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The Trading Evolution: Lessons from the Flat Earth Experiment
This chapter narrates the speaker's trading journey that began in 1997, emphasizing lessons learned from the Dunning-Kruger effect and the significance of adapting strategies. It highlights the importance of position management over stock selection and discusses an unconventional trading experiment, the Flat Earth Trading Experiment, which challenges the focus on entry strategies. By sharing personal stories and experiences, the speaker illustrates the transformative nature of trading education and the critical role of exit strategies in achieving profitability.