A short YouTube monologue (by Kardec Trader) arguing that while formal education and studying trading strategies are necessary, the bulk of learning comes from actually putting on real trades — applying knowledge in live-market conditions is the hardest and most essential step.
A lot of traders think when they take education, when they watch videos, they will magically become a good trader. Learning is one part. Most of the learning, the most of the experience comes from actual trading, when you're actually on the battlefield, when you're actually putting on trades. So if you have the education component down and let's say that's checked off, and you have the good education, good foundation, that's one piece of it. The second piece of it is you putting on real trades. Most traders miss that part out. They think, hey, I've learned a certain strategy or learned how to trade the markets, and now I should be ready to go take that with a grain of salt. Just by understanding that if you have the education, cool. Now you have to apply it, which is the most difficult part, in my opinion.
