Forex Trading

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?

It is new approach to answering question how trader gain expertise. Simplest way to describe it is to do it through example.
People learning languages not always can verbalize grammar rules but they know which sentence is correct and which isn't. For example I know nothing about grammar rules in english as it's not my first language. I've learned it from computer games mostly so although I'm pretty proficient in this language, during university times all english grammar tests weren't returning any good results.
Same with trading. Traders are not always able to say why they entered long or short position but it shows to be a good decision. This is because most of time trader is making decisions basing on current price behavior and they almost always make it with very limited information.

How to learn to trade the market

Through practice. Keep in mind that many succesful traders become successful after long period of trading practice . It take years to be a good carpenter, more than decade to be an excellent carpenter, how long it will take to be an excellent trader then? Of course it all depends on individual abilities, talents and motivation but even highly talented traders didn't achieve full success right away after sitting before screen and start trading . If you want to be a trader prepare for years of practice and tons of readed materials - it is the only way.