Why are many posters on ET afflicted with the Dunning Kreuger effect?

I assume it goes withe territory. My guess is you feel the same way.

 

Hello zdreg,

Everybody trying to get rich trading man. That is what we doing man.

That is all I am doing.

 

Did you realize it just now? Or, did you learn about this effect just now?

 

I think ET is way better than many other platforms.

At least here, when we have absurdity, it gets ridiculed, ignored or lynched.

 

How is this even possible? PNL and your account balance doesn’t lie.

too many people have excuses, but they should all know how they’re doing.

 

There is comfort in a delusional mind. Everyone is delusional in something in his life.

 

Was a classic example of a Dunning Krueger afflicted individual in my early trading days. Now, looking back over the past 20+ years of my trading career, I'd love to go back in time to those early years and b-slap the crap outta myself.

 

%%
Better a bit delusional;
than delusions of grandeur/LOL

 

Yes, numbers don't lie. But then people get delusional over few months of gains. Recency bias to cover up years of losses lol.

 

%%
EASY, because a positive attitude tends to pay better + much better than negative.
Readers Digest 2001 puts it this way ''Many an optimist has become rich buy buying out a pessimist''
Guitars ,Cadillacs Hillbilly Music;
You showed me this town can shatter dreams\
+ found out the pie dont taste so sweet/ >2,100,000 video views Dwight Yokam