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Topic: A successful trader must be an educated trader? - page 10. (Read 2491 times)

full member
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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?
The secret formula to become a successful trader is discipline and have control over yourself. Do think if all the intelligence is the key. Now we have a lot of people become successful in making money on the trading. It is not only mean that we need to be an educated trader to become a successful trader. It should be both educated trader with the self-discipline. We cannot be a success if we don’t have the two keys.
full member
Activity: 1708
Merit: 126
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?


Education and deeper understanding is a must in this business. There are parts and aspects of crypto that would be needing enough knowledge as well. We might not need a degree here but we need enough education to cope up and adopt all the changes that we might encounter here.
hero member
Activity: 1008
Merit: 533
yes education is important if you know financial items, paremeters and indicators they can really help you. but for crypto market they dont work pretty well. because there are so many manipulations going on here. experience is more important than education here.
newbie
Activity: 98
Merit: 0
It is very important for all trader to be educated is an advantage and going to help slots when trading.
sr. member
Activity: 812
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Of course, a successful trader would have to be an educated person because how would you know the mechanics of trading if you barely know the real deal. You have to have knowledge about cryptocurrencies and trading itself to work harmoniously when you do invest your money or else all will be worth nothing.
member
Activity: 104
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CryptoCurrency
I think to be succesful trader we don't nees to be educated trader, because the main thing on trading that you need is experience. You must believe on your trading experience, in trading the lucky also needed, but if you have done all of your effort then you just need to wait for lucky. Educated trader not certainly always gain profit.
newbie
Activity: 56
Merit: 0
You are right where there are traders which doesnt even know on what are the technical terms and on how to use it but they do able to manage to make money.We do have different ways on how we gonna engage with trading but having knowledge would really be always an advantage but as i said earlier there are instances on where theres a certain person who are born to be a trader not only because his educated but rather do have the skills within him. Embarrassed
full member
Activity: 528
Merit: 100
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?
You can considered yourself as a successful trader if you fully understand the trading of cryptocurrency. You should be able controo your emotion that can prevent you from panicking.
hero member
Activity: 700
Merit: 553
Yes a educated trader must be success cause of he knowledge about trade and understanding about any movement on trade. His basic knowledge is fast and he can any risky decision for trade.
hero member
Activity: 1008
Merit: 501
No I'm not agree that every successful trader is educated.I have a few friends that use trading and he/she is already successful trader now.but he/she is not educated person.maybe other people is educated and being successful traders.

High level of education will become a good thing for traders. But since there is no formula to be able to get steady income, high degree of education isn't the only thing to be able to be a successful traders.
You right high eduaction will probably give you additional positives to increase the likelihood of profit. but that doesn't mean profit is generated only from high education only. many traders do not go to college. like my friend but he is very smart in trading strategies. and generate huge profits
member
Activity: 462
Merit: 10
To become pro trader is not easy so that why we need education how to analysis the market by technical and fundamental analysis. Without education we dont have any chance to make profit, knowledge and skill is must be when we are want to make profit in high volatility of market.
legendary
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Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
No I'm not agree that every successful trader is educated.I have a few friends that use trading and he/she is already successful trader now.but he/she is not educated person.maybe other people is educated and being successful traders.

High level of education will become a good thing for traders. But since there is no formula to be able to get steady income, high degree of education isn't the only thing to be able to be a successful traders.
Yes, and that means that a successful trader is not necessarily an educated trader, they are people without training, what they have is experience and intuition developed over time, with them, charts and analysis are meaningless, they only choose to focus on the simplest and easiest way to invest. In combination with natural luck, they are successful traders without education, however, also because the lack of knowledge, they are often very easy to panic and lack sophistication in many situation, in the long term, they will not be able to achieve greater success

I quite misunderstood it. In crypto if they are the one without a good knowledge, understanding and patience he can never be successful and with that he's not educated trader. With the line you say charts and analysis is meaningless YES, it occurs to some people whobis only investing but in panic and not knowing to sell will not become a successful trader. I donot believe that there is a successful trader without proper knowledge in trading.
hero member
Activity: 1400
Merit: 501
Vave.com - Crypto Casino
No I'm not agree that every successful trader is educated.I have a few friends that use trading and he/she is already successful trader now.but he/she is not educated person.maybe other people is educated and being successful traders.

High level of education will become a good thing for traders. But since there is no formula to be able to get steady income, high degree of education isn't the only thing to be able to be a successful traders.
Yes, and that means that a successful trader is not necessarily an educated trader, they are people without training, what they have is experience and intuition developed over time, with them, charts and analysis are meaningless, they only choose to focus on the simplest and easiest way to invest. In combination with natural luck, they are successful traders without education, however, also because the lack of knowledge, they are often very easy to panic and lack sophistication in many situation, in the long term, they will not be able to achieve greater success
sr. member
Activity: 476
Merit: 250
No I'm not agree that every successful trader is educated.I have a few friends that use trading and he/she is already successful trader now.but he/she is not educated person.maybe other people is educated and being successful traders.

High level of education will become a good thing for traders. But since there is no formula to be able to get steady income, high degree of education isn't the only thing to be able to be a successful traders.
member
Activity: 243
Merit: 10
No I'm not agree that every successful trader is educated.I have a few friends that use trading and he/she is already successful trader now.but he/she is not educated person.maybe other people is educated and being successful traders.
newbie
Activity: 182
Merit: 0
That's just an opinion, but in my opinion, to be successful you may be brave enough to experience your fellow billionaires who are not necessarily well-trained they know how to get rich.
legendary
Activity: 1110
Merit: 1000
I don’t think so it requires to be educated one, but at least you have the basic education attained, what is important most of all is you have learned enough knowledge on how to trade wisely, it is important that you have understand well the right method and techniques in trading, and not only that it is important also that you are emotionally strong and ready. In fact, i knew some kids who is very good in trading, therefore no age and education requirement. Just learn how to... and that’s it!
Actually when we talked up about educated all I have in mind is that having a knowledge though basic knowledge buy atleast has a knowledgeable and not necessarily having a certificate or any documents that prove that you are an educated trader. Having a knowledge regarding trading and about cryptocurrency for me is already enough.
full member
Activity: 462
Merit: 100
There are many trading strategies available. You may choose to become a scalper, a swing trader, or a positional trader. What's more important, however, is to develop a strategy that you feel comfortable using.
Although education is necessary for trading, but there are so many other factors which can affect your trading performance, if you have good trading skill and having good experience in trading it can in fact increase your chances to make money from trading.
newbie
Activity: 158
Merit: 0
Education is essential and I think having the knowledge about trading is an advantage. Trading needs skills and education inorder for you to understand cryptocurrency trading well because how can you reach your goal and trade successfully if you did not have any knowledge about it at all.
hero member
Activity: 2926
Merit: 636
For campaign management look for Little Mouse!
It is very good when the trader is educated. But this is a crypto market, it is very volatile and unpredictable. I believe that classical technical analysis does not work in cryptocurrency.
For me it is true that a successful trader must be educated because when a trader is not educated on the market and on the all crypto i dont think that they will became successful in trading world so my advice all the trader should first study all the crypto that have a future.
Education is everywhere and crypto is in the internet so we can also get that education here in the internet.
Educations come with experience and learning on that experience, once we matured, we will then have a chance to be profitable
and we will surely enjoy the life of a trader as there is no limit in terms of earning here.
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