The 10,000 hour rule.

dirkd said:
in 2009 i logged 3200 hours trading and taking classes. i worked with a mentor all of 2009, 2 months at end of 2008 and still work with him now. So 15 months of mentoring i have logged another 600 hours on top of that so in the last 15 months i have logged 3800 hours and am very consistent now and my confidence is very good. i had to deal with a lot of mental issues i had but 10000 hours sounds about right if you dont have a mentor. I spent 10 years off and on losing my ass in the market so i did learn some valuable lessons. I did, unfortunately blow out 3 accounts before getting to this point. lol
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Good points;
10 years[ bull +bear] chart is better than 10,000 hours.Amen; when all else fails;
trade- invest reasonable size...................................................................................Wisdom is profitable to direct
 
I have to agree, I have been trading since 2006. And I am a much better trader than I was in 2006.

It's like anything else, lots of time and learning from mistakes, lots of screen time and educating yourself.

I keep a daily journal since 2006 where I put in notes etc,, what mistakes were done, why and how to prevent them. Why did a choose a specific position market situation that day etc.. Lots of notes and pretty extensive.

Trading is not easy but if you really put your mind to it and do the work, you would be fine.
 
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