Note: this is particularly aimed at high-school/entry level college problems
When I'm learning a new topic:
1) I read the theory given in the textbook at the start of each topic
2) proceed to read the solved example problems which the textbook provides (usually 3-5 with full solutions)
3) I then proceed onto answering every question within each exercise.
My problem is that I still forget concepts, for instance, let's say a week later (or even a few days later sometimes).
What am I doing wrong?
You don't say anything about writing notes or summaries. For each type of problem, while it is still fresh in your mind, write a detailed reminder to yourself on how to do it -- maybe a particularly good example. Include key definitions, theorems with examples and non-examples. Keep these summary notes separate from your lecture notes so you can quickly review them.