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Search: Posts Made By: mcteague
Forum: Psychology and Money Management April 8th, 2013, 07:56 AM
Replies: 205
Views: 47,126
Posted By mcteague
This is incorrect. If trading mistakes always...

This is incorrect. If trading mistakes always lead to loss of money they would be learned from quickly and rarely repeated. The problem with trading and most types of gambling is that mistakes...
Forum: Psychology and Money Management March 8th, 2013, 02:45 PM
Replies: 205
Views: 47,126
Posted By mcteague
I can tell you what it is not. It is not...

I can tell you what it is not. It is not become profitable.

These are clearly subjective terms. Your high school physics teacher had a certain mastery of the subject. But she was not...
Forum: Psychology and Money Management March 8th, 2013, 02:09 PM
Replies: 205
Views: 47,126
Posted By mcteague
You do not "need" to know to be profitable. This...

You do not "need" to know to be profitable. This is the distinction that so many in this thread fail to grasp. Its a 10,000 hours to master. Not 10,000 hours to profit.
If you are teaching...
Forum: Psychology and Money Management February 22nd, 2013, 12:44 PM
Replies: 205
Views: 47,126
Posted By mcteague
You are correct. I should have said...

You are correct. I should have said "popularized" and not " came from". It is a common mistake for people popularize and academic idea or research to be misidentified as the originator of the...
Forum: Psychology and Money Management February 22nd, 2013, 09:58 AM
Replies: 205
Views: 47,126
Posted By mcteague
The 10,000 hours idea comes from a book from the...

The 10,000 hours idea comes from a book from the 80s or 90s on “mastery”. How long does it take to master a subject. Not become competent, but master a subject. The 10,000 number is slightly...
Showing results 1 to 5 of 5

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