable amount. not surprising given how much
information today is being distributed visually - tv, computers monitors, cameras both
still and moving images both standalone and built into cell phones, movies and 'ani-
mations' via cinema, computer and tv, use of individual screens in school etc etc
often those who don't believe technical analysis works are likely to be left brainers
'Drawing on the Right Side of the Brain' by Dr Betty Edwards was first published in 1979
and became an instant bestseller. people who thought they couldn't draw discovered
with Edwards' book they could draw, so the inference is that for many people their right
brain had never received any 'visual training'. http://www.drawright.com/
my drawing skills were gifted to me by both parents, and I'm a right brainer tho not left
handed, so my pattern recognition skills might, be greater than some others
I Know my skills have Not deteriorated as I've aged as I've made various discoveries
during the last couple of years related to trading based on 'looking at price charts and
watching' the price time waves movement and noting various patterns and etc
I think normal age, under 70, has to do with interest than anything else. Someone just starting out in trade, 1-3 years, is far more interested in patterns than someone like me of 34 years experience. The older the Goat, the more we pass on most patterns till be see what we remember the ones that work the best for us. The photo memory I had long ago has whithered away cause of information overload and meds, lucky if I can remember where I left my keys.
I doubt I could pass almost any IQ test now, but now I have no interest in that at all. Going to an Ivy league school might get you in the door, but if you can't trade, you be leaving. Comes down to producing. More interest you have, better chance of succeeding.
I doubt I could pass almost any IQ test now, but now I have no interest in that at all. Going to an Ivy league school might get you in the door, but if you can't trade, you be leaving. Comes down to producing. More interest you have, better chance of succeeding.
Should not be. Traders should be clued into about a dozen important patterns... can't keep track of that many?
LoL... Recognizing patterns is not necessary for successful trading. IMO spotting patterns is not a very good way to trade either. Trendline breaks, wedge breakout/breakdowns, head and shoulders... Etc... Not a very high odds way to trade.
It does work though if you follow the rules of trading each pattern perfectly. It's never going to get you that 75%+ win rate though...
It does work though if you follow the rules of trading each pattern perfectly. It's never going to get you that 75%+ win rate though...