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Topic: A successful trader must be an educated trader? - page 25. (Read 2491 times)

member
Activity: 140
Merit: 12
I am 100% agreed with he statement people think that trading is as easy as buy low sell high which is utterly wrong  because you if you dont have command on the trading knowledge you can win few trades but not for a long time. trading is like an education you need to educate yourself before investing
full member
Activity: 462
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?
I perfectly agreed on this,educated in the sense of education in trading,not education in school because even how bright and highly honored student you are,the fundamentals of trading here in crypto is very difficult to learn while the volatility of cryptocurrency is the reason for this hardship.

Thats why many of aspiring traders fails when they enter tradin because of lacking from knowledge about ins and outs of crypto coins
sr. member
Activity: 750
Merit: 258
Yes, a successful trader must be an educated trader because this is will be youre the foundation in this business that can lead you to be one of the successful traders in this industry.
In this point, we have to consider luck as a factor which can change everything with a blink of an eye. Even when you are well educated who has a lot of knowledge and experience in trading, you can lose if you do not own any luck. And in contrast, a noob trader can become rich if he is rich enough
full member
Activity: 406
Merit: 101
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".
There is a solid difference between being an educated person and a learned trader. Education is good thing for a trader to know everything so easily. But yes, we can’t just make it compulsory for a trader to become educated. Three are so many people who have succeeded in their lives even they aren’t educated at all. They think of something and just do that and earn big money.
full member
Activity: 350
Merit: 100
Yes, a successful trader must be an educated trader because this is will be youre the foundation in this business that can lead you to be one of the successful traders in this industry.
copper member
Activity: 672
Merit: 270
You must always remember that 90% of traders lose. Maybe due to a lack of studying and preparation. One of the most telltale signs of a good trader is the desire to continue improving and then doing what’s required.
I really agree that knowledge is a must when you're about to enter the world of trading. You would only ended up losing all your savings and coins if you're just take the risks without knowledge. Though yes we are keep in mind that this investment or job is risky but of course if you're going to tkae the risks make sure that you have your weapon to defend your savings from being lose.
sr. member
Activity: 574
Merit: 250
You must always remember that 90% of traders lose. Maybe due to a lack of studying and preparation. One of the most telltale signs of a good trader is the desire to continue improving and then doing what’s required.
member
Activity: 224
Merit: 10
That not 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 you have an experience you are successful here.
full member
Activity: 308
Merit: 101
      It is true that education is a must for everything we do specially like we did in crypto world that includes trading and investing. But i think also that a successful trader not just educated but well experience in trading industry. we can say that the trader is successful if they gain more profit and minimize losses,because those educated in trading are not all successful,some of them has a big losses than profit. Experience with learning and knowledge is the way to success in doing trading.
That is really good to see you saying this. Well trading have good number of successful stories than investing and gambling. Gambling is the worst but yes investment is better than gambling. Trading and investing have got better results because they aren’t only dependent on luck. If someone has got enough knowledge and skill of them, he can perform better in the field.
full member
Activity: 490
Merit: 100
You cannot apply anything appropriately if you do not know so much about it. Trading does not only involves technicality but you need to make your own strategies depending on the mood of the market and always adapt to what's new.
member
Activity: 476
Merit: 10
Yes offcource, before jump in to high risk of trading activity, all trader should be get education  how to make profit consistent  with lower risk, and to understand  price action of crypto.  Every  trader should learn it from other experienced  trader and join trading course.  Never jump in to trading Activity  before have skill and knowledge  how to trading right.
newbie
Activity: 210
Merit: 0
Yes, I am not really that big and successful trader, but in my own experience, what is important in the cryptocurrency world is that before investing your money, invest yourself first. You have to be an educated trader before putting your money at stake. You have to invest your time first to study and learn the basic of crypto trading so that by the time you start trading and handling your money, you know what to do to gain profit and make your decisions in trading more precised and more accurate.
newbie
Activity: 30
Merit: 0
Trade daily to earn knowledge. All businesspeople and successful people who are interested in and who are actually interested in Ph.D. help in getting a lot of experience in having a daily business. It is said to be educated. It is a lot of courage to take on a businessman who is able to earn profitable income with a specific skill to meet his dreams in life.
sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
More than 90% successful traders been educated and without learning, trading become a gamble. Wining few times in trading without learning, that is lucky and those profit money can go anytimes.
hero member
Activity: 1190
Merit: 500
Some do not have an in-born trading skills which they need to earn in order to be in the trading field so some need to educate themselves to know that skills and to be one of those pros and learn many strategies and techniques to earn big profit.
Of course skill in the trade does not directly exist naturally but sharpened and educated by continuing to learn and try. so your skills in trade will be great. but the skill gained does not educate from formal school. you can just learn self-taught by reading various articles and forums and keep trying
full member
Activity: 462
Merit: 100
MYCRYPTOBANK.IO
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 I seen many professional traders start from zero and they weren't always that good in math, economic, and calculus.
So I think a best trader not always come from the educated person, And experience is what all we need in trading to get the good profits.
sr. member
Activity: 532
Merit: 255
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 think a successful trader is a trader who wants to learn to understand the trends that occur of course with a persistence, because by doing that way can educate ourselves and the last is a lot of capital.
newbie
Activity: 182
Merit: 0
Knowing English and mathematics is required before starting trading because these 2 are the important thing to know before trading if your English is bad you can not follow the news and all and if maths is bad you will not be able to calculate your profits and loss.
sr. member
Activity: 774
Merit: 250
Must be educated for trading. It has to be said, education is the backbone of the nation. Just like the backbone of trading, it is said to be educated. An uneducated person will never be able to trade well, because there is no knowledge about his trading. Educating is very important for successful trading.
Without knowledge at all in crypto definitely no gain no money. It is important that a person must be educated and knowledgeable in every aspects in trading to be successful.
sr. member
Activity: 672
Merit: 250
Yes, of course, a successful trader must be an educated trader because if you are going to start a business like this and you have no background and enough knowledge about this business do you think you will be a successful trader  in this industry so thats the reason why.

Trading in schools isn't a subject for every students, then why we need to be educated? More traders who been successful hasn't finished their college degree most of them including the person I've known personally was an engineer, but don't work according to their field. Right now they're not a successful engineer of whatsoever, but a trader who earns profitable income with a definite skills to fulfill his dreams in life. If we study in school it was only for theoritical aspects with academics, but if we talk about cryptocurrency there's no school for that and you only need experience and advice coming from long time traders as your mentor.
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