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Topic: A successful trader must be an educated trader? - page 34. (Read 2518 times)

newbie
Activity: 224
Merit: 0
I think this is true. certainly in most areas of investment and trade in all occupations. It requires knowledge, ability to learn, effort. Not necessarily knowledge from education will bring success. But when it includes some elements it becomes a unified and complete to create success. In fact, sometimes there are exceptions like genius like Bill Gate. He left the prestigious university to pursue passion. That's just a few. And knowledge and education are still important to forming a successful entrepreneur.
newbie
Activity: 91
Merit: 0
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.
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?


Having enough knowledge about the basics is already given because we won't be able to begin with crypto without enough knowledge about it. To continue doing it successfully, we would be needing simple skills and strategies to gain the target profit that we want. Added with patience and perseverance, we would be gaining better things in the future.
sr. member
Activity: 789
Merit: 243
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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.
hero member
Activity: 1834
Merit: 566
I agree that an educated trader are the successuccessful trader because been successful is the act of been thrive in a business expenditure and the level of information ones acquire determine the level of ones success.
member
Activity: 252
Merit: 10
In trading there is diffetent skill you can use to be more accurate in predicting how was the market will go such as reading candle sticks patterns. So I agree be a successful trader must be an educated. So you can avoid losses on trade without basis.
hero member
Activity: 1139
Merit: 500
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 good but not necessary. I have seen many successful businessmen who are not highly educated. Just literate but many highly educated people work for him. Hard work, loyalty, time, patience and skills are basic things for a successful trader. Luck also a big factor in crypto world. But the main thing is hard work and experience.
I think it depends upon the interest of every individual. I see that there are so many people around become successful in trading even if they didn't even know how to trade. Maybe if we have an interest and do trading and even if we start on low learning as well as we are happy of what we are doing maybe we can really get a learning that can be used on trading in the near future and maybe we can become sucessful if we wanted to. However being educated trader is an advantage and maybe everything may become simple.
Trading is not just about finding the best strategies, and practicing or sticking with it, traders need to develop certain traits and able to impose strategies effeciently. Being an educated trader is very useful and helpful quality  in attaining positive results and is resilient enough to deal failures. It develops the perspective of looking at life and being professionally inclined. Besides, trader should be patient, take discipline as of high regards, and be mentally and emotionally tough. A successful trader is someone who does not let discouragement pull him down, instead finding a way to bounce back from fall. Don't just be hardworker as a trader, be wise.
Being educated has a great role to be a successful trader. It would open doors of becoming more creative and resourceful to decide and acknowledge on difficult situations. Studying the advantages and disadvantages of trading, learning different strategies or gathering important information can be of very great help and prepare yourself in facing any trading troubles that might be encountered along the way. It's also very important to not only put all these into mind, but also in actions and determining what's right from wrong. Information cannot be converted into knowledge without education. Education exists everywhere, and its up to us how we take advantage of it. It takes willingness, commitment, maintaining a dignified behavior, creativity, and knowledge to survive in the field of trading and becoming not only an educated trader but an educated person.
sr. member
Activity: 556
Merit: 250
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, I believe that skills matter as well. Being educated is given because we won't be able to do trading successfully without having enough knowledge about it. However, I think it doesn't necessarily mean that we must gain any degree but we must just have enough skills about the basics of trading.
jr. member
Activity: 266
Merit: 2
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A successful trader should be educated in the pros and cons of trading. You could survive in the field without indept knowledge, but to really make the most you should acquire more knowledge. Or hire a bot.
member
Activity: 627
Merit: 14
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The transaction must be educated or it can not be successful. And the literal meaning implies that there is full knowledge about the transaction. If there is no knowledge, depending on the fate, then there will be no gain, rather it will be at risk. And otherwise, sometimes there may be profit.Fate do not always support. Most of the transactions are done online now. Online means everything is in English. It is important to be educated as well as significant.
sr. member
Activity: 672
Merit: 250
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 good but not necessary. I have seen many successful businessmen who are not highly educated. Just literate but many highly educated people work for him. Hard work, loyalty, time, patience and skills are basic things for a successful trader. Luck also a big factor in crypto world. But the main thing is hard work and experience.
I think it depends upon the interest of every individual. I see that there are so many people around become successful in trading even if they didn't even know how to trade. Maybe if we have an interest and do trading and even if we start on low learning as well as we are happy of what we are doing maybe we can really get a learning that can be used on trading in the near future and maybe we can become sucessful if we wanted to. However being educated trader is an advantage and maybe everything may become simple.
Trading is not just about finding the best strategies, and practicing or sticking with it, traders need to develop certain traits and able to impose strategies effeciently. Being an educated trader is very useful and helpful quality  in attaining positive results and is resilient enough to deal failures. It develops the perspective of looking at life and being professionally inclined. Besides, trader should be patient, take discipline as of high regards, and be mentally and emotionally tough. A successful trader is someone who does not let discouragement pull him down, instead finding a way to bounce back from fall. Don't just be hardworker as a trader, be wise.
member
Activity: 270
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?

I really don't think that reading charts can be useful in crypto trading. We are too low in volume for technical analysis, and a lot of outside factors can crush or pump te price outside the margins...
Education is something else. If you know how blockchain works, and know how to recognise where it can be commercialized, invest in that coin + patience , and then you must be successful trader-investor.
jr. member
Activity: 154
Merit: 1
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 all are educated in trading because it depends to your strategy how to handle and to trade. Even your a educated person but your not willing to what trade means  or you want is only a easy money I think noting will happen to your life it comes to trade. Because even people not educated as long your smart and strategic you will successful in trading.
Yes,because even a simple highschool student can be a good trader.Educated trader matters also but in crypto world the most wise and has more ability and style will be more successful.Traders with patient and focus.
sr. member
Activity: 1148
Merit: 300
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 good but not necessary. I have seen many successful businessmen who are not highly educated. Just literate but many highly educated people work for him. Hard work, loyalty, time, patience and skills are basic things for a successful trader. Luck also a big factor in crypto world. But the main thing is hard work and experience.
I think it depends upon the interest of every individual. I see that there are so many people around become successful in trading even if they didn't even know how to trade. Maybe if we have an interest and do trading and even if we start on low learning as well as we are happy of what we are doing maybe we can really get a learning that can be used on trading in the near future and maybe we can become sucessful if we wanted to. However being educated trader is an advantage and maybe everything may become simple.
full member
Activity: 448
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?
It is good but not necessary. I have seen many successful businessmen who are not highly educated. Just literate but many highly educated people work for him. Hard work, loyalty, time, patience and skills are basic things for a successful trader. Luck also a big factor in crypto world. But the main thing is hard work and experience.
member
Activity: 372
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?
Not all are educated in trading because it depends to your strategy how to handle and to trade. Even your a educated person but your not willing to what trade means  or you want is only a easy money I think noting will happen to your life it comes to trade. Because even people not educated as long your smart and strategic you will successful in trading.
sr. member
Activity: 1918
Merit: 256
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I think that everyone can be a trader even an uneducated person. because the trader is trained with experience and experience not found in school.
requires only patience and can control emotions.
jr. member
Activity: 1288
Merit: 7
Being educated is an added advantage since you can learn faster. To learn more/ understand technical analysis requires reading/studying. If one is trading without a strategy or following/ using a particular technique,  then it may be described as gambling. Being educated is an added advantage but, in my opinion, It is not an absolute requirement.
sr. member
Activity: 980
Merit: 276
i dont think so. especially not in crypto market. when we check who made most profits in 2017, we can see that newbie and uneducated traders could one more comparing with experts, because they were blindly buying and it was a huge bull run that noone experienced before.
member
Activity: 252
Merit: 11
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Anyone can be a trader, but a successful trader is always an educated trader. He knows how to analyze charts, he knows about upcoming coin events. He knows when to buy currency or sell. He's not greedy and he's diversifying his portfolio.
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