Superior trader, a born talent or can be taught?

At Elitetrader there is an interesting discussion going on about: Superior trader, a born talent or can be taught? This is my take on it:

We live in an optimist culture where people are made to believe that anything is possible and everything can be learned if you put in enough effort or get the right teacher/guru/mentor you will learn anything.

Its almost sacrilege to say some people are born gifted or have inborn talent for something. Trading is one such profession along with many others.

There is an X-factor that superior traders have which is very difficult to explain but you know when you see it. That is why most attempts at teaching to trade fail.

The teachers/mentors/gurus would not like to admit this as it is fundamentally against their world views, business interest and their over powering need to have followers.

Superior traders have a world view about markets they trade and life in general which is different from those of ordinary traders and it has nothing to do with whether their style is quantitative based or qualitative based.

Even if you were to be taught by a superior trader you may not get his world view unless you are gifted. Given a same market situation or quantitative data the Superior trader interprets it differently than the ordinary trader.

Sooner or later most trader realise it in their heart, but many may not want to accept it. Till then the illusion is very mesmerizing.

Best site to learn to trade

If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.

Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.

No advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant tweets self-promoting the site, and no tall claims. Every member comes through word-of-mouth recommendations from existing members.

As a member, you will learn the basics of swing trading, momentum investing, growth investing, and risk management. You will learn about Stockbee Momentum Burst breakouts, Stockbee Trend Intensity Breakouts, Stockbee Episodic Pivots Breakouts, Stockbee Lemonade Strategy for 401k, and many other member-shared methods.

You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.

You will learn about developing your own methods and not relying on others for trade ideas. Develop your own edge. Once you develop your own method, you will have a lifelong profitable method.

The site gives you an opportunity to interact with some of the most successful traders and learn from them about their trading methods. It is a vibrant community with members from different backgrounds and experiences willing to help each other. Members have shared their methods, scans, software, backtests, and market insights.

Every day, the emphasis is on continuous learning and upgrading of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors, and new traders.

You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.

If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

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