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Topic: A successful trader must be an educated trader? - page 13. (Read 2491 times)

member
Activity: 140
Merit: 10
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
newbie
Activity: 95
Merit: 0

It seems to me that the meaning of a trader's job is to buy cheaper - to sell more. In my opinion, this may seem like an easy matter, but it's very hardworking and you have to be a very close person.
newbie
Activity: 95
Merit: 0
Mнe кaжeтcя чтo cмыcл paбoты тpeйдepa зaключaeтcя   кyпить дeшeвлe – пpoдaть дopoжe.  Ha мoй взгляд этo мoжeт пoкaзaтьcя лeгким дeлoм нo этo oчeнь тpyдoлюбнo и нyжнo быть oчeнь cмыкaлиcтым чeлoвeкoм.
full member
Activity: 406
Merit: 106
That  no compulsory I am not much educated but I am doing good in trading. I will rephrase your sentence with just one word. "A Successful Trader Must Be An Experienced Trader" If yo have an experience you are successful here.
newbie
Activity: 55
Merit: 0
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.
member
Activity: 308
Merit: 10
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?

Obviously yes, there are a lot of professional traders today in the market who are earning a huge amount of profit because they know how to trade correctly like waiting for the price to pump before selling and holding their coins while taking the pressure in the market.
jr. member
Activity: 112
Merit: 1
How to become successful in trading without a good knowledge of currency trading cryptocurrancy which means you have to be an educated trader to make you a successful trader in kriptocurrancy currency. Analysis of the technical and fundamental aspects of the market is critical to the success of the trader. You obviously can not trade according to news and analysis and other people's predictions in the long run so you have to be educated or educated on your own.
legendary
Activity: 1162
Merit: 1000
Complete agree.  90% of traders lose only because they are not educated enough to estimate appropriate financial risks and due to a lack of studying
newbie
Activity: 130
Merit: 0
We all are not perfect peoples, day to day learning life, if you have goal, when how to you reach it. Firstly subject fully study with the proper practical situations. Market analyzing information collection. chase the new trends, those are the basic requirements.
member
Activity: 171
Merit: 10
The cryptocurrency market does not obey the general economic laws. Here the speculators are in charge, so the analysis of charts, tables, etc. can not give you an advantage. Trading on the cryptomarket is more like a game in a casino.
sr. member
Activity: 798
Merit: 253
Not really 100% true, but you have to study first. Also, other skills like capital management, reading news, no fomo, etc are also important.
it is true only educated person can read capital management .news they read the market and value about the coin and then invest their money in that coins. now when new coin released they right their white paper the whitepaper can read educated investors. and uneducated traders didnot know about the value of coin and didn't know about the news of market that's why they often face loss in investment.
I do not really agree with this statement of yours. Education is not the very basic requirement for being a successful trader. Even if you are not a Harvard Graduate, you can still be a good trader provided you know something about the technology and the market behavior. Having basic knowledge of these things can also be obtained from Google or YouTube so you do not need to go to universities as well. It is all about dealing the market in your precise way.
full member
Activity: 334
Merit: 102
Trader must be educated, intellectual and he should crave for new knowledge, because the more you know, the more dependences you see on the market. That helps to achieve big accuracy of forecasts.
I really agree that to became a successful trader all trader must be educated in trading world because a trader will not became successful if they just have a poor knowledge about crypocurrency, and to became successful all people need to be smart.
full member
Activity: 406
Merit: 110
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.
newbie
Activity: 55
Merit: 0
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.
jr. member
Activity: 378
Merit: 3
Trading is time to time learning experience we should keep learning as long as we trade the financial markets we cant say i learned everything i am capable to trade
member
Activity: 364
Merit: 10
BitSong is a decentralized music streaming platfor
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?
Educate? I thing the right world is learn. I see educate is more formal and maybe mean it need the real place that educate some topik like trader, but it never happent. I think more trader has learn for them self with read some many book, wathcing youtube tutorial and practice their tutorials. Maybe some has a friend or community to discuss about trade trick and market.

Good words. If you wish to become a very good and very successful trader, you should study the market and learn about the crypto all the time - it will take much time.
If there is a desire to learn and there is no fear of making mistakes - then everything will be fine in the trade. There is nothing difficult in the trade. Cool Even adolescents can successfully trade.
sr. member
Activity: 2044
Merit: 323
To make a successful transaction you must first be knowledgeable. Ie must have dominate knowledge, must be educated. Do not open a deal if you have no idea when to close it with losses and when to lock in profits. If you do not understand what "lock" is not using it.
It is very common just like traditional businesses, if you have no knowledge then you can not perform any business and this is true because business everywhere with anything needs high or enough knowledge. It is the same in crypto market; you need to educate yourself with enough knowledge to understand the ways in trading processes so that you may survive in trading.
Just using the indicators, theories, patterns could not the procedure of getting a successful trader. If you want to succeed as a trader, must develop a strategy of your own. By using working trading strategy, tips and tricks may helps you survive in trading.
sr. member
Activity: 734
Merit: 250
Not really 100% true, but you have to study first. Also, other skills like capital management, reading news, no fomo, etc are also important.
Yes these things are more important for to be a successful trader but we also have not to forget that these qualities often come to appear in the educated people. The can read the charts and can study well about the trade in which they are involved. These are educated people who do not follow the bad news and do not follow the false prediction but they do their own search and with that they remain secured.
newbie
Activity: 129
Merit: 0
No you don't need to. I know many successful traders who just learn from the past movement of the market and predict exactly what the future trends are
sr. member
Activity: 742
Merit: 251
Not really 100% true, but you have to study first. Also, other skills like capital management, reading news, no fomo, etc are also important.
it is true only educated person can read capital management .news they read the market and value about the coin and then invest their money in that coins. now when new coin released they right their white paper the whitepaper can read educated investors. and uneducated traders didnot know about the value of coin and didn't know about the news of market that's why they often face loss in investment.
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