刘谦 (Lu Chen) - a magician from Taiwan gained phenomenal popularity among the Chinese community after he performed a magic trick that involved "putting" a ring into an egg on China National TV a few years back. After watching his interview (another section of the interview here) on how he got started in magic, it sets me thinking: How different is learning trading from learning magic?
| Learn Magic | Learn Trading |
| Clear end state - One will know if he is ready to go on stage to perform | One may be having a winning streak, but will he give it back to the market tommorrow? |
| Able to model someone who is already successful - Learn how a master speaks, his eye contract, how he carry himself on stage, his style, his techniques etc | Unable to model another successful trader because of different personality, style, capital, available time to trade, risk tolerance and risk appetite |
| Clear steps to success - One knows what to learn eg, card tricks, rope tricks, closeup magic, large scale magic etc | Ok, there is mind, money management and method, but how can we tell if we have mastered them? For method alone, there are over thousands of indicators, hundreds of candlestick and chart patterns and more. Which is a good combination? |
| Can be taught - We can see children as young as 3 years old performing magic! | Well, I have attended a couple of courses but yet to be considered successful |
| Apparatus aids progress - Don't know sleight-of-hand magic? No worries, there are magic apparatus that can lower that learning curve! | One can have the best and most expensive trading and charting platform and still cannot trade successfully |
Lu Chen started to learn magic as young as 7 and become successful at the age of 30. Some aspiring traders can be at it for decades without any success. Seems like he has a much higher chance of success as compared to if he had learn trading instead :-P
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