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 Pradeep Bonde from the StockBee blog discussing how methodical thinking improves trading performance. Here are some critical lessons from the article that are noteworthy:
DON'T GET SUCKED INTO OPINIONS ON THE MARKET! YOU CANNOT TRADE OPINIONS, BUT YOU CAN TRADE METHODS. FOCUS ON IMPROVING METHODS AND YOU WILL ULTIMATELY IMPROVE PERFORMANCE. METHODS TRUMP MARKETS!
Blog Post Highlights:
DON'T GET SUCKED INTO OPINIONS ON THE MARKET! YOU CANNOT TRADE OPINIONS, BUT YOU CAN TRADE METHODS. FOCUS ON IMPROVING METHODS AND YOU WILL ULTIMATELY IMPROVE PERFORMANCE. METHODS TRUMP MARKETS!
Blog Post Highlights:
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