Enter Platform
← Glossary
Psychology

Deliberate Practice

Structured repetition with specific goals and immediate, accurate feedback (Ericsson et al., 1993). Without accurate feedback, repetition accumulates hours but not skill. Years of trading without a journal is 1 hour of practice repeated 1,000 times — the loop is broken.

See also
Psychology Architect (Archetype) The trader archetype anchored to process and thesis rather than PnL. Identity is separable from any single outcome. The Architect records, reviews, and compounds learning. A bad outcome on a plan-followed trade is variance, not a verdict. → Psychology Plan-Followed vs Plan-Broken The journaling distinction between trades where the pre-committed plan was executed and trades where it was deviated from. Expectancy must be calculated separately for each. If plan-broken expectancy matches or beats plan-followed, the written plan is not a plan — it is a written suggestion. → Psychology Hindsight Bias Perceiving past events as having been predictable after the fact. Documented by Fischhoff (1975) as creeping determinism. In trading, it corrupts post-mortem reviews by replacing actual pre-outcome reasoning with what would have been correct — making learning structurally impossible without a contemporaneous written record. →
← Back to Glossary Search all content →