My Lessons Learned posts acknowledge blog posts from around the web which illustrate exceptional ideas that are valuable to new traders. The goal is to assimilate the wisdom of the experienced, instead of learning the hard way. There is an excellent post by Mike Bellafiore of SMB Capital discussing trader work ethic. Here are some critical lessons from the article that are noteworthy:
THE BEST TRADING RESULTS COME FROM CONSISTENT, EXCEPTIONAL WORK. EVEN A LITTLE WORK ON A CONSISTENT BASIS WILL COMPOUND INTO GREAT GAINS OVER TIME. IF YOU ARE GOING TO DO SOMETHING, DO IT TO THE BEST OF YOUR ABILITIES. DON'T EXPECT A PROPORTIONATE RETURN ON YOUR EFFORTS, UNTIL YOU HAVE PUT IN A TREMENDOUS AMOUNT OF EFFORT.
Blog Post Highlights:
THE BEST TRADING RESULTS COME FROM CONSISTENT, EXCEPTIONAL WORK. EVEN A LITTLE WORK ON A CONSISTENT BASIS WILL COMPOUND INTO GREAT GAINS OVER TIME. IF YOU ARE GOING TO DO SOMETHING, DO IT TO THE BEST OF YOUR ABILITIES. DON'T EXPECT A PROPORTIONATE RETURN ON YOUR EFFORTS, UNTIL YOU HAVE PUT IN A TREMENDOUS AMOUNT OF EFFORT.
Blog Post Highlights:
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