To be successful in every/any business one ventures into, you need to know about it, how it works, steps to take, etc... This applies to crypto too.
To be successful trader, you need to be educated on crypto trading. Someone might be lucky and trade but thats just LUCK like I said. You can't depend on luck and its never advisable to invest your money into something you don't understand.
Topic: A successful trader must be an educated trader? (Read 2491 times)
of course, i agree 100%, But i think a successful trader is actually an educated trader.. Educated in the sense that he knows the in-out of the market, when to enter into a trade. I think if you are highly clueless about what you do, there is no way you will be successful in that. therefore, to be successful in trading, i think you really need to be very educated about it.
Unfortunately trader learns from mistakes. Only our own experience, both positive and negative, will allow us to develop our own profitable trading system. In order not to sell on the red market, I always set a stop loss.
Learn always when you have free time. Do not believe anyone, there are no authoritative opinions in this market. Learn, to rely only on yourself and your experience. Knowledge is the power, which help you to make really a big money in this market. And not only in this...
Learn always when you have free time. Do not believe anyone, there are no authoritative opinions in this market. Learn, to rely only on yourself and your experience. Knowledge is the power, which help you to make really a big money in this market. And not only in this...
Yes of course, a successful trader must be an educated trader to be able to familiarized in this kind of business and industry and also to earn a good amount of income or profit in this industry.
Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?
As for me , education and knowledge about what you are doing in every field of life is important to succeed. Trading requires knowledge and wisdom about the fundamentals of cryptocurrency trading. It is important that every beginners in trading woild have the eagerness to seek knowledge about it.
I agree with this. but not 100 % with this. learn about bitcoin first thing before trade. then have to get knowledge about charts, patterns etc & how to analyse them. as well as we should share our knowledge & experience via social media. not only educated bitcoin i think some of luck we should have become a successful trader.
Yes a successful trader must be an educated trader, because if they are not an educated trader then they will find it hard for them to don the trading because if you want to trade you must study it twice or as many times as you can so that if you do the trading you will not lose the money that you invested in the crypto.
in my opinion a good trader is an experienced trader, and from that experience of course a trader studies market conditions in various situations, so that a trader can determine the strategy that must be taken
If you have knowledge or educated people it can really big help or advatange of this if you are want to start trade. But even you are not an educated person you can learn from your own by doing a research and asking some successful trader about the tips, strategy and advice that possible that given to you so you can apply this.
Yes a successful trader must be an educated trader, because if they are not an educated trader then they will find it hard for them to don the trading because if you want to trade you must study it twice or as many times as you can so that if you do the trading you will not lose the money that you invested in the crypto.
I don't think that crypto trading really deals with economical education or things like this...Crypto is very different from all other spheres I'd say.
I think successful traders are not always highly educated, because they can learn self-taught and practice directly with experienced mentors. I have a friend who failed in education, he is out from school and playing on bitcoins and now he is successful. What I mean by success is that he can buy a luxury home, buy a car, have savings and he has no other job except to play on cryptocurrency, especially bitcoin.
I don’t think so that there can be any other beneficial thing for you other than that of the learning new things and concentrating on increasing your knowledge and to learn new techniques which can then help you in playing smartly and that you can then manage to make effective decisions
All financial investment markets need to be learned before investing. Investment knowledge is very important. With this market, we should learn more technical analysis.
Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?
Well all the traders who want's to be rich or successful they must be an educated, because trading is not easy so a lot of people needs to practice really well so they will have a big chance to became a successful trader, and having a wide knowledge about trading is the best way to make a lot of profit.
You cannot rely on luck to be a successful trader. Education still remain the key to success when it comes to trading.
Education and trading is two different sides. These can't compare. If you know how to read, write and operate a computer you can learn how to earn money by doing trading or from cryptosystem. However, the most important thing is earn profit. It is totally different. It depends on your analysis. If you are good at analyzing you can earn huge profit. Also, although if you are too bookish you might not able to earn money in crypto if care is not taking.
Education continuous improvement of knowledge is very essential in cryptocurrency market we should learn every day about market trends then only we will make good decisions in all market times
Can we avoid or escape from education? For every spare in our life education is so important that we can’t lead even a day without using it. Yet I don’t think that a successful trader must be an educated trader. Because of it personally many people whom I know they have little idea and knowledge about trading. But they can also make a good amount of profit from trading. So in this case why education is a must?
Education and trading is two different sides.These cant be compare. If you know to read, write and operate a computer you can earn money by doing trading. But the most important thing is earn profit. It is totally different. It depends on your analysis. If you are good at analyzing you can earn huge profit. Although you have more degree you cant earn money.
More over that trader should have a experience about the trading. Nothing is powerful than this.It is the most important thing in the trading strategy. Education is not need much. Just your assumption power is need.
More over that trader should have a experience about the trading. Nothing is powerful than this.It is the most important thing in the trading strategy. Education is not need much. Just your assumption power is need.
You are right that education and trading is both different sides but you need to be educated on cryptocurrency and the market in order to determine if you will be earning profit or not.
Education and trading is two different sides.These cant be compare. If you know to read, write and operate a computer you can earn money by doing trading. But the most important thing is earn profit. It is totally different. It depends on your analysis. If you are good at analyzing you can earn huge profit. Although you have more degree you cant earn money.
More over that trader should have a experience about the trading. Nothing is powerful than this.It is the most important thing in the trading strategy. Education is not need much. Just your assumption power is need.
More over that trader should have a experience about the trading. Nothing is powerful than this.It is the most important thing in the trading strategy. Education is not need much. Just your assumption power is need.
in my opinion it is more appropriate to say that a successful trader is a trader who has a lot of experience, with so much experience, he already has many lessons that form a person who has been educated through experience.
not easy to be a trader, one way to become an educated trader is to seek more knowledge by frequently reading and discussing with more experienced people.
not easy to be a trader, one way to become an educated trader is to seek more knowledge by frequently reading and discussing with more experienced people.
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