Best investments options with competent understanding
Best investments options is the most obvious objective for a predictable outcome.
But what is competence learning? Is skill inherent, what are the minimum requirements, focused attention span and clear cognitive understanding, obviously it is all relevant to the domain of the topic.
Here is a great explanation that i found at Wikipedia.
Competency-based learning or Competency Based Education and Training is an approach to teaching and learning more often used in learning concrete skills than abstract learning. It differs from other non-related approaches in that the unit of learning is extremely fine grained. –wikipedia.
To learn new skills an information can be achieved without outside help, if there are practical tools, language, dialogue and understanding for the research to be progressive. It can be much easier to learn and reach competence if there is someone who already has the competence to explain, show, teach and train the other to reach the goal of competence in a given field. Fast track to a reliable source of daily market review videos.
Does it apply for everyone? No, definitely not, at least not at the same level of abstract complexity and difficulty. The area in question is the mind, being critical, precise and accurate in the thought processes of absorbing new information and dealing with it logically according to a given trends, rules, patterns or behaviors. Also, not everyone has the same level of passion for new skills, new areas with new information, to endure to the end to reach the competency level where understanding is mastered, and the risks and opportunities of investments have become more clear.
Not everyone is equal when it comes to cognitive gymnastics, there are many forms of exercise as in the physical gymnastics; Floor Exercise, Pommel Horse, Still Rings, Vault, Parallel Bars, and High Bar, these are 6 that men compete in, women compete in 4; Vault, Uneven Bars, Balance Beam, and Floor Exercise.
Personal traits do vary in skill sets and interests.
Competency profiles assist in effective learning and development by identifying the behaviors, knowledge, skills and abilities that are necessary for successful performance in a job. Employees can assess their competencies against those required for their own job, or for another job in which they are interested, and then take steps to acquire or improve any necessary competencies. –wikipedia.
According to competent individual investor David Valliers, there are two priorities for a trader to keep in mind always:
- Preservation of capital.
- Patience to wait for a opportunity of a perfect set up.
Here is short video sample of the topic domain.