Is talent required to be a top chess player?

Quote from dtrader98:

If that was the case, why on earth would he then run for politics? Your logic breaks down there. [/Q]

kasparov's move away from chess is tied to his age. chess players peak around 40-45 and it is all downhill from there.

he achieved everything he could in chess. why not try a new field where he could be #1 one day? in politics he won't have the age limitation for 25 years.
 
Quote from dtrader98:

I think I posted this before, but there has to be some reason people like Kasparov do not gravitate to trading. Particularly for those who believe patterns have merit. What better background to tackle a strategy based environment than being a chess GM? And even more enticing, what better challenge to prove your superior intellect than trading?

What better background? All moves and outcomes can be calculated in chess, while financial markets have an infinite number of variables and outcomes. Trading deals with the psychology of losing money, of being financially ruined. I'm sure chess can be a great influence in some ways, but surely it lacks some major trading necessities. Poker and other forms of gambling would be a far better background in my opinion.
 
Quote from infolode:

He'll be back..

"...As for Mr Weinstein, he plans to set up his own hedge fund, and is now soliciting cash from potential investors. Deutsche Bank may no longer be willing or able to gamble; the 35-year-old chess whiz believes there will always be plenty of people who are."
 
One can become reasonably good at something or even several things.. with dedication and practice... but to be "really good" or "great"... takes talent.... you must have "the knack for it"...

The great ones make their success look "easy" while others are amazed.
 
Quote from MandelbrotSet:

Your words contain an amazing amount of wisdom.

You'd be surpised at the people I've meet in this world who believe people should quit after the first knockout.

Obvioustly I am not one of them ... good trading (if that's your thing). :)

Your kind of people make great cannonfodder for brokers. This is not pointed at you personally, I am sure you are great traders, but for the majority of people: only fools keep doing something with the same bad results.
 
Chess does have some important reavances to trading e.g. strategic planning, looking at the big picture ( looking at the whole of the board) etc.. This does not guarantee that a good chess player will be a good trader but, if you are good at both chess kknowledge will help you e.g. Boaz Weinstein ( celebrated Deutsche Bank credit trader).
 
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