The connection between learning to trade and learning to win at other competitive pursuits is fascinating.
I enjoyed this piece in the Economist, which looks at the rebuilding of German football from its nadir in 2000 at the European Championships, "when it failed to win a game, even losing to England" (yeah, I got a giggle out of that :-D ) through to its winning of the World Cup in 2014.
If you can access The Economist (the article may be gated), its here: The making of a Fussballwunder: The world's best footballing nation masters the mental aspect
In very brief:
- Germany's top professional clubs were ordered to set up academies
- Coaching ... appointment of Jürgen Klinsmann ... he brought a new focus on the mind ... quasi-"management seminars", with team-building and language classes alongside football
- One such exercise was the Footbonaut, which fires balls at different speeds and trajectories at players, who must control and pass the ball into a highlighted square until it becomes second nature
- Mario Götze ... In the 2014 World Cup final, he controlled a cross with his chest and volleyed the ball into the net, winning the championship with an exact replica of the training the machine provided ... "one fluid, instant motion", a successfully fulfilled plan to defeat randomness.
Applicability to learning to trade?
I reckon so. I like the firing of different balls (market developments) at different speeds and trajectories. Just like real life.
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