The difference between knowledge and wisdom.

We strive to bring as much materials as we can to our service. We hope to build it up to really big directory containing both trading knowledge and wisdom. From this reason it is not advised to try to acquire everything in one go. Human brain when fresh and calm keeps 40% maximum of read information so wanting to get as much as you can you need to get back to materials few times until it is adopted completely.

Trading knowledge can be found in books. Some of it is purely theoretical and as such has not much in common with real life. Some of it contains useful information which when adjusted to personal needs and goals can return very nice yields. Wisdom from other hand comes from experience and practice on the market. It's usually more valued than trading theory as it gives you methods that are working for someone who spent quite often many years to refine them. But there is a glitch here too - as some of such methods comes from many years of trading it is impossible to adopt them "on the fly". Usually you need to spend quite some time to learn how to use them for yourself. Most valued for you, and for any other person who wants to trade markets, is combined wisdom and knowledge practiced on market for months if not years. We will help you with knowledge and with wisdom, we can even help you a bit with practice but question if you will achieve full success on financial markets is only for you to answer.     

What is Learning? 

According to wikipedia learning is "the process of acquiring knowledge, skills, attitudes, values through study, experience, or teaching, that causes a change of behavior that is persistent, measurable, and specified or allows an individual to formulate a new mental construct or revise a prior mental construct (conceptual knowledge such as attitudes or values). It is a process that depends on experience and leads to long-term changes in behavior potential. Behavior potential describes the possible behavior of an individual (not actual behavior) in a given situation in order to achieve a goal. But potential is not enough; if individual learning is not periodically reinforced, it becomes shallower and shallower, and eventually is lost in that individual. Learning is sense making that enables manifestation of purpose."
In short we learn to achieve goal, to be able to behave properly in given situation. This means that we are learning constantly to adjust to changing environment. Sentence that we lean whole our lifes in light of whats above and praticulary in trading is a profound truth. Markets are changing constantly pushing traders into continous process of adjusting themselves to new situations. Traders who stops progressing with market changes, who at some point stops learning are quickly eradicated from the market as their methods cease to adjust and become obsolete.   

What is Implicit learning?

How to learn to trade the market

I invite you to members section. You can find there a very interesting article about implicit learning written by Brett N. Steenbarger, Ph.D. together with other interesting articles. You don't have account yet? Create it [here] for free.