A successful trader must be an educated trader? - page 20.

asyakashi

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Quote from: almersyn on May 31, 2018, 03:03:51 AM

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 I strongly agree with your opinion. Without education a trader can not read charts and analyze things. Because of our learning will make us smarter and can analyze. Without education we will even be caught in ignorance

In fact, successful traders do not graduate from school, not even university graduates.
they gain knowledge from experience and learn on their own.
I do not think it matters.

RiskySanchez

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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?

I don't think so, trader must be more than educated, trader must dare to act and do not hesitate to take risks because crypto currency value is not known but 1 thing that trader must have feeling on every strategy to be taken

futureofeth

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All people cannot become rich in trading because there are different kind of people some people like day trading and some people like holding the coins. So all of them will learn through educating them selves and through experience they may become professional.

ToyotaFortuner

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

iqlimasyadiqa

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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?

Educated in the sense that a trader must have a lot of knowledge and also experience. Because it will greatly help a trader to analyze and then make a good decision. Trading is a job that requires precision because without it then we will only get failure.

ausbit

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Quote from: budakjawa on May 29, 2018, 04:51:51 AM

should be like that which has become successful when trading should be able to educate the new players but I see not everything like that.

It is very hard to do that. People are not mostly welcoming the questions of others and they hesitate to answer them. This is big dilemma of our society that we don’t share information. We might think that people may conceal information from us and they become more successful than us. But this is biggest problem of the time. We need to share and help others and doing community work.

almersyn

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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 I strongly agree with your opinion. Without education a trader can not read charts and analyze things. Because of our learning will make us smarter and can analyze. Without education we will even be caught in ignorance

yodomaster

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an educated and successful trader should be regards as a person understand the market what he is doing investment on. He or she might not received any direct education on investment or finance field, but at long at he has experience on trading, and sufficient analysis on when and how to trade on, he is already a successful trader in the market. Yet, educated trader does not directly mean he is successful if you want to say successful means always making right analysis, investment, sometimes we do not know any unpredictable events occur. I think you may say a successful trader must be experienced.

sana54210

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Quote from: Shadon24 on May 27, 2018, 12:45:18 PM

Quote from: tambok on May 06, 2018, 12:43:44 PM

At some point if you are an educated trader it could be your advantage, but there are some people who are actually becoming successful for working hard seeing the chart, self educating their selves, so in trading there is no assurance of everything for as long as you are willing to take risks.

I think it is not true that if you are not educated you can train yourself to accumulate personal experience as well as learn we believe experience will teach you many things like you have studied and educated

Trading is a practical stuff. Even if someone reads many articles regarding this profession, he won’t grab the real idea until he practically performs it. But a person with zero learning cannot be equal to someone who has spent nights in getting strategies of this profession.

Like a doctor or an engineer needs to educate himself before attaining skills of a specific profession, a trader must have some idea of his profession too before he applies his knowledge.

pelipurlara

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I think this is a strategy how to do tranding correctly and true because being a trader is not easy and must have a high intelligence. and this is not an option you want to comment on

rapperug92

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Quote from: CryptAssist on May 18, 2018, 04:37:15 AM

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! there are so many decisions to be made. It seems to me, the one's who don't do their research, are called "the weak hands".

I don’t think so. there are good people too and most of the learning is supposed to be done by the trader himself or you can say, all they can do is give advice but following that advice does not comes into his duty. Newbies should educate themselves to win in trading and minimize losses like falling into a trap of buying a coin during hype and avoid panic selling

beverly788113

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Quote from: cryptobluemoon on May 16, 2018, 04:41:47 PM

trading is day to day learning activity we should learn the skills and apply the skills at the same time and wait for right market movements to take profits

Indeed as experience is essential to be a good trader. Yes being well educated will help you a lot in trading but this doesn't make sense if you don't put into reality and exercise it to gain experience. You all must know without knowledge there is nothing. Really I have been listening this thing since my childhood not related to bitcoins specifically but with the whole scenario of my life

think3214

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Quote from: Ehilamale on May 25, 2018, 06:26:22 AM

Because if a person does not understand what he is doing, he will not be able to take money from anyone, but only give his own.

It is not necessary to be an educated trader just to earn in the market. In fact, we can earn tokens without any knowledge in technical analysis. But it is good enough to have knowledge in order for us not to lose a lot. Trading is not stable as it was very volatile and it can't be called as job. Youbare not working for anyone or to your boss

Pattart

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Quote from: ici_lemmy on May 28, 2018, 03:15:15 AM

I do not think that only educated trade will succeed but of course they can get more money than normal traders. trading without knowledge is gambling.

I think of course there is a difference of perspective and how to determine the choice between a regular trader with an educated trader. You are right that knowledge takes a very important role to trade. without knowledge of course it will be called gambling because you just rely on luck. for me the most important in trading is the first knowledge, analytical skills, and long experience in trading. it will benefit you in trade

macchiato

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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?

Of course. You should know what you are doing so that there will be less mistakes. At least know its basics so that you will know what to do. From that knowledge, create your own experiences. Mistakes will always be there but if you have knowledge about what you are plunging into then the mistake will be less painful.

ModGirl

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Quote from: budakjawa on May 29, 2018, 04:51:51 AM

should be like that which has become successful when trading should be able to educate the new players but I see not everything like that.

For me both are important I want to be educated and want to learn everything about bitcoin trading, education mattes because it will help you know right time to buy and to sell, but I think education is not compulsory but you will have to manage it , with time and education spend your time with bitcoin so that you will able to learn more than being educated through your experience and practice.

automaticmoney

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learning in trading is very much necessary and we need to learn from mistakes and market and technical understanding

ahoenk

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I am not agree with this statement. A successfull trader is trader with more experience. Educated trader without experience will be sink. But experience trader mist be educated ans succeed. The most important thing is when experience trader enter market they really know what to do when they make mistake in taking position and can manage risk.

TheDarkRide

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Quote from: Arwinkim on May 29, 2018, 07:16:59 AM

Nothing success things can be achieved without being educated in the field. To be successful, you can learn it by joining formal training or being self-educated by providing knowledge and materials for yourself. When you are determined to learn trading, time will tell that you will be a successful trader because you know what to do to make profit.

Education indeed very important at every aspects but it will be perfect if we combine it with experience. And this cojld be applied to trading also.

crisanto01

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Quote from: korong ajem on May 29, 2018, 11:39:12 AM

you are really a successful trader must be an educated trader but there is one thing that is also very important in trading that is patience, so I think a successful trader must be an educated and patience trader

That is right, you must need to educate yourself in trading before entering it, don't be too much excited to invest, it should take time in doing it, remember some rules and educate yourself from it, start with a low capital and enjoy and focus in trading.

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