The Dunning-Kruger Effect refers to a cognitive bias where individuals with low ability in a certain domain overestimate their ability. This is due to their limited knowledge and skills in the field, which prevents them from accurately assessing their own proficiency. Individuals who are relatively new to a topic can build a sense of false confidence due to a lack of general experience. It is human nature to assume you are an expert in a particular field when you have yet to make any mistakes. People with this false sense of confidence are on the “peak of mount stupid” of the Dunning Kruger curve. Eventually, these people will be humbled and end up in the “valley of despair” after realizing they are far from an expert. Going through the valley of despair is where an individual’s true grit and determination are tested. One’s ability to stick through hard times and learn from their mistakes is the key to increasing competence and pushing themselves to the plateau of sustainability. Trading Mindset and Levels https://preview.redd.it/bkvv1nd1c0ga1.png?width=1080&format=png&auto=webp&s=e0ee028a3a1793f7b940d49d401a75152ff89e70 submitted by /u/LouDogg00 [comments]
