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Search: Posts Made By: Jigsaw Trading

Forum: Psychology and Money Management

November 27th, 2014, 02:52 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

I spent a year in Japan. There were many...

I spent a year in Japan.

There were many occasions where they took on tasks/projects where training would have helped but they just basically rolled up their sleeves and got on with it, trial and...

Forum: Psychology and Money Management

August 25th, 2013, 09:15 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

My experience is a little different. Prop...

My experience is a little different.

Prop shops that I know of do not look for retail trading experience. In fact, many see it as a negative thing because of all the things they will need to...

Forum: Psychology and Money Management

August 25th, 2013, 09:12 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

Is it not possible you are overestimating? ...

Is it not possible you are overestimating?

My opinion is that the 10,000 hours comes from what people feel like they put in.

10,000 hours in 3 years is 3,333 hours per year or 9 hours per day...

Forum: Psychology and Money Management

March 11th, 2013, 11:35 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

Tell you what's good about this thread. ...

Tell you what's good about this thread.

Whilst we might not agree on how you develop your trading skills, at least there seems to be little debate on whether it is a skill or not.

Historically,...

Forum: Psychology and Money Management

March 10th, 2013, 11:57 PM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

Agreed & I think that is the crux of the issue...

Agreed & I think that is the crux of the issue for many retailers entering the game.

There's so much misinformation out there, you can focus on the wrong things for years.

Forum: Psychology and Money Management

March 10th, 2013, 11:10 PM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

I would agree that being tall does not guarantee...

I would agree that being tall does not guarantee you will be a good basketball player.

On the other hand, being short pretty much guarantees that you won't be.

I do not have a list of 'traits'...

Forum: Psychology and Money Management

March 10th, 2013, 10:18 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

That is an interesting point of view. I have...

That is an interesting point of view.

I have an Indian friend that believes the above and I believe it is not true. To him it is glaringly obvious that this is true and to me it is glaringly...

Forum: Psychology and Money Management

March 10th, 2013, 05:55 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

My numbers come from people employed in prop...

My numbers come from people employed in prop shops. Not from an internet search. I know a lot of prop traders. People that are where most on this forum aspire to be. I also know one or two failed...

Forum: Psychology and Money Management

February 23rd, 2013, 11:40 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

Well - if you charge by the hour, that's not a...

Well - if you charge by the hour, that's not a bad gig.

Forum: Psychology and Money Management

February 22nd, 2013, 12:43 PM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

2 great posts josh You know - if something...

2 great posts josh

You know - if something sounds like it might be "the answer", then people will jump on it and it will gain momentum until it becomes a truth, conventional wisdom, common...

Forum: Psychology and Money Management

February 21st, 2013, 04:20 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

I like it. :tee: I like it a lot Our...

I like it. :tee:

I like it a lot

Our motto should be

"Small Traders - eating scraps & proud of it"

Forum: Psychology and Money Management

February 20th, 2013, 10:31 PM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

Damn -syxforex that post might well be even less...

Damn -syxforex that post might well be even less popular than mine....

I agree though.

Forum: Psychology and Money Management

February 20th, 2013, 08:18 PM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

I think this is a style thing. I would...

I think this is a style thing.

I would sincerely hope that institutional money is not thrown at total noobs. Saying that, I have a friend that was given fund money to trade. That friend had never...

Forum: Psychology and Money Management

February 20th, 2013, 08:13 PM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

The danger as I see it with the 10,000 hours...

The danger as I see it with the 10,000 hours thing is that you might have people reading this thread, with 3,000 hours invested and NO CLUE about trading and no idea what moves price.

These people...

Forum: Psychology and Money Management

February 20th, 2013, 06:11 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

I think so. Trading must be quite unique....

I think so.

Trading must be quite unique. Retail traders learn by trial and error. It's more like a research project than learning a skill because we don't have access to the expertise. What other...

Forum: Psychology and Money Management

February 20th, 2013, 05:55 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

If learning to fly a plan was like the path most...

If learning to fly a plan was like the path most traders take, there would be a lot of plane wrecks.

If you learn to fly, you get an instructor. You don't read a book written by someone that...

Forum: Psychology and Money Management

February 20th, 2013, 05:47 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

Ok - so when you spent 8 hours a day, 52 weeks a...

Ok - so when you spent 8 hours a day, 52 weeks a year, 4 years straight.

During How many hours were you spending per day on making a living?

How much time of that was wasted on learning how not...

Forum: Psychology and Money Management

February 20th, 2013, 05:26 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

I'm not so sure. 16-18 hours a day could be...

I'm not so sure.

16-18 hours a day could be a sign of a serious obsession, not a healthy learning experience.

Not that this is necessarily the case with Massive. Just that throwing hours at...

Forum: Psychology and Money Management

February 20th, 2013, 03:55 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

I am not doubting anyone - don't put words in my...

I am not doubting anyone - don't put words in my mouth please.

If I don't believe someone, I will say it outright.

Massive is not telling it how it is, just how it was for him.

I spent a...

Forum: Psychology and Money Management

February 20th, 2013, 03:40 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

What does it add to the discussion, exactly? ...

What does it add to the discussion, exactly?

Did it take you 10,000 hours to become profitable too?

My take on things is that most people spend a lot of time on things that don't move them...

Forum: Psychology and Money Management

February 20th, 2013, 03:36 AM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

ok then let's say 8 hours of work, 8 hours...

ok then

let's say 8 hours of work, 8 hours of trading

2 hours to eat & wash etc.

That's 18 hours, leaving 6 for sleep.

For 4 years, this is an incredible sacrifice.

Forum: Psychology and Money Management

February 19th, 2013, 09:04 PM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

I am probing because I find it amazing. You...

I am probing because I find it amazing.

You said 40 hours a week x 52 weeks for 4 years. To do this alongside a full time job would have you working 16 hours a day. Add in 4 hours for travel,...

Forum: Psychology and Money Management

February 19th, 2013, 07:06 PM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

So for 4 years, you had no income and no...

So for 4 years, you had no income and no vacations?

What motivated you to carry on?

In terms of the 7500 hours on psychology, this was in parallel to the 8,320 hours above?

Forum: Psychology and Money Management

February 19th, 2013, 05:42 PM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

OK - so in summary, tips for anyone going for an...

OK - so in summary, tips for anyone going for an interview with FT71...

- Turn up in a track suit
- Try to steal a $20 from his wallet

Anyone add to this valuable list?

Forum: Psychology and Money Management

February 19th, 2013, 04:50 PM

Replies: 205

10,000 hours, really?

Views: 46,071

Posted By Jigsaw Trading

Can I ask how you actually made a living during...

Can I ask how you actually made a living during this time?

5,000 hours equates to 2.5 years full time, which is more than most people could commit too.

The 7-8,000 hours in psychology alone is...

Showing results 1 to 25 of 27

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