Understanding, 05/18/07
I help coach my son's chess team and spend a lot of time thinking about
just how to teach something so complex to children who are six, seven and eight years old.
This week one of the coaches and I were talking. He is an 'expert' player,
an order of magnitude better than the average player and an order of magnitude
worse than a grandmaster.
He was recounting a story of talking with a grandmaster friend of his who said,
"Stuart, it's amazing what you've accomplished given your limited understanding of the game."
It wasn't meant as a put-down or back-handed compliment. It was a simple statement of fact.
Stuart had worked hard and was exceeding his abilities given his understanding;
he needed to stop working on individual strategies and tactics and concentrate his efforts
on understanding the game.
And that is the key: at some point the next thing to work on isn't a new trading system
or a new pattern or a new market - the next thing to work on is a better and deeper understanding
of the game.
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Henry Carstens
Vertical Solutions
carstens@verticalsolutions.com
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