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 Dr. Brett Steenbarger from TraderFeed blog discussing the difference between those who succeed and those who fail. Here are some critical lessons from the article that are noteworthy:
BE CREATIVE AND GENERATE MORE IDEAS ABOUT MARKET VIEWS. BE MOTIVATED BY THE PROCESS OF FINDING SOLUTIONS! PERSISTENCE COMBINED WITH PROPER MOTIVATION CAN LEAD TO GREAT SUCCESS IN THE MARKETS! THE MARKESTS ARE JUST AS FASCINATING WHEN THEY ARE CLOSED AS WHEN THEY ARE OPEN!
BE CREATIVE AND GENERATE MORE IDEAS ABOUT MARKET VIEWS. BE MOTIVATED BY THE PROCESS OF FINDING SOLUTIONS! PERSISTENCE COMBINED WITH PROPER MOTIVATION CAN LEAD TO GREAT SUCCESS IN THE MARKETS! THE MARKESTS ARE JUST AS FASCINATING WHEN THEY ARE CLOSED AS WHEN THEY ARE OPEN!
Blog Post Highlights:
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