I don't know what's going on.
"That's a really, really dangerous point for all traders: When you first start, you don't know anything and you know you don't know anything; then, you spend a bunch of time and effort learning; and now you think you know something but unfortunately, you still don't know what you don't know."
Ultimately, Smolinski's mistake, which he categorizes as the "most pivotal moment in my trading career," forced him to reevaluate his trading proficiency and strategy.
Reevaluating his strategy and getting 'super organized'Smolinski didn't have a trading plan up until his first big loss.
However, his account drawdown prompted him to create a blank Word document and start his trading plan, which has grown to 388 pages.
Persons:
Erik Smolinski, he'd, Dunning, Kruger, Smolinski