AI Snips
Chapters
Transcript
Episode notes
Deliberate Practice and Reflection
- Focus on deliberate practice and reflection to improve trading skills.
- Systematically analyze trades, identify weaknesses, and find analogies to similar situations.
Uncertainty in Trading
- Trading involves inherent uncertainty, unlike games with fixed outcomes like poker.
- This uncertainty requires flexible strategies and adaptation to changing market conditions.
Reverse Engineering Market Reactions
- Reverse engineer unexpected market reactions to understand underlying factors and identify repeatable patterns.
- Sound logic can be wrong in the stock market due to human behavior and emotional factors.