10,000 Hours to Mastery

by Liam 09:16 2 comments

I've heard the term a lot over the time i've been studying trading. Through forums / chats / family members and online articles. I read this article this morning and whilst a lot of comparisons can be drawn with trading it got me thinking about how i'm getting on with achieving 10,000 hours screen time.

Can a complete novice become a golf pro with 10,000 hours of practice?

Whether or not this is the pinnacle and i'll be a fully accomplished trader by the time 10,000 comes around remains to be seen but I must admit i'm fascinated by the idea. So I sat down and roughly worked out where I might be.

• 3 months in the summer of 2009 - June, July and August

4 weeks per month, 40 hours a week = 12 weeks x 40 hours = 480 hours

• 3 months in the summer of 2010 - June, July and August

4 weeks per month, 40 hours a week = 12 weeks x 40 hours = 480 hours

• 4 months paper trading in 2010 - September, October, November and December

4 weeks per month, 50 hours a week = 16 weeks x 50 hours = 800 hours

• 12 months live in 2011

4 weeks per month, 50 hours a week = 48 weeks x 50 hours = 2400 hours

480 + 480 + 800 + 2400 = 4160

Plus two weeks at the start of this year = 4260 hours

So with some rough workings out i've come to a total of 4260 hours, some weeks i've spent many more hours and some i've spent less. I would think that this evens out pretty well over the course of the time i've spent studying.

4260 hours. Cool!