FAQ Nature Vs Nurture – are Good Traders Born or Made?

[falco-del-fiume]

Both

The nature vs nurture debate is becoming increasingly redundant in light of recent advancements in the burgeoning discipline of epigenetics, which involves the study of processes (methylation, histone modification etc) which influence the expression of a phenotype but do not involve changes to the DNA sequence. That is, our experiences can influence gene activity by processes - such as histone modification or DNA methylation - and subsequently stimulate the expression of a given phenotype without changing the nucleotide sequence.

Our genetics gives our style of invsting which involves: risk tolerance, prefered time horizon, but each needs to take that stule and improve it. One can learn position sizing,technical analysis (chart reading), fundamental analysis, self knowledge (psychological aspects of trading and investing.

 

[NVP]

read all the biographies you can on great traders and also,talk to as many good traders as,you can ......the nature vs nurture debate will,soon unravel to you

N

 

[Pat494]

I would split people into 2 basic overlapping categories. The artistic and the scientific.
Most have gut feelings about various matters and they are the artistic, creative sorts. The duller plodding sort are the scientific. Plenty of thought spent. The latter fail to realise that the markets are not very linear or logical. These tend to fail and get very frustrated by what the price should have done but didn't.

 

[Madalyn]

I think you need certain mental strength and intelligence to be a trader

 

[Joseph99]

I think you need certain mental strength and intelligence to be a trader

How did you work on this?

 

[Pat494]

Up early and work on the preparations for the day ahead.
During the day carry out the plan.
At the end of one's trading day check over the results and try and work out the whys and what ifs to upgrade the system or perhaps bin it and start again.

 

[Delilah_10]

Up early and work on the preparations for the day ahead.
During the day carry out the plan.
At the end of one's trading day check over the results and try and work out the whys and what ifs to upgrade the system or perhaps bin it and start again.

Good one.

 

[Yaronial]

you can only learn this lesson, so the second option is 100 percent

 

[marcela 2020]

There are people who are born with that gift, but others who want to be and emnate and spend a lot of time achieving it, and they do it. In my opinion

 

[Pat494]

You can save yourself years of frustration and losses by finding someone who can trade profitably and is willing to pass on his/her secrets.
So sharpen up your diplomatic skills too.

 

[galbi]

You can save yourself years of frustration and losses by finding someone who can trade profitably and is willing to pass on his/her secrets.
So sharpen up your diplomatic skills too.

Nice answer.

 

[NVP]

maybe ive answered before here ....not sure

its a bit of both ......you can train anyone to be a good trader on paper .......but the person has to have the talent, intelligence , emotional Stability , discipline , Drive , persistance and mentality to actually follow through ...... and then improve and adapt as needed

same as anything in life ....you have to want it...raw talent is great .... but its a whole lot more than that needed to win

N

 

[NVP]

You can save yourself years of frustration and losses by finding someone who can trade profitably and is willing to pass on his/her secrets.
So sharpen up your diplomatic skills too.

worked for me ....had some amazing mentors over the years .....