Looking for informtion : Become an expert quickly

[fourth]

Hi Guys,

I've been searching book stores for a the last 1-2 months for information on how to become an expert on a topic as quickly as possible.

I have access to someone else on this topic who is very successful and I can ask various well placed questions but he is not a personal friend and I fear becoming annoying with the persistent questions. I have have access to his journal which in a way shows his development.

I believe that I could achieve this goal on my own in say 9-12 months with the knowledge I have now. In that time I'll make mistakes I'll have to learn from. So to expedite the process I'd have to calculate what mistake I could make and develop rules\technique to avoid them.

I'd probably also want to log my effectiveness (This task is easy to gauge in a spreadsheet.). Analyse mistakes and perhaps retune skills, etc.

It's all a bit of a mess in my mind as to how to produce optimal success. Here is what I have:

-Review journal screenshots. List his executable patterns. (1-2 Days)
-Review 60 day 24 hour history on 30 second chart. (1 week)
-Review 60 day 1 second histry for trades isolated on 30 second chart.
-List entry \ exit observations.
-Execute demo trades until 80% hit rate is established on a tailing sample of 20 trades. (80% over past 20 trades. Unknown Time 1-2 months?)
-Open minimal account . Execute trades at 0.5lots.(10:1)
-After 4 consecutive weeks of profit(no down weeks in past 4) increase to 20:1 in position size table. (Minimum 1 month) Iterate until 50:1 in 10:1 increments.
-When account doubles add 50% of all available equity. (1-2 months)

I also have the idea that I should perform isolation tests on myself on various parts of the technique, in the same way an athlete might to strength or endurance training, etc.

Technically I have the bulk of the information I'll need as an expert on this topic but I lack experience and I'm trying to find the least painful(in terms of errors) path to my goal. All the information I find is sort of related but nothing I find tells you how to perfect a skill.

NOTE : I have a few years experience in this field so already know the peripheral skills. The expert I have contact with tells me that all of my observations and thoughts on the subject are correct. It's just a matter of experience now.

Any thought or links would be welcome..

[fourth]

This looks like a good start:

Optimizing any kind of performance - feedback appreciated!

Of course I'm still looking for any good thoughts you might have.

[fourth]

Finished the article and it wasn't specific enough on the subject on 'how' to ensure that learning from mistakes and mapping out the pitfalls. It referenced mindmapping which I guess could help explore the possible situations.

The trick to this skill is to pre learn when to act. To act without fear and to remain objective and impartial. Errors need to be investigated to see if the fault was 'random' or if I was not not operating efficiently. Eventually with experience my skills will fine tune and less mistakes will look random as I'll see additional fine grained factors.

[enyi]

This may be of interest to you: BIG NEWS and Sneak Peek - Tim Ferriss TV Show Debut 12/4

I don't have that show where I live, but it seems interesting.

[SimonaRich]

That looks like an interesting strategy.

The time in which you can become an expert also depends on the subject you want to become an expert in. If it is some niche topic, than the time could be ever shorter.

[magi13]

Focus and concentrate. ^^, two tools you'll need to achieve whatever it is you desire.

[RT Wolf]

My understanding is that to become really, really good, 10,000 hours or approx 10 years of deliberate practice is required. Google "deliberate practice" for more info. However, I reckon you can become a pretty good expert in a lot shorter time. I have nothing further to add.

I'm interested in your experiement. I like your style, it's very well measured and nailed down. Quantified. Good luck! Keep us posted.

[ggwbach]

Mr Malcolm Gladwell might disappoint you.

He claims that it takes 10 000 hours to produce an expert:

- roughly 4 hours / day over 10 years.

and that's sustained effort with training & expert coaching.

might be out of luck there

[magi13]

Originally Posted by ggwbach

Mr Malcolm Gladwell might disappoint you.

He claims that it takes 10 000 hours to produce an expert:

- roughly 4 hours / day over 10 years.

and that's sustained effort with training & expert coaching.

might be out of luck there

I'd like to disappoint Malcolm Gladwell. According to him this is what it may take, but if you are focused on the things you want to learn and achieve, you can master it quicker.

equation: Desire and Technique

Your desire will drive you to act, the technique will maximize your effort. >.<