Quote:
Originally Posted by LukeSilver
hi few things firstly I am 31 someone said my age is important well I guess it is if i want to go for professional sports but i know that ship has sailed.
my IQ was tested officially but about the 70 to 144 thing you have to note my autism in this case. big moves in IQ is a known phenomenon in autism in fact there is numerous psychological research looking into it. I dont want to derail this topic to much as this is a massive topic i should make another separate thread on but its just finding the time. It is very likely that the autistic individuals have that high potential its just they need the right environment to release it. well not just highly probable it is the case. In fact, research has shown that if you carry the autistic gene without having autism there is a high probability that your significantly above average intelligence.
No employer will care what your IQ is. You shouldn't care what it is.
No employer will custom design an environment for you to thrive in.
Quote:
my grammar has always sucked I was let down by my school in that area when I was younger and never rectified it. long story.
Take a class.
Quote:
I am well aware that if you allow long enough with sensible investments you can be very wealthy indeed. few points on that though.
firstly yes but I would like to be financially secure before i am 50. hopefully before 40.
secondly past performance is not necessarily an indicator of future performance, I think the world has a lot of economic problems potentially facing the worst economic crash in history. so I am skeptical whether this works long term. However the constant fear and manipulation of global markets does offer a lot of potential for swing trading. I absolutely believe this will make a few billionaires in the mean time, whether i can be one is another question all together.
None of that seems relevant. If you are a trader with some sort of actual edge, it doesn't matter whether markets go up and down.
Quote:
I continue to study it and am making a profit, but ive been down and up on money at several points so sample size not big enough etc.
You need to learn how to backtest your ideas.
Quote:
running your own business has a higher rate of success but a much larger risk. if your business goes under you can lose everything i know limited companies and all but banks will often ask you to secure your house against it or other things etc, plus your working full time on this and if you go broke your bust. I am sure there are some business models you can just do on the side but generally its a full time job usually.
How is that relevant to trading?
Err, rather, are you just making a list of things where some people are successful? That is backwards. Starting a business to be successful is aiming for disaster. You start a business doing something you are really obsessed with and success comes from that.
If you aren't obsessed with anything, get a job.
Quote:
trading and poker can be done part time ish. I don't think I will ever do well working for anyone else.
If you start a business, all of your customers are your bosses.
If you want to be in the top 1% of trading or poker (or anything), "part-time" shouldn't even be in your vocabulary. Since it is in your vocabulary, it simply isn't going to happen.
Quote:
If I am truly honest with myself when I played basketball sure i tried on the court, but I never put in the hours of practice away from the court. if you look at Michael Kobe or curry they all put in massive effort. most people i played basketball with never trained away from the court either maybe this is a big thing its only a small % of people that ever truly give it there best. the majority just show up. If I had worked my hardest would I have made the NBA probably not I mean I am from the UK, you improve by been challenged and the thing is the standard around me was never high enough to provide the training environment. Plus I know I have very good genes for intelligence, but this is not necessarily the case for athletic prowess.
If you haven't shown a propensity for obsessively putting in tons of time and effort into things, there isn't any point in even considering being in the 1% of anything.