Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
Trading will be quite easier to learn if we can have someone who will guide us on how to be a successful trader in the market, and it will only be possible if we will be guided by those expert traders in the market, those that have endure a lot of trading experiences regardless if they are profitable or not. But it does not mean that we will rely on them all the time. Once we are good enough, then we can already trust no one on making market analysis since we should develop skills on it on our own. Trading is a process, thats why we have to start from being less knowledgeable until we find ourselves almost know everything about trading, until we finally see ourselves being successful and profitable in trading without trusting anyone else to do trading for us.