A successful trader must be an educated trader? - page 12.

Soots

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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.

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.

Well a successful trader is also a educated trader its partly true but I think some successful traders are also a experienced traders. They are wise and smart enough to understand the trend of trading. Sometimes success is came from those we do not expect to have it.
Experiences are the good teachers and we learned so much from our bad and good experiences.

anavir

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Educated as professional is not necessary because their are a lot who are intelligent but are not able to finished their studies because of financial problem.But if you mean a person who educate himself to be knowledgeable of what they want to like investing in bitcoin i should say yes, because you will just loose your money if you engaged in something like for example trading bitcoin if you don't how to trade.

kidamazo

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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.

gurang

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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?

A successful entrepreneur should be an educated businessman? we can say that a successful entrepreneur is an educated person if his work is clean and does not do badly at every step of it, if he does it in a clean way he is called a clean businessman

katiecbell

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Quote from: Potatohead on June 11, 2018, 12:26:18 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?

As for me , having a good education that is enough to understand all the transactions here in crypto would be helpful for us to obtain and gain a good earnings that is a platform for us to have a sustainable life. Having a degree is not a requirement as long as we have the skills to do different tasks here.

Yeah man, you need to do something in the market which will require your knowledge and your every decision will require your knowledge so enter into the market with knowledge other wise you will be busted.

Now enter into the market if you did not, this low market is favorable for buyers as the market value these days is 6.7k dollar today and this is seeming the lowest price of Bitcoin.

trickyriky

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Quote from: biboy on June 08, 2018, 06:17:42 PM

Quote from: reddev81 on June 08, 2018, 05:27:34 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?

Of course, if you don't do your research then you're just making a lucky bet.
Even when you lose money you learn.
People that don't learn from their mistakes, lose money very fast in crypto trading.

In all aspect we need to educate ourselves, we should not enter into a business or a certain thing that we don't know much of it, we have to learn about it first or else we will lose some part of it. But at some point, experience still the greatest teacher, so we need to have experience in ourselves.

You do not have to have a special education connected with trading and finances. You need to have a great desire to work, and the time is always needed as well.

Xenrise

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Of course. Why is a simple person trade if he or she is non educated in trading? This is one of the common mistake of people. They are trading to the extent but they don't know much of it. The ending is a loss.

DumbLefty

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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.

@theman

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Yes, this is so only an educated person who knows how to conduct technical analysis can call himself a trader. All other players are in the casino.

gussupri

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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.

ruski

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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.

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For campaign management look for Little Mouse!

Quote from: Potatohead on June 11, 2018, 12:26:18 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?

As for me , having a good education that is enough to understand all the transactions here in crypto would be helpful for us to obtain and gain a good earnings that is a platform for us to have a sustainable life. Having a degree is not a requirement as long as we have the skills to do different tasks here.

In crypto we educate ourselves, and if our reference is good then for sure we will improve as a trader.
The risk is high because it's a non regulated market, so it's a mind game here, those who are smart and risk takers can take advantage of the opportunity.

Lauff

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should be able to give lessons to new players and can enjoy the benefits as well, but many are not like that. And it should be like that, anyone who can get rich from trading should be able to educate new players

Potatohead

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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?

As for me , having a good education that is enough to understand all the transactions here in crypto would be helpful for us to obtain and gain a good earnings that is a platform for us to have a sustainable life. Having a degree is not a requirement as long as we have the skills to do different tasks here.

feifei001

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I think a good education will help facilitate the transaction, but it is not the only factor. Because a good trader must have a good mindset and a keen sense.

abas_ir

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Quote from: shelimy on June 09, 2018, 02:37:02 PM

to start trading and be a good trader should have knowledge about good trading because trading has a high risk, if you do not have it then you can be wrong in taking decisions and losing your money

with our knowledge and skills in trading, we can put buy or sell order at right place.it can avoid suffering big loss.without this skill, better to stay away and dont try to join in this.

untugede

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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?

if I agree, to be a merchant
we must have education and experience in trading, and of course should be able to analyze the coins in the market well, many people say that being a trader is boring, because they have to do research and see the movement of coin prices in the market, but to me it's fun, although sometimes I make the mistake of making a decision that makes me lose, a trader who has no education and experience in their trade will find it difficult to achieve success.

SkustaClee

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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?

We cannot become successful trader if our knowledge is still not enough. It is the reason why I keep researching for me to become more knowledgeable person. I can ensure that I can become successful trader by improving my skills and knowledge.

reddev81

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Quote from: wxxyrqa on June 09, 2018, 02:37:31 PM

In any case, experience only comes with practice, even if you know a lot of information and different nuances about investment. many professionals already intuitively can determine worthy projects and at the same time their blunder can be only 1 or 2%. it's all thanks to experience.

That's pure knowledge, the most experienced individuals don't rely on intuition.

wxxyrqa

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Quote from: reddev81 on June 09, 2018, 02:15:12 PM

Quote from: biboy on June 08, 2018, 06:17:42 PM

In all aspect we need to educate ourselves, we should not enter into a business or a certain thing that we don't know much of it, we have to learn about it first or else we will lose some part of it. But at some point, experience still the greatest teacher, so we need to have experience in ourselves.

Yeah, experience is the key in trading. Knowledge and intuition are important but experience is paramount.

In any case, experience only comes with practice, even if you know a lot of information and different nuances about investment. many professionals already intuitively can determine worthy projects and at the same time their blunder can be only 1 or 2%. it's all thanks to experience.

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