Four Stages of (Trading) Competence
1. Unconscious Incompetence
2. Conscious Incompetence
3. Conscious Competence
4. Unconscious Competence
1. Unconscious Incompetence
You know nothing. You know you know nothing.
2. Conscious Incompetence
You know nothing. You think you know a lot.
3. Conscious Competence
You know a lot. You think you know nothing.
4. Unconscious Competence
You know a lot. You know you know a lot.
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