Beginner’s luck
Risk & psychologyEarly success that reflects favourable conditions rather than skill.
In plain terms
A rising market rewards whatever you did, including the reckless parts. The money is real; the lesson is false.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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