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 from SMB Capital blog discussing how the BP oil disaster can be an excellent learning opportunity for traders. Here are some critical lessons from the article that are noteworthy:
THERE ARE LEARNING OPPORTUNITIES EVERYWHERE. THE WILLINGNESS TO LEARN IS JUST AS IMPORTANT AS WHAT YOU LEARN. PERFORMANCE IMPROVEMENT IS AN ENDLESS QUEST THAT SHOULD ALWAYS REMAIN THE FOCUS OF OUR EFFORTS!
Blog Post Highlights:
THERE ARE LEARNING OPPORTUNITIES EVERYWHERE. THE WILLINGNESS TO LEARN IS JUST AS IMPORTANT AS WHAT YOU LEARN. PERFORMANCE IMPROVEMENT IS AN ENDLESS QUEST THAT SHOULD ALWAYS REMAIN THE FOCUS OF OUR EFFORTS!
Blog Post Highlights:

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