not paying? You should unlearn then relearn

[michellee]

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.

If we do not have many strategies, we will not have a chance to survive in the crypto market instead will lose the money because we do not know when to buy and sell. Learning more and more will help you analyze the market so you will have up-to-date news about the crypto market and know what to decide later. The trend in the crypto market always change but if we can follow the change, we do not have to worry because we will know how to anticipate.

[Yatsan]

In the vast world of trading wherein anything can happen right in front of you, there is a higher chance of obtaining losses than gains and there is no such assurance of a stable good trade specially we are dealing with a highly volatile market. Now, if you are thinking about quitting because of the reason that you are having a hard time dealing with trading, maybe it is not really meant for you. But if you are really eager, then you must know the risks associated on this kind of work and must see to it that there is not a standard strategy on making up with this volatile market. Most of the time you need to neglect on what you currently know and explore greater things down to higher possibilities to learn new things that can be useful in your trading.

[gabbie2010]

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.

Unfortunately a lot of traders use and dump many strategies once they started losing they wouldn't want to enquire what was the main reasons and cause of  incurring those losses I had a trading strategy I got from forexfactory I had stick to it practicing and twicking it for effectiveness, learning from any loss that I incurred reasons for the losses and how I will try to avoid such loss in the future though there is no holy grail strategy however with a working strategy and effective money management the bottom-line is to continue to learn and acquire more to be able to an edge over the market and obviously there are tons of resources online that can aid any trader towards becoming a successful trader if only such a trader is ready to summon courage and be self motivated to learn.

[Anamika1000]

I don't even think it might be right according to my opinion because learning comes first we should learn in trading from our mistakes that at which point we are strong we at which point we had made the mistake. Probable for trading learning is very important in all aspects.

[cheezcarls]

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.

In other words, emptying our cup. Or I can say the process is like the four pillars “Decide. Take Action. Assess. Adjust”.

It applies in all aspects of life, especially trading. Always learn from our mistakes in trading, because even the so-called “pros” and “experts” are not exempted from making mistakes as well because the market is unpredictable.

[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.

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.

Exactly, there is no doubt that there is a lot of value in learning from your own mistakes and that the lessons that you learn while doing that are the ones that you're probably never going to forget, but we cannot really afford to lose so many times in a market that is so volatile because a newbie is only going to be able to learn a few lessons and then lose the rest of their capital, and probably by that time they are going to be so disappointed in the markets that they are going to refuse to come back to it.

This is why it is better to learn all what you can before you use a single cent in this market and only learn from your experience things that you cannot really learn by just reading a few books.

[Bitstar_coin]

Or better yet,  don't rely on one method of trading, if method is nit given you profit or making you lose money instead of gaining,  it is better to discard that method and find something new, there are many trading tips on Youtube to learn from until you find what works for you, you can even combine and see how it plays out, some people have put years in practicing trading before they become good at it, for anyone to be successful in trading, they must put a lot of effort.

[milewilda]

Or better yet,  don't rely on one method of trading, if method is nit given you profit or making you lose money instead of gaining,  it is better to discard that method and find something new, there are many trading tips on Youtube to learn from until you find what works for you, you can even combine and see how it plays out, some people have put years in practicing trading before they become good at it, for anyone to be successful in trading, they must put a lot of effort.

Be versatile and dont be just having that kind of close minded where you do only stick on what you had known.Trading is a continuous learning and it would be involving lots of trials and error.
Its not really that something that you do need to unlearn but rather learn on what you had actually experienced or able to commit.Mistakes are inevitable and if you do have that kind of personality
on where you do easily give up then thats an another story. Continue to learn and make progress for yourself because you wont really be successful if you do just limit out
on something which you can even more do on what you are doing currently.

[Masplanc]

Things people don't know about trading. You can start trading and makie earning, but as time goes on things change. Sometimes market strategy don't remain the same like the way you started. Some people think it is always the same , that's why when they start losing it become surprise to them

[isaac_clarke22]

~

People in other social media tend to say that trading would give you a lot in a day. Back when I learn day trading, there were many overhyped videos that tend to say that you would get more than 1 BTC in a day just by watching this video.
Because of those videos in Youtube, newbies tend to straight hop into day trading thinking that they will get rich really quick in that kind of strategy.

[Bitstar_coin]

Or better yet,  don't rely on one method of trading, if method is nit given you profit or making you lose money instead of gaining,  it is better to discard that method and find something new, there are many trading tips on Youtube to learn from until you find what works for you, you can even combine and see how it plays out, some people have put years in practicing trading before they become good at it, for anyone to be successful in trading, they must put a lot of effort.

Be versatile and dont be just having that kind of close minded where you do only stick on what you had known.Trading is a continuous learning and it would be involving lots of trials and error.
Its not really that something that you do need to unlearn but rather learn on what you had actually experienced or able to commit.Mistakes are inevitable and if you do have that kind of personality
on where you do easily give up then thats an another story. Continue to learn and make progress for yourself because you wont really be successful if you do just limit out
on something which you can even more do on what you are doing currently.

I would believe that with your rank you have the capability to understand my post because as far as am concerned i don't see any statement in my post that indicate am close minded, infact i even made mentioned of learning different methods on youtube to gain more experience and develop one owns trick, (a close minded person will not be willing to learn different methods or tricks from youtube or any other source for your information)
so i sincerely don't understand or share your opinion on my post as close minded, you sound like someone who jump into making a post without given what was written a thought. Please look up the meaning of close minded and make a comparison with my post.

[Helpme_please]

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

from mistakes and failures we could be better investors, try and error will be very effective methode to get money in any field. strategy will easily build based on our experience facing this mistakes. alot expert come from noob as long as they have spirit to learn and improve their skill that needed in market.

[Karish2return]

It depends upon the person that how much he has the ability to lose, because in trading risk management is very important as well as you have to be much consistent in order to get profit and then you should learn about the coins and trading strategies that which strategy would be better for you to get rid of loss.

[wxa7115]

Or better yet,  don't rely on one method of trading, if method is nit given you profit or making you lose money instead of gaining,  it is better to discard that method and find something new, there are many trading tips on Youtube to learn from until you find what works for you, you can even combine and see how it plays out, some people have put years in practicing trading before they become good at it, for anyone to be successful in trading, they must put a lot of effort.

This is only true for those that have great skills when it comes to trading, after all the majority of traders out there do not even have one winning strategy so it is too much to ask for them to develop several and be incredibly flexible in the way they trade.

However an interesting thing I noticed is that once you develop a successful strategy then you are going to be able to develop several of them and then you can decide to use not only the one that gives you the most profits but also the one that fits you as a trader the best.

[shield132]

People want a constant profit when trading and then they feel euphoric, once the loss begins, then panic turns on like the comedown after the euphoria. Also, it's not that easy to unlearn what you have already learned, it's like, you know, the first impression is the last impression, so, if you learn bad at first, then it becomes very hard to fix that and "unlearn". I think you have to catch that moment when instead of learn, you understand by logical thinking and if you find something wrong, then it becomes easy to unlearn the past thing and comfortably move on a new one.

[Maslate]

Or better yet,  don't rely on one method of trading, if method is nit given you profit or making you lose money instead of gaining,  it is better to discard that method and find something new, there are many trading tips on Youtube to learn from until you find what works for you, you can even combine and see how it plays out, some people have put years in practicing trading before they become good at it, for anyone to be successful in trading, they must put a lot of effort.

This is only true for those that have great skills when it comes to trading, after all the majority of traders out there do not even have one winning strategy so it is too much to ask for them to develop several and be incredibly flexible in the way they trade.

However an interesting thing I noticed is that once you develop a successful strategy then you are going to be able to develop several of them and then you can decide to use not only the one that gives you the most profits but also the one that fits you as a trader the best.

it really needs to changes as we are adopting the market trend. Having multiple strategies could help it as possible that some strategies might not work or it is not applicable. Thus, if we keep on learning that enhances our knowledge and skill, and as a result of this, it gives positive outcomes.

As a trader, we need to be flexible and we never have to be contented of what we have learned today. As we are aiming to become better and successful, then that will be going to do ourselves.

[suryana]

I think the "don't use the money you can't afford to lose" advice is also good for traders. Using a lot of money is one of the reasons why they got anxious pretty quickly, in addition to not using stop-loss or has trading discipline. If you know the money that you can use, risk management can be easier. After that, learning discipline is the next thing to do.

Well this I agree , why people can get anxious in trading . It turns out that the fact is that many traders use a lot of money and it is not theirs or borrowed money. This is one of the initial failures in my opinion. So even a little if it is private money is better than a lot of borrowed money.

[wahyu wida]

I think the "don't use the money you can't afford to lose" advice is also good for traders. Using a lot of money is one of the reasons why they got anxious pretty quickly, in addition to not using stop-loss or has trading discipline. If you know the money that you can use, risk management can be easier. After that, learning discipline is the next thing to do.

Well this I agree , why people can get anxious in trading . It turns out that the fact is that many traders use a lot of money and it is not theirs or borrowed money. This is one of the initial failures in my opinion. So even a little if it is private money is better than a lot of borrowed money.

it can be a mental burden for a trader's psychology. it is different if the mentality of a businessman, even though the capital used comes from a loan, but because their mentality is already formed, this will not affect them. and I think this belongs to the speculators

[GeorgeJohn]

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.

Really their is no perfection or specialist in trading, just get the concept that trading is like gambling and it does not require special knowledge, so this scenario of yours via impacting of knowledge of a perfect trader to another or a student been creative than the master is just imagination from my perspective, because both novice trader can as well make an essential profit than the master in trading, so that doesn't mean that he has acquired perfect knowledge than the master, "to be frank or to honest i really dispute or disregard such point" because i understood that trading is a luck not base on education, because those that taught they are perfect always lose large amount of capital's during trading.

[Traderbtcc]

"Unlearn and relearn" seems pretty simple/easy to say, but in reality its actually difficult to start learning what you have already learnt in the past, during green days you don't actually have to know much about trading to make profit, cause literally every coin on the market is pumping by then, so you just have to buy and take profit when the coins pumps, during the bearish season that's when you will see the real traders who still earn from trading, but sorry to ask how can someone unlearn what he/she has already learnt? There's nothing to relearn except he/she didn't pay attention and learn it well the first time.