Learning. It is one of the most important things in everything in life – from walking to nuclear physics – nothing can be achieved without properly learning on the subject. And in trading it seems that there has never been a truer statement. We need to learn and to watch everything that we meet in our way otherwise it has all been in vain.
But even during learning we manage to make mistakes.
And so we need to… learn how to learn. Cool?
1. You want to take it all in… in a span of a week.
2. You want people around you to support you… and listen to you.
3. You start off… on the level too high for you.
4. You start off… without demo account.
5. You use your trading signals… once a week.
1. You want to take it all in… in a span of a week.
We all make the same mistake when we start whatever – we want instant results. Gym, learning a new language, yoga, painting, pottery – we want to have instant knowledge and see instant results. Otherwise we just give up and go home. But we understand that that is a not-at-all-right-approach, right?
Learning and knowledge setting is a constant process that may take up to ‘your whole life’ timeline. And that is okay. We just need to accept this fact.
2. You want people around you to support you… and listen to you.
Of course talking about the newly acquired knowledge is exciting. But in the end people are probably not going to care about this new found passion of yours. You need to understand that in the process of learning something new you might be completely alone as no one is going to understand and be prepared to listen to you talk all the time.
It is good to look for the new people from the same circle – that way you are not going to be a burden for anyone’s ears and are going to find people who understand you constantly.
3. You start off… on the level too high for you.
Of course you are not chicken! You can take it! You can start off on the level higher that your recent skill. Nope. That is not what you can do. Even though you might actually have some result starting off like that there is a possibility that you are going to miss something very important.
You wouldn’t build a house without having to lay down the foundation – it is not going to stand properly and is going to be very flimsy. That is why my advice – do not try and skip any stages. They are very important.
4. You start off… without demo account.
And we are coming back to trading as it is the reason we are gathered here today.
So. Learning about trading should be done from the very beginning with knowing people around you and gradually – just like with any other thing. But the greatest thing here is the fact that there is the possibility to start off slowly – with a demo account.
And yes, again. You are completely capable to trade but it is better to use your demo first. That way you learn everything without actually risking your money and your trading future.
5. You use your trading signals… once a week.
If that is how you use your trading signals, then I do not understand why you subscribed to trading signals in the first place.
They are there to help you. Especially in those just-begun moments. Trading signals is like the best spotter you will ever have. And rejecting their help most of time is only going to damage your trading and your earnings level. Do not forget to use your trading signals before going into trading. with them you are going to have the luxury to learn AND earn at the same time. Perfect.
