Lesson 3 of Dojo Wisdom is inspired by Buddhists teachings who remind us to always keep a beginner’s mind because a beginner’s mind is more open and generally more accepting. Whether we apply this to accounting, martial arts, child care or trading is up to us. Everybody is always rushing to become “masters” for the reward associated with it – prestige and status. A master trader will be respected (and usually paid) for his advice and his opinions. But even for masters, it is important to keep a beginner’s perspective in mind. Masters will sometimes miss the obvious because they have gone over the same motions and used the same systems thousands of time. The beginners will be more attentive to details because of the learning process. The goal is to reach the expertise and knowledge of a master while keeping a trader rookie mind.
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