3/20/2023

How do you significantly shorten your learning curve without losing your starting capital?

 

How do you significantly shorten your learning curve without losing your starting capital?

That is the number one goal of new traders.

There are some proven research-based techniques to do this.

  1. Teach someone else. Make a video, guide, and instructional infographics, and explain to others. This is one of the fastest ways to master something. Members who do this learn fast and retain things, plus in the process of doing this, they clarify and reclarify the setup.
  2. make learning fun and entertaining. Research shows learning improves dramatically if it is presented in a fun and entertaining manner than in a serious and monotonous pedantic style. Similarly, if you make your learning a fun activity you will learn trading faster.
  3. Associate things with your existing knowledge or life. Research shows associative learning improves the speed of learning. You’ll remember complex topics if you relate them to something else in your life. 
  4. Use Mnemonic devices — like acronyms, chunking, and rhymes — they work by tapping into how the brain naturally stores data
  5. Intense efforts of a few days to weeks result in big learning compared to extended periods of effort. When the brain is put under tremendous pressure, a coping mechanism kicks in and you learn rapidly. Intense deep dives, boot camps, and saturated multi-subject studies in one or two weeks speed up learning.
  6. Test Yourself on your knowledge often. Studies show self-testing improves the speed of learning.
  7. Social learning theory suggests that social behavior is learned by observing and imitating the behavior of others. It is the most accepted learning theory
  • People learn through observation. Learners can acquire new behavior and knowledge by merely observing others. You do not need many trials to learn this way.
  • Social interaction reinforces learning. Active participation and interaction in social settings lead to learning. as against passive observation or lone efforts.