Re: Learning how to trade is a Paradox

Hi Eric,

 

You're absolutely right.

Ray Barros said basically the same time - that make mistake is part of learning.

 

The key is risk management.  Make sure you take only small risk while you're still learning.

 

Regards,

Peter.

 

On Fri, Jan 29, 2010 at 2:41 PM, Eric Lye <forexlye@gmail.com> wrote:

Learning how to trade is a paradox.  When we trade, we tell ourselves don't make mistakes.  However, we can only learn well if we make those mistakes.  And most people need to repeat making the same mistakes in order to learn (cognitive training).  Thus, allow yourself time to learn, allow yourself to make mistakes (at a small cost).