“The said this, and he said that”, but the numbers just keep and all the trader can do to position himself is to read their minds. Someone says something and everyone follows the narrative, until someone changes it.

Everything works sometimes, but not everything works all times. All it takes is to be right once, that’s the difference with a swing for a home-run. Everyone is welcome to Web3: big door in, small door out. Learning in public has a cost, and you don’t want to be a bot’s exit liquidity. When assessing the yield curve, the spread on the divergence of the market participants’ learning curve gets larger.

The fee-less cost of learning goes on forever and the education cost no longer pays off when the free choice means being exposed to unequal outcomes. It turns out that mentors are the best recruiters and that young people are no longer terrified by important people. Take the network effects of that and subtract the over-educated dumbness that moves the prices on the market. The result is that recognizing talent and encouraging learning ends up paying off a lot more than a blind hire. Blind investments and dumb money moving to useless projects keeps diluting the market.

The best way to read others’ minds is by executing. Play a lot and don’t over-expose your education to external risk-free value acquisitions. When most people start “researching” on a topic, they think they need to read everything about it. They fill their head with other people’s thoughts, leaving no room for their own. This is not a good setup for an inner categorization of feelings. The sovereign individual should be independent enough as to differentiate between an emotion and an impulse.

Understand the game and your reactions during the game. Don’t get distracted by “they” and understand the numbers. This is a social game and the trader’s success is the result of confidence during execution, not the perfection of the indicator. If you don’t take the emotion out for further analysis, then there is nothing in place for helping yourself and improving self-awareness in the context of a social persuasion game. Sentiments can be categorized to avoid confusing intuition with impulse.

Once you have trained yourself for having an opinion about everything you start daring to make hypotheses. Once you network hard enough, all it takes is to be right once, a pinch of luck and, after you find what you are good at, ALL-IN. You can have freedom, or you can have equal outcomes. You can’t have both.