Are you describing yourself here? After reading a couple of your threads where YOU are the predominant poster with the most replies over the life of your OWN thread, often with vague references and expressions of your "expertise" but no actual substance. Are you describing yourself here????? But because you suffer from the "Dunning Kruger" effect yourself, your blind to what you are actually showcasing about yourself.......
Dunning Kruger traders process their beliefs , INFORMATION , BIASES AND PSYCHE IN REAL TIME.They have no idea about real trading , but they think they know it all. 1)Now go back to the robber who wore juice , he had a BELIEF about juice 2)The trading educator had a BELIEF , he was a professional 3)A genius on this forum claimed , I trade Sand P trends twice a day .What is this belief so incompetent about this statement ?A real trader would know, A fake would not. 4)Another genius said " give a great back tested system to a novice and he will become a trader " What is wrong with this information/belief about the original genius and the dumb educated? 5)Authors wrote books , most failed at trading , they could not make money from trading , the limitation of beliefs of the trader who relies on books is the limitation of his failed GURU How do they know what is right and wrong ?All the above have the necessary skills to asses , but they suffer from deluded beliefs. At the most basic level, people must trade by processing information. Unfortunately, we're not very efficient information processors. We have a lot of beliefs that enter into trading decisions.
https://www.elitetrader.com/et/threads/10-000-hours.282391/ ?????????????????????????????? The easiest way to trade does not require 10,000 hours of dues etc , it can be taught to university graduates , it can be taught within 3 months /300 hours
Traders were given the following highly profitable backtested system to trade , they lost money using these system http://www.businessinsider.com/colin-camerer-wins-genius-grant-2013-9?IR=T https://www.elitetrader.com/et/threads/trading-with-emotional-intelligence-than-emotionless.299723/ study stress responses , dealing with uncertainty ,the need to be right https://www.google.co.uk/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=stress+responses https://www.google.co.uk/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=the need to be right[/QUOTE] TRADERSWERE
The stupid are to stupid to know they are stupid! This person believes he has an edge , that only he knows , if he gives it away , he will never make money . There are mathematicians who know this edge and are already trading , far superior edge. Please look in the mirror and test out Dunning Kriuger , then make these claims.
can you spot the competent or the incompetence? https://www.elitetrader.com/et/threads/get-long-the-gbp.303465/ https://www.google.co.uk/webhp?sour...v=2&ie=UTF-8#q=95 % 100 % of all traders lose 95% believe their losses are a sacrifice of long term investing.d k 95 % club believe , their losses on shares are long term investments , not losses
Has it ever seemed to you that less competent traders rate their competence higher than it actually is, while more competent traders humbly rate theirs lower? https://www.elitetrader.com/et/threads/i-win-100-of-my-trades-expectancy.303804/