This landed in my WhatsApp today and IMO, it applies to learning how to trade or to learning anything new for that matter.
If you want to gain consistency quickly then you must learn to separate the wheat from the chaff.
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Thanks for the reminder QuadPip! 
I guess it also applies to our daily living. 
Yeah you are absolutely right. Most people don’t know what they don’t know and what they should know. As a result they jump from one strategy to another strategy. And this way they forget to learn the basics principles of trading
It sure does Ria. Helps to make good decisions in our increasingly complex lives.
In order to learn a subject in full, just start reading at any random loose end and keep going until everything you are reading you have read before.
In order to achieve an objective, scope the objective so you can define precisely what it is. Then work out the route to get there, then work out what you need to know to make steps along that route. The go ahead and learn what you need to learn to achieve the objective - ignore everything else.
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As an IT consultant, I’m exposed to various industries that my clients participate in. To succeed at my job it is imperative that I get a grasp of the essential elements of their particular domain and the KPIs that they care about most. This training helped me in my approach to learning how to trade.
When I decided to learn trading I created a list of the most important metrics and arrived at the following:
- Risk management
- High win rate
- High Reward to Risk ratio
Given my time constraints due to my job, I decided that I cannot scalp or day trade. Long term trading held no interest for me. What remained was swing trading.
Next I looked at analysis methodologies. Fundamentals were ruled out since they would apply to long term trading, if at all. My math sucks big time LOL, so quant methodologies were ruled out. That left technical trading using indicators, market structure and price action.
Indicators are lagging and get you into the move too late, reducing win rates and R:R and increasing SLs and therefore increasing risk. That left me with market structure and price action.
It took me about 3 to 4 months to figure all of this out. Thereafter, every free moment I had I would spend learning price action and watching the charts unfold. It took me approximately 1.5 years to become consistently profitable and I’m still learning new stuff and improving my KPIs. I’ve been trading for a little over 3 years now.
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Can relate to this in my early days 
It can definitely be overwhelming how much there is to learn in Forex but is important to cut out the noise and to remember there are probably 1000 different ways to make trading work for you. When I was obsessed with learning it all at the beginning a trading friend said to me ‘there is no point being an expert in all the different indicators if you want to make money’. Took a while for me to understand what he was talking about!
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