Topic: Learn from experience more (Read 1091 times)

Learning experience would really be something not just be obtained in trading but also in other things as well on which if you are dealing up with other things then its inevitable that you will be able to learn something.
There are really just that those individuals who are really that too impatient when it comes into this manner on which they do love on fast tracking up the things thats why they are really that prone into tons of errors.

It is really that normal t hat there will really be those lapses since due to lack of knowledge and experience but on the time or moment that you do have that good grasps then you could be able to handle up yourself well.
Not all do starts on being a pro and its normal that when we are just that starting then we are prone into tons of errors and thats why its normal or important that you do really make out adjustments.

Learn from those mistakes and act accordingly on which on the time or moment you've seen yourself having that progress then just simply continue and will really be having that slow pace on learning things.
Learning is something that a never ending thing on which you do really need just to adapt and act accordingly. It will really be just that impossible that you cant be able to determine on what are the things that
you must do so that you will really be that profitable. The wrong thing about in most people is that they do become that impatient on which it do really end up on tons of mistakes because they are expecting it too much.
Therefore, in order to sustain then you should be having that realistic approach at least.

We can learn from mistake in trading without spending more or it causing us to lose too much. You're going to lose when trading but it will be controlled by you because you won't be using too large capital when trading but be managing your money very well. Furthermore, the experience you're getting when trading on a live account with all the risk is better than when you are practicing trading on a live account. Some mistakes people make is to think that demo trading is the same as live account trading. They're not the same and have different outcomes.

Traders need to utilize and rely on every opportunity that they get as an avenue to learn because learning is the only way you can keep your trading knowledge up to date and standard so well that you gain a considerable amount of victory each time that you are trading.

There are many trading strategies that a beginner trader can learn, all of which can provide them with experience if put into practice. It's useless if they only master the theory - while they don't dare to put it into practice even with a low budget. Beginner traders are actually advised to use a low budget during the trial period - but some of them can also be greedy just because of their imagination of getting rich quickly through trading.

If a beginner trader can get good returns on a low budget - then they can gradually increase their budget over time. In fact, trading is difficult and does not always provide returns - meaning losses due to price changes can be incurred even if they use the same strategy as before. As a result - backup strategies cannot be ignored.

TBH, I don't get your point. Why learning from the mistakes will lead to more losses?  
When you evaluate your trading strategy and get some lessons, you probably will try to apply a better strategy. In this way, you will reduce the chance to get losses in the future because you are improving your strategy in trading. Even, this way will lead to a higher chance of getting possible profits. Using a more proper strategy will make it easier to gain profits.

Constant buying? What do you mean, dude?  
If you become a more experienced trader, you will understand how to trade effectively. You won't always think about buying (entry) but you also must think about exit (selling). Analyzing the fundamentals and market trends, will be more often when you have enough knowledge and experience. In this way, you won't also keep buying but you also keep selling in a better time.

As a trader it is good for us to be confident about the strategy we are using especially when it has been tested and trusted.  You need to trade for a period of time before you gain experience and that's why experience traders can analyze the market and tell you what could possibly happen in the crypto market over a certain period of time. Everything is based on knowledge and experience all together. The market can move anyhow and if we have not seen such kind of reaction before, we could be surprised to make wrong decisions without knowing until we see the results. Every new traders need to work with experienced traders so that they can understand more about the market without depending on little understanding about the market.

That's right. From failure we can learn what method is actually suitable for our trading. Don't just follow suit, and the longer we trade, the longer we hone our skills and gain experience so that it will provide many lessons for us which in the end when making decisions are not wrong.

So instill in our minds when there is a loss, make it an experience and instill in our minds so that we can survive for a long time with the capital we have so that we can always trade. Reading trading books, practicing and gaining experience are the keys to success in trading.

Every trade whatever happens must be gone through, both when getting profit and loss so that we can improve ourselves, hone our mentality and awaken instincts. because trading is an art, not gambling that can bring wealth instantly.

Learning about trading through mistakes can increase the process of losing capital for a trader so he should spend more time learning so that the amount of losses can be significantly reduced.
By entering the market and managing the follow up accordingly a trader becomes experienced and should maintain a constant buying trend so that holdings increase over time and the potential for higher profits.

Indeed, if mistake being analyze deeply and adjustment will be done accordingly then it will be beneficial for a trader to make better outcome, there's no accurate but anticipating the market from the past experienced may help you either to secure your profits or to minimize your potential loses, it's more on how you take care of your position and how experienced gave you the insight of the possible next market run.

The more you use your experienced the better you may anticipate your correct position, else, you can react properly if there's there's something wrong with your current position and adjust if needed.

If done thoroughly and the mistakes which would be done analyzed in the process, of course - it would be beneficial to a person in the long run. Truly, some charge head-on to make the profits, a crazy one at that, however, the market would punish such behavior heavily and the moment some deals are made.

You are right, when someone has gained theoretical knowledge of course they must try to practice what they have understood in the field they are studying because without trying it of course they will not know how far they have understood about what they have learned. When someone tries to trade of course they must be prepared for everything faced in trading and when they first try it of course they will fail because not everything they learn will be obtained when they first try it and over time of course they will slowly understand from the experience they get in trading, if someone does not have enough knowledge and is not ready to lose their money when trading then they can try it with a demo account and after they understand it well of course they can try it with capital that they can afford when they fail.

The problem with most beginner is that they are in hast to make quick money without getting the real training and skill that will give them the money. Although, sometimes we learn through mistake but there is need to have more experience to avoid making expensive mistakes.
Trading is a capital intensive activity that require learning and experience so there is need to learn and get the real knowledge of trading process before getting trading

Trading is a very delicate activity that require adequate training and experience that is beyond knowledge gained from reading books alone. It's advisable to undergo adequate training before venturing into trading.

Exactly, they work alongside with each other and if you want to excel then you need to execute both in an actual market, both theories and your actual experienced gives you hint and ideas on how you need to react and how you need to anticipate, learning needs to be continually as there are many factors that you need to consider when deling to this type of market, it's not an easy process but there's always a possible ways that you may use when you are eager to succeed.

Theory will be our basic capital to enter into something and in this case trading, then the experience from the practice that we do completes our understanding or knowledge, this is something that will continue to be related. It is not good if we do something without a basis of theoretical knowledge, and it would also be a shame if we do not learn from the practical experience that we feel ourselves in the field. I think in life everything does not just happen, everything will require a process and in this case theory becomes the initial process we can understand or know in general about something. Then when we practice it directly, it will be a detailed lesson again.

There is no substitute for theoretical knowledge and practical experience to learn any subject. Especially theoretical knowledge is incomplete without practical experience. I think theoretical knowledge is only one third of skill in skill acquisition. Then you need to complement the knowledge through practical experience.

If someone wants to claim to be a trader after learning basic trades, then I can call him nothing but a fool. Trading is very easy to learn but when you practice it you realize how difficult trading is. If you trade with two days of experience, you will lose many times more than you will gain. So it is better not to trade with cash without completing the knowledge.

There are some things that a trader needs to experience and some that they don't need to experience in going through a process such as making mistakes that actually many people have experienced and they share in their experiences so that others don't experience the same foolishness without having to go through it, it makes us learn much better, in addition to learning from their own mistakes, people's mistakes must also be learned so that we don't get caught in the same trap that makes unnecessary losses, and that's what I want to say.

Of course, theoretical lessons are one thing and practical experiences are another, although theoretical lessons are useful and important, practical experience is necessary to gain the necessary experience. Theoretically, for example, anyone can learn to drive a car,  but practically, in reality, not everyone is able to drive a car within the city and crowded places.

Trading is the same thing. Theoretically, everyone thinks they can trade because it is very easy. It is simply buying at a low price and selling at a high price, but when they start practical trading and start making mistakes and losing, they realize how wrong they were and how much they need practical experiences.

When it comes to trading it has to do more with experience, like market volatility and trading strategies can be well understood by learning from experience and one thing about trading is that strategies changes with time and experience helps in giving one the understanding when a particular strategy is no more profitable in trading. It is only from experience mistakes in trading can be learned and the truth is that if you don't have a good background which is experience it will be very difficult to be a good trader, so let just say experience is just like a road map in trading.

Actually we did really come into this point on which you are really that believing that trading on demo could really be that making you having that easy learning about on doing trading on which it do really comes into a point that you do really become that too confident into your trades on which it is really that something that lets you think that you could really be able to do it, specially if you've seen that you are profiting too much on demo account then you will be directly making out some account with live balance on which you will be eagerly trying out to have that kind of approach on which you will really be thinking of that you can make easy profits
because you have done something good on Demo, until that the reality would slap up into your face on which you are experiencing that tons of loses due to lacking that real experience.
Its true that as we do go further then we do able to have that kind of chance or possibility that we do able to get that advantage as we do go forward on making up some experience and as we do
make up even more trades or whatever things that we are dealing into then you do have that kind of assurance at least that having more awareness from the things that you do able to obtain via experience.
It would really be just that too impossible that you cant be able to make out some adjustments basing up into the things that you do encounter along the way.

There is no better teacher than experience who accords everyone that frontrow seat!

I know people have done things before, experienced certain circumstances before have written books to help as a guide for others not to fall into certain pits,  but for someone to learn something it takes experience to have the lesson 💯  infused in us..besides the markets are dynamic and not everything is documented as it can only be learnt by the person themselves...

And not everyone is a bookworm to visualize things and learn from them.