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Topic: A successful trader must be an educated trader? - page 27. (Read 2561 times)

sr. member
Activity: 1162
Merit: 251
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 do not agree that being educated is a major factor in determining a Trader's success. For me that a trader who has a good level of experience is one that will be successful. Because the more experienced then someone will be more intelligent reading data, analysis, circumstances, situations and also they can make the decision as possible. this is a challenge for a trader, adding hours to fly for a trader is a must. They are being persuaded to become an experience and a skill will help them to become a successful trader. This is a choice and never give up when we fail at the beginning, because failure is a process to success.
Yeah I also agree that educated is not the main factor to be successful in trading, many of my friends who did not finish college but they succeeded in becoming successful from trading, they do is keep learning and always try, experience will make him become more expert and skilled
full member
Activity: 406
Merit: 101
What education do you mean? formal education or trading knowledge?
I think that knowledge is important to learn for a businessman, as well as a trader must know the basic trading in technical and fundamental if you want to succeed. if you only make low purchases and high sales, then what's the difference with gambling?
A trader uses his brain to earn a lot of money and a gambler will just wait his luck. good luck sir.
I would not agree to this statement. There are billionaires who have never been to schools either. The owner of ALIBABA was rejected 10 times by the admin office of the university Harvard. The richest businessman in France dropped out of school in the age of 13. By these facts, I want to say education is not the trick to be a successful businessman is experience and speed of mind.
full member
Activity: 490
Merit: 100
A trader or a successful trader needs to be educated. educated well because without any good education you will lack the knowledge you need when you ate trading.
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. And I came to this decision that yes, without education nothing is possible. It is basically the education of mind. When you completely learn how to differentiate between good and bad.
jr. member
Activity: 364
Merit: 4
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".
newbie
Activity: 1
Merit: 0
Hi All,
I am new hear Smiley I am trading Forex for a few years now, and recently I wanted to start trading on Bitcoin as well. I have been looking for a good broker however most brokers do not offer bitcoin straight trading.
I saw this broker list here https://forexchallenges.com any idea if any of them offer bitcoin?

Any help would be highly appreciated.
Thanks.
Tom
legendary
Activity: 1414
Merit: 1001
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 do not agree that being educated is a major factor in determining a Trader's success. For me that a trader who has a good level of experience is one that will be successful. Because the more experienced then someone will be more intelligent reading data, analysis, circumstances, situations and also they can make the decision as possible. this is a challenge for a trader, adding hours to fly for a trader is a must. They are being persuaded to become an experience and a skill will help them to become a successful trader. This is a choice and never give up when we fail at the beginning, because failure is a process to success.
full member
Activity: 280
Merit: 100
That is absolutely true that in order to become a successful trader you need to be an educated one to have knowledge that necessary  to predict the market's behavior and figure out when is the right time ti buy or sell.
newbie
Activity: 149
Merit: 0
Trader must have a selective education that target it's open trade or his position! The depth of trader's understanding of asset held would determine the outcome that any trader would experience.
being educated are good but this is most common thing to be how are you discipline by this once you are trading let say you have to be educated but you dont have discipline your self for how are you able to handle the chance of while you are in trading.
I disagree to the statement. Though education is important and basic need but a well educated man cannot be always a good trader. Trading is the market game. You need to be able to understand the different phases in the cryptocurrency business and act accordingly to the crash as well as to the boom. Your practical involvement in the business is very important and you can earn only if you pay attention to the market. Education comes latter.
I think the the educated referring here is not about the educational attainment that a person was a meet but rather its a crypto trading education or the knowledge that we have learn including its basic and advance technique about trading.
hero member
Activity: 1610
Merit: 507
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?

It is no all true. I know some traders who actually trade with just a simple knowledge with TA and by just looking at the current event. Being educated in trading is an edge in trading, however, with just a little knowledge you can make successful trades.


yes, I know some of my friends which don't know much about the analysis and what they know is only they need to buy when the price is in red and sell when the price is green. once in a time I am watching their trade with me, I see that they do analyze with simple way which is they only see the line is in red position so they only need to make a buy order because they know that in the few hours, the price will drop too far and they are right. so from this, I don't think that a successful trader must be an educated trader as we know that every people which involve in trading can be a successful trader if he can do the basic things in the trading.
sr. member
Activity: 1722
Merit: 300
Trader must have a selective education that target it's open trade or his position! The depth of trader's understanding of asset held would determine the outcome that any trader would experience.
being educated are good but this is most common thing to be how are you discipline by this once you are trading let say you have to be educated but you dont have discipline your self for how are you able to handle the chance of while you are in trading.
I disagree to the statement. Though education is important and basic need but a well educated man cannot be always a good trader. Trading is the market game. You need to be able to understand the different phases in the cryptocurrency business and act accordingly to the crash as well as to the boom. Your practical involvement in the business is very important and you can earn only if you pay attention to the market. Education comes latter.
full member
Activity: 742
Merit: 100
Of Course, Without Educated Person don’t understand about trading. If you want to professional trader you must need to knowledge about crypto currency otherwise no one can successful trader so if you want to be a successful trader you must need a perfect knowledge about altcoin market. Some people start trading but sometime later when he lose some money and they don’t want to start trading so you must start analysis never retreat. I’m always agree with you.
hero member
Activity: 2366
Merit: 594
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?

It is no all true. I know some traders who actually trade with just a simple knowledge with TA and by just looking at the current event. Being educated in trading is an edge in trading, however, with just a little knowledge you can make successful trades.
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?

Not always like that, if you do some research you'll know most successful trader is not educated person, they only people will faith, simple rules and take challenge as part of risk. The knowledge about trading/ invest is not change but strategy always changed. Have education is important but practice and patience makes perfect. 
But sometimes, experience will educate us further that is why I still believe that experience is the best education that we should have, but we should also have at least the courage and a basic knowledge before entering trading if not then we are just like taking exams without any review or knowledge at all.
newbie
Activity: 84
Merit: 0
There are no successful traders, there are lucky traders who have made few trades yet in order to correct this deviation up.
hero member
Activity: 1316
Merit: 502
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 always like that, if you do some research you'll know most successful trader is not educated person, they only people will faith, simple rules and take challenge as part of risk. The knowledge about trading/ invest is not change but strategy always changed. Have education is important but practice and patience makes perfect.  
I agree with what you say, a successful trader is not always a trained trader or educated, the evidence is clear when many traders are educated but they are never the winners in this game, what they learn is so different from the harsh reality. Trading is a world without absolute and perfect, the education here only gives us an overview and can use many tools to produce high accuracy in predicting but that is not all, this world is very large, every trader will have a strategy and a certain method to make money, that is the experience from reality, education can not teach this
sr. member
Activity: 1680
Merit: 259
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 always like that, if you do some research you'll know most successful trader is not educated person, they only people will faith, simple rules and take challenge as part of risk. The knowledge about trading/ invest is not change but strategy always changed. Have education is important but practice and patience makes perfect. 
member
Activity: 350
Merit: 11
to be honest I have been very successful and able to do traders and can generate profits very much but I do not really like and have no desire to educate and learn new players except my family, I am more concerned with family than others.
this is not an option that you like to comment on but this is a strategy of how to tranding properly and correctly because being a trader is not easy and it must have a high IQ.
hero member
Activity: 700
Merit: 553
I thing,  trader should be educated in order to read charts, also ,you can't trade according to news and other people's analysis and predictions in the long term so you should be educated or educate yourself.
newbie
Activity: 33
Merit: 0
For sure. People saying they know some traders that don't know TA, but are making nice sums of money. Hmmm, in my experience that is only possible in a bull market.
newbie
Activity: 112
Merit: 0
True,a trader must learn and understand before starting trade,if not lossing will be certain, is good to know what you going into
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