Wednesday, February 3, 2010

Talent: Born or Grown?

I just watched this Nightline segment (embedded below) that discusses whether talent is born or can be developed. That's the topic of a new book, The Talent Code, by Daniel Coyle. The key ingredients to developing talent in any field are the right kind of practice, great coaching and concentration/intense focus. Another important point is to focus on making small improvements, which add up over time. A lot of traders try to tackle a host of issues within a single day/week. This goes along with what Dr.Brett writes in his books -- set specific process goals for each day/week. I've made some progress over the last year, but a lot of my screen time and trading has been filled with distractions since I'm at work. Once I jump full-time into trading, my focus and concentration will be 100% on trading and further progress should be at a much quicker pace.

1 comment:

  1. Picked up the Talent Code a couple of days ago after reading chapter 1, which is available from the web site. Very easy to read and useful concepts.

    ReplyDelete

At the minimum, please provide your name or Twitter handle when posting comments. Do not post as Anonymous. Comments that contain links to commercial websites will be marked as spam.