Knowledge, Wisdom, and Mindfulness in Trading

In video form, here are some worthwhile collections of market wisdom assembled by Igor Marinkovic:

Collection Part One

Collection Part Two

The rookie trader fails because of an absence of knowledge.  The experienced trader fails because of an absence of wisdom.

Many market failures occur when people enter cognitive and emotional states that override their wisdom.  

A mindful trader retains access to both knowledge and wisdom.  Many trading failures are failures of mindfulness.

Further Reading:  Objectivism and Trading
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