Darren and Walter talk about trading rules, creativity and why the school system “breaks in” children. If you are re-thinking your trading system and approach to the markets after this episode, then it has done it’s job.

Be your own trader, and trade your own beliefs. It’s a better way to trade.

http://media.blubrry.com/2traders/content.blubrry.com/2traders/2Traders_-_EP33_Creativity.mp3

Download (Duration: 19:35 / 22.4 MB)

In this episode:

00:52 – gifted children

02:25 – parallels with trading

04:37 – breaking your children

05:44 – where creativity starts

07:38 – a failure

09:09 – follow the right path

10:20 – greatest contributions

11:29 – passion for it

13:47 – creative thinking

18:44 – be open minded

Tweetables:

Look outside the box and see what happens to your trading [Click To Tweet].

Which of your assumptions are effecting your trading? [Click To Tweet].

You are going to trade your beliefs. [Click To Tweet].

Download The Full Episode 33 Transcript Here

Walter: Whatever you have will morph into something that is consistent with what your beliefs are about the market.

Announcer: Two traders, Darren and Walter, pull back the curtain on profitable trading systems, consistent money management, and profitable psychological triggers. Welcome to the Two Traders Podcast.

Walter: Welcome to the Two Traders Podcast. It’s Walter here. I’ve got Darren on the line. Darren today, you want to talk about gifted children?

Darren: Yeah. I’ve read and asked for this week about gifted children. Whenever I read anything that’s kind of psychology or human behavior based, I’d always look for trading link within that.

Here’s the interesting thing about gifted children. Let’s say, let’s take a 5 year old who’s an amazing pianist. You’ve imagined that they’d go on, and grow up to be like great composers or the next Mozart. The funny thing is that, that very rarely happens. It’s not just in music. It’s also in sports, science and mathematics.

You know what is going on? If someone is amazing at something at the age of 4 or 5 or 6, then why when they mature are they not exactly becoming the new Mozart or Beethoven?

What they reckon… what they found was that, because the kids have these gifts, the parents tend to be really strict with them and give them lots of rules.

What happens is, they become brilliant copying what’s already known. They lose that sort of creative thinking edge because they’re given too many rules and restricted. Do you know what?

The interesting thing they found was, the kids that do go on to be very original, come up with new ideas and really sort of change the game if you like, when they looked at their parents, they’re very relaxed with rules, kind of let the kids do what they were into,