A successful trader must be an educated trader? - page 11.

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Quote from: richan on May 06, 2018, 09:09:40 AM

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?

Not entirely true, if this was the case we would have had a lot of millionaires around the world,

but because the future can not be predicted with mathematics or science its anybody's guess of what happens next

that's why instead of saying "A successful trader must be an educated trader," I think it should be an experienced trader is a successful trader Roll Eyes

Chooroz

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Quote from: DumbLefty on June 12, 2018, 02:47:38 AM

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.

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Quote from: rainezerr on June 14, 2018, 04:35:08 PM

Quote from: richan on May 06, 2018, 09:09:40 AM

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?

In my own opinion, those people who are only losing a huge amount of profit in the market are the ones who are not well knowledgeable about how the market works and because of that, they just tend to invest whenever theres a hype in the market.

Yes I also of the opinion that people who are not educated or who do not know about the trading of cryptocurrencies often lose all of their money in trading while the educated people who get enough knowledge about the market and about the cryptocurrency in which they are doing trade will get a good profit and they will not lose but will get the profit.

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Quote from: logicgate on June 15, 2018, 04:57:09 PM

Quote from: gussupri on June 11, 2018, 11:56:16 PM

Quote from: ruski on June 11, 2018, 11:47:14 PM

Surely a successful trader must be an educated trader, because the knowledge is really required for trading crypto currencies successfully and to avoid the biggest mistakes, and minimizing the risks of losing.
Without good knowledge, the trader will risk his hard earned money and it will lead him to big loses usually.

to open buy order we neeed to analize chart or fundamental news. and it need our knowledge to able to do this.without education we will not gain profit and money from our invesment.

In order to know about the tricks and ways involving in trading goes smoothly, we need to educate ourselves about it first. Without the market knowledge one can not succeed so it is necessary to educate first after which we will be able to know how to surf. Remember that learn first, if you do not have the knowledge of market and enter into the market then you will soon meet with loss and problems.

Yes you are right they need to educate their self in order to become a better trader because that is the only way you can be successful in this industry, trading will be very profitable for you if you know how to sell your coins at the right time so you should always read speculations and articles in order to determine on what will happen in the future.

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Quote from: gussupri on June 11, 2018, 11:56:16 PM

Quote from: ruski on June 11, 2018, 11:47:14 PM

Surely a successful trader must be an educated trader, because the knowledge is really required for trading crypto currencies successfully and to avoid the biggest mistakes, and minimizing the risks of losing.
Without good knowledge, the trader will risk his hard earned money and it will lead him to big loses usually.

to open buy order we neeed to analize chart or fundamental news. and it need our knowledge to able to do this.without education we will not gain profit and money from our invesment.

In order to know about the tricks and ways involving in trading goes smoothly, we need to educate ourselves about it first. Without the market knowledge one can not succeed so it is necessary to educate first after which we will be able to know how to surf. Remember that learn first, if you do not have the knowledge of market and enter into the market then you will soon meet with loss and problems.

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Relevant education is needed to be successful in trading. You can seem to be a good trader and yet lack some key trading skills that can only be learned through books and websites that teach these skills with some precision.

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by educated you mean intellectual or just educated? i just wanna say that it`s possible to be successfull in trading with patience and attentiveness only. Even education doesnt matter

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Quote from: richan on May 06, 2018, 09:09:40 AM

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?

For me not based on educated to be a successful trader. But it depends on how you pursue yourself to learn how to trade. Because my daughter is just patiently search how to trade and I saw she has the very good future in trading if she continually search about trading. Because l saw her friends now succeed on trading.

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Quote from: richan on May 06, 2018, 09:09:40 AM

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?

For me is no because my cousin is did not educated in trading but she just search in her way home to become a good and successful trader .

Red Fish

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Yes, this is main thing for any trader. From experience you can get good profit from trade. It is vary hard to start trade without deep market knowledge, which can take up to several months or even more. Wink

Prodigye

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I absolutely agree, a trader without due diligence will certainly fail. Only an educated trader can succeed over the long term.

gsingh

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It all depends on the way that you use to trade, if you are not experienced enough, you are not going to go anywhere with your trading methods, that is why you need to have experience

Uno17

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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!

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Quote from: richan on May 06, 2018, 09:09:40 AM

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?

In my own opinion, those people who are only losing a huge amount of profit in the market are the ones who are not well knowledgeable about how the market works and because of that, they just tend to invest whenever theres a hype in the market.

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it' s right becasue eduator investors read about all the market and situation before their investment. they read news and update and learnt tricks of investment and trade that's why we can say in trade only educators peoples can success and get highest profit.

KarinaChernyav

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My opinion is people who have not received formal education. Well, there was life! But these people learned from life itself and if they were brought up in difficult life situations, then their life taught them to survive better than this or that university. So it becomes possible to become a good trader and learn where it is mistaken and where to cut it off.

rainezerr401

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Quote from: richan on May 06, 2018, 09:09:40 AM

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?

yes everyone who are planning to invest a huge amount or become a trader should be very knowledgeable about how the market works because in this way you will be going to determine if you are capable of trading or not because the market is unpredictable due to its volatility.

cryptoasis

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No matter how much theoretical studies you have done on trading, without exposure to real world of trading for a good amount of time, I don't think you can be a successful trader. So, experience is equally, but I would say more, needed to be a good trader.

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Quote from: richan on May 06, 2018, 09:09:40 AM

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?

Yes of course, A successful trader must be an educated in the sense of trading. Because not all well educated people can be a efficient trader, unless or until they have well wise knowledge about the crypto world.

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Quote from: kidamazo on June 14, 2018, 09:17:32 AM

Indeed he must be, otherwise it would be, sometimes lucky trader, but the most cases he would be the dead trader, who would loose everything, if relying only on his luck and sense.

A successful trader must be an educated trader and I add... must be an informed trader too.In this age, information is important. You must be aware of whats happening also, be updated as this news can be part of your fundamental analysis. FUD, hype or not, this will be considered.

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