not paying? You should unlearn then relearn

[Obito]

~snip

right, we have to do experiments for ourselves to find something that suits us. maybe we will experience some failures, but at least we already have experience with it, so that in the future we will understand the right and comfortable strategy for ourselves personally, and that is what we will use later

To reduce the risk of losing money, you might also want to do those trading experiments on paper trading sites so you don't have any money going in and out and you can do the most outrageous mistakes without the worry of having any money lost. But our experiments could only work at a certain point in time and maybe not in the future since the market is volatile so be careful still analyze the market even if there's similarities to your previous experiments.

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[bitterguy28]

What people need to learn isn't this to be honest, for me it's much better if they learn how to maintain what makes money the most because if it ain't broke then don't fix it right? I think that's a more appropriate way to make it far, don't change what's working for you, try some experiments but don't stray to far from the original and if the experiment is fruitful then find a way to integrate that to your original plan.

right, we have to do experiments for ourselves to find something that suits us. maybe we will experience some failures, but at least we already have experience with it, so that in the future we will understand the right and comfortable strategy for ourselves personally, and that is what we will use later

Experiment if you have funds to risk and lose but if you are only saving for your daily living then experimenting is not that advisable instead you will need to find which coin is right and what strategy is necessary .

[sherenikaw]

I agree that you need to learn more if you want to get what you want. Just like trading, trading requires patience and consistency in it. We know that observing the crypto market is not an easy thing, it takes perseverance and patience in it. The ups and downs of the crypto market make many people like traders feel a dilemma where they have to determine the right time to sell or buy coins in the market. It's true that it takes consistency to keep learning and learning in it, because experience is also very important. If we have experience then we can learn from that experience.

[Findingnemo]

If I know a profit making strategy then I would never reveal it to anyone no matter how much money we can make as a team because everyone wants to be better than others so team work is not really going to work in crypto trading that is just my personal opinion and experiences as well.

[Ararbermas]

Learning is the best tools when it comes trading especially when market is volatile because of some factors,  that's why if you rely on what you learned only from the start of your career in trading, sometimes you face some problems and experience losses while trading. So its highly recommended for all traders to relearn because market situation isn't always the same, in fact some professional traders making new strategies everytime just to avoid such problems. So you need to keep updated as well if you really want to protect your money, wherein i suggest never give up learning because its the only way to become successful in trading.

[ven7net]

I got the phrase "unlearn And relearn" from a forum  member and decided to do something nice with it. Most traders start with good and constant profits but along the line the start facing heavy losses most of them are good analyst but can't maintain a clean trade. This has made many give up on trading some see it as a game of chance mean while trading is a continuous process which requires consistent studying and practicing. If as a trader you can't maintain a good trade sheet go do some newer research unlearn the process and relearn

It takes humility to excel in trading it's not a game for the proud because your student can become your tutor in the near future and some one you once showed a technique might have a secret you would need for a better approach. In trading team work too pays pretty cool expecially for starters get a trading mate who would join in analysing the market with you before placing a trade it would go a long way in perfecting your trade over time and also make you a consistent profit maker.

Of course you are right and this strategy can probably improve the trading situation, but you need to understand that the market situation is constantly changing and in order to have a constant income from trading, you need to constantly adapt to changes in the market. Some traders believe that they already have experience and use it without resorting to changing their strategy, which ultimately leads to a loss of funds. so you really need to be able to retrain in time, which will definitely have a positive effect on your trading.

[passwordnow]

It's hard to find someone that shares an interest as you just like in trading. You may find someone that you will learn together but you're unsure how long you shall be with them. Because not all of the time they'll be with you but as long as both of you shares knowledge that are helpful to your trading and you gain some idea from it, that's the best feeling when you're with someone who's not selfish with the experiences and strategies that he has shared throughout his entire trading career.

[so98nn]

Yeah I like this strategy because a refresher course is indeed needed when we are trading since long time. Things are impacting in wrong way when you become monotonous about your ways. Either we go wrong with the techniques because we had learn it before based on the data available at that time. However, over the period data is changing very fast, so as to we need to change the learning’s alongside too. The practice makes us perfect and that’s not an issue but getting stuck with single learning can be dangerous over the time. So yeah I’m gonna say it’s positive way to approach ourselves with trade learning’s.

[CryptopreneurBrainboss]

I got the phrase "unlearn And relearn" from a forum  member and decided to do something nice with it. Most traders start with good and constant profits but along the line the start facing heavy losses most of them are good analyst but can't maintain a clean trade. This has made many give up on trading some see it as a game of chance mean.

Hope the unlearning and relearning doesn't have to do with the same strategy, like if a trader did have a particular strategy that he/she was using but now isn't favoring him again then it's understandable to advice them unlearning that strategy but they don't have to relearn it if not they might end up making same mistakes twice. The best thing it to pick up interest in another strategy, they have to continue doing so until they find that particular one that best works for them.

Traders of this days easily get attached which is a wrong way to go about trading. Traders should be easily adoptable. The market is constantly changing and been able to adopt to this change is very vital. We have many tools that can be used to learn or perfect your trading strategy.

[nelson4lov]

~Snipped

For someone who has been in the crypto trading and investing scene over the years, I've come to learn that crypto markets are constantly evolving and changing and to make profits off this market, you have to continously learn, practice and adapt. You don't need to necessarily unlearn what you've already learnt. If a strategy isn't working, the best bet would be to opt for something else that works. The goal is to constantly learn and go with the trend.

For instance, in the last bull run, only ICOs projects got the biggest cake of the bull run. Today, its Defi and NFTs. To profit in this bull run, you've to start trading assets like this since they've the biggest potential to pull the most profits. This is just an instance. There's so much more to this.

[wxa7115]

Too much of an analysis of how to face all the associated risks while doing trades.

For people to become better traders in the future, just build experience and hug those losses while taking it as a lesson.
 
Advice or suggestions from others will now just be a simple note once people were now used to trading. They just need to be serious and eager to learn as that's the recipe for having a good trading experience.

While it is true that experience is an invaluable tool and unfortunately it is something that can only be learned by performing real trades and winning and losing some of them, knowledge is also critical for your success.

Not everything can be learned from your own experiences not only because this is difficult to do but unlike many other activities you need money in the markets to learn, so it is better that you learn all what you can outside the markets and you only learn on them those lessons which cannot be learned in any other way.

[Mahanton]

It's hard to find someone that shares an interest as you just like in trading. You may find someone that you will learn together but you're unsure how long you shall be with them. Because not all of the time they'll be with you but as long as both of you shares knowledge that are helpful to your trading and you gain some idea from it, that's the best feeling when you're with someone who's not selfish with the experiences and strategies that he has shared throughout his entire trading career.

You can really follow up someone but doesnt mean that every strategy you would make use together will really be both effective and this is where self learning and realizations
do matter and about that unlearn and relearn? There's no such thing about coming back because once you do experience it then the only way you could do is to learn
up in case you do experience losses or failures because we know that once we do experienced things then those would really be put up in mind forever.
The only path you could take is to progress and enhance more.

[Bollexz1]

I got the phrase "unlearn And relearn" from a forum  member and decided to do something nice with it. Most traders start with good and constant profits but along the line the start facing heavy losses most of them are good analyst but can't maintain a clean trade. This has made many give up on trading some see it as a game of chance mean while trading is a continuous process which requires consistent studying and practicing. If as a trader you can't maintain a good trade sheet go do some newer research unlearn the process and relearn

It takes humility to excel in trading it's not a game for the proud because your student can become your tutor in the near future and some one you once showed a technique might have a secret you would need for a better approach. In trading team work too pays pretty cool expecially for starters get a trading mate who would join in analysing the market with you before placing a trade it would go a long way in perfecting your trade over time and also make you a consistent profit maker.

Sorry about this but I would like to tell a short story regarding this plot.

It goes like this, I'm a lover of golf game and I happen to be someone who enjoys betting while exercising myself through a round of golf. I used to be a better not actually the best but one of the best in my category and I win most time. At a point in time, I lot control of everything and kept losing until few months back that my coach/Pro saw me and said something like "you need to unlearn first then relearn" . Just act like you're a novice in this game and without hesitation I heed to his advice and my game came back on, even stronger at this time.

At that point of him telling me, I was skeptical at first but I knew I was doing lot of things the wrong way, or let me just say some things just aren't working the proper way it suppose or used to be anymore.

So I intend to try everything in my power by conducting many researches and applying the same strategy to my trades and  to say the least it's all been fine ever since despite the bear market. Because through my "relearn" I was able to learn great new skills and techniques and understand a bit better about how the market moves as I'm still learning.

To cut to the chase, I'm a student always!

[goaldigger]

Yeah I like this strategy because a refresher course is indeed needed when we are trading since long time. Things are impacting in wrong way when you become monotonous about your ways. Either we go wrong with the techniques because we had learn it before based on the data available at that time. However, over the period data is changing very fast, so as to we need to change the learning’s alongside too. The practice makes us perfect and that’s not an issue but getting stuck with single learning can be dangerous over the time. So yeah I’m gonna say it’s positive way to approach ourselves with trade learning’s.

Continues learning is great in trading despite of knowing already how it works because every cycle have their own timeline and maybe what works today will not work tomorrow so better to keep learning.

In trading we also learn from our mistakes especially if you lose much money on that mistakes and that is the time for you to double your effort on learning things and do the trading properly. This is a good approach if you want to address your mistakes and become more consistent in trading, but if you are giving up already then trading is not for you.

[Wawa2013]

Too much of an analysis of how to face all the associated risks while doing trades.

For people to become better traders in the future, just build experience and hug those losses while taking it as a lesson.
 
Advice or suggestions from others will now just be a simple note once people were now used to trading. They just need to be serious and eager to learn as that's the recipe for having a good trading experience.

While it is true that experience is an invaluable tool and unfortunately it is something that can only be learned by performing real trades and winning and losing some of them, knowledge is also critical for your success.

Not everything can be learned from your own experiences not only because this is difficult to do but unlike many other activities you need money in the markets to learn, so it is better that you learn all what you can outside the markets and you only learn on them those lessons which cannot be learned in any other way.

It's true that in order to gain experience we sometimes have to do real trades, to be able to realize the mistakes we made. But before doing
real trades knowledge is needed, therefore never stop learning about trading. Even some of the successful traders that I know, never stop
learning. By learning a lot, we can actually minimize the occurrence of trading mistakes. Then we also will not be enough to just learn from
our own trading experience, we should also learn the trading experience of others. This can complement the knowledge we have, because
maybe what other people have experienced, we have not experienced it.

[Distinctin]

It's true that in order to gain experience we sometimes have to do real trades, to be able to realize the mistakes we made. But before doing
real trades knowledge is needed, therefore never stop learning about trading. Even some of the successful traders that I know, never stop
learning. By learning a lot, we can actually minimize the occurrence of trading mistakes. Then we also will not be enough to just learn from
our own trading experience, we should also learn the trading experience of others. This can complement the knowledge we have, because
maybe what other people have experienced, we have not experienced it.

That actually it is needed to continue to learn even though we already have because strategies will probably be going to upgrade and so our knowledge is needed as well. Like how successful businessmen, they keep on reading and acquiring knowledge as it was the tool to keep their level on the top.
With more experience, more readings, we are making ourselves to be prepared more for the future and we able to replace obsolete ideas.

[maxreish]

Or change the way you understand the process or tools. If you fail and lose because of those technical analysis you used, relearning is a good way to make a good trading.
 
 Another one is the trading mismanagement, there is what you called "trading plan", the moment you learned something from your past mistakes, the more you have to change your trading management plan. There are times the usual tools, usual way of strategy aren't working anymore that you need to revise to become effective in trading again

[Vaculin]

Or change the way you understand the process or tools. If you fail and lose because of those technical analysis you used, relearning is a good way to make a good trading.

This is not an option but was a must if we wanted to see good results after badly suffering losses.

Another one is the trading mismanagement, there is what you called "trading plan", the moment you learned something from your past mistakes, the more you have to change your trading management plan. There are times the usual tools, usual way of strategy aren't working anymore that you need to revise to become effective in trading again

Plan A, B, and C...we have to find out which one of them works so well and mean to see the positive results. But all of them don't work so well, I think we need to give up and find another place where we become productive. Since we all know that trading isn't for everyone, it is very important to know our capabilities and we don't need to force ourselves and stop overthinking that it all be fine later.

[el kaka22]

The reason why you should unlearn and relearn is that what works for you now is something that could work for someone else, and eventually a strategy that works for everyone means that there is no unlimited amount of money in the world and hence why it will stop working eventually.

This is why you should always end up with changing your strategy and looking for a new one that will work, because one strategy will not make you profit forever, it is just impossible since more and more people will realize it and use it and breaking the strategy making it not work anymore. So you do not have to unlearn anything, just realize that what worked so far will not work eventually and retry that with some other method, keep finding new strategies all the time, even while making a profit with one strategy, keep testing others as well so that you could be the first.

[Wawa2013]

It's true that in order to gain experience we sometimes have to do real trades, to be able to realize the mistakes we made. But before doing
real trades knowledge is needed, therefore never stop learning about trading. Even some of the successful traders that I know, never stop
learning. By learning a lot, we can actually minimize the occurrence of trading mistakes. Then we also will not be enough to just learn from
our own trading experience, we should also learn the trading experience of others. This can complement the knowledge we have, because
maybe what other people have experienced, we have not experienced it.

That actually it is needed to continue to learn even though we already have because strategies will probably be going to upgrade and so our knowledge is needed as well. Like how successful businessmen, they keep on reading and acquiring knowledge as it was the tool to keep their level on the top.
With more experience, more readings, we are making ourselves to be prepared more for the future and we able to replace obsolete ideas.

With the trend of the crypto market constantly changing, we must learn how to build more effective strategies, it means we really have to continue
to upgrade the strategy we use trading. In order to still be able to generate profits in any situation, people who stop learning opportunities to
experience losses will widen open. So don't be lazy to learn, the more knowledge we have, it will provide convenience when trading.