Recognize your limitations
An interesting speech from Laurie Santos. Something what probably every experienced trader already know, but something what should be always reminded on a daily basis to anyone who would like to succeed in the financial markets. No matter what financial field, when we put in front of risky decisions we do dumb things if we are not trained and well psychologically prepared. We always have to remember where we come from. Those millions of years of robust evolutionary strategy we have built in order to survive is not something we can change in a day but at least as long we know our limitations we can prepare and train ourselves to either overcome or minimize them.
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