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Topic: A successful trader must be an educated trader? - page 4. (Read 2544 times)

full member
Activity: 672
Merit: 144
To an extent, i will say yes, but wholistically, a long term trader is one who sure needs education plus his experince but a one off trader might just be fine with studying the market, relevant news or speculations and predictions, that may work for such.
in any case, almost half of all users of crypto currency began to learn and learn this business from scratch. Someone came to the bitcointalk forum and learned all the information here, and today it successfully trades crypto currency in the market, and some just participates in the Bounty Company.
newbie
Activity: 79
Merit: 0
To an extent, i will say yes, but wholistically, a long term trader is one who sure needs education plus his experince but a one off trader might just be fine with studying the market, relevant news or speculations and predictions, that may work for such.
legendary
Activity: 1120
Merit: 1000
It is very desirable if you are educated trader but overall no. You have probably better chances if you know what are you clicking on exchanges but in last year madness people have made huge money on this event if they don't have any ideas about trading
Yes that is right, i also think that it is too much important that we must have some knowledge about trading, It increases the chances of successful tre. I think that it is also important that we must also have good experience and trading skill, without good trading skill we cannot become confident and succeeded in trading.
newbie
Activity: 140
Merit: 0
The analysis of technical and fundamental aspect of the market is very key to traders success.
successful in trading with a good knowledge of trading crypto currency which means you must be an educated trader for you to become successful trader in crypto currency. Trading can be learned through experience and being smarter out there in the field.
member
Activity: 112
Merit: 10
It is very desirable if you are educated trader but overall no. You have probably better chances if you know what are you clicking on exchanges but in last year madness people have made huge money on this event if they don't have any ideas about trading
newbie
Activity: 154
Merit: 0
In my opinion, a successful trader should be good when reading charts before deciding what to do and what not to do. I would always suggest that before one trades, he/she must get adequate level of training before participating in trades
member
Activity: 425
Merit: 10
I think it is important to learn, if not all, almost of the terms in trading to be a successful trader. Also learn how to read charts to make proper predictions. Study how the market moves. Also, updated of the new technology to easily adopt.

full member
Activity: 381
Merit: 101
A successful trader is not necessarily an educated one. Trading can be learned through experience and being smarter out there in the field. Though, it is very helpful if you can the languages in trading that's a plus factor. In today's technology, there are lots of ways to learn things by self study. Resources are out there available by just clicking.
full member
Activity: 421
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 think it's not true that "Every successful trader is an educated trader." There are successful ones that learned the market trading through experience. As they say, experience is the best teacher. You may not know the technical termsin trading, but they can be learned.
member
Activity: 218
Merit: 11
To certain point education is a must, without which it is truly an impossible thing to achieve good profit out of trading. At times it is a must to make calculations to profit, it might be simple but the same isn't possible without education. If one is successful through trading, then he might be good with education, or could have got good experience or he might have got good luck.
MMA
legendary
Activity: 1134
Merit: 1000
It is not necessary to be an educated person before you trade however, you have to known the really format for trade. Finally, been an educated person help you the more and it is of the great value to your trade.
But to me i think that it is too much important to have some good knowledge about trading, specially you must have some specific knowledge about trading. It will surely increase your winning percentage in trading. But along with good knowledge it is also necessary to have good experience in trading.
full member
Activity: 244
Merit: 100
io.ezystayz.com
A successful trader somehow should be educated, you clearly 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.
Yes, trading needs a lot of knowledge, we must have our own analysis we cant just rely on others so I certainly agree with you.. I believe that successful traders are those who were educated enough to read charts and analyze what happens next by just looking at the price charts.
A successful trader is someone who can evaluate the market trend and always make decisions in the market one step at a time, which is a very successful way for traders in financial markets and cryptocurrency. I think that these are usually due to the long-term investment experience in the market, which no school can teach, basic knowledge and fundamental analysis you can learn in many places but to succeed, only direct investment is acquired.
member
Activity: 294
Merit: 11
It is not necessary to be an educated person before you trade however, you have to known the really format for trade. Finally, been an educated person help you the more and it is of the great value to your trade.
newbie
Activity: 116
Merit: 0
Yes, I agree with you. A trader is a very difficult profession and therefore without special knowledge and skills a trader will not survive in the crypto currency market.
sr. member
Activity: 462
Merit: 250
I think educate may be not important, because the best learning in trade is experience and you have to have analysis skill and other skill to knowing where the coin is going to do
In order to understand the processes and variations taking place in the market and the profit making principles and basic rules a trader must get this knowledge and enter into the market with it. It is very important to have this enough knowledge in order to make profit that person will be successful here. However if a person does not have this knowledge then he will not survive in the market without any doubt.
Educated traders know better how to start and end up a process with nice finish which is the result of knowledge they have about a specific or many sources. People get sad and say that nothing works here is the crypto market but actually the problem with them is the lack of knowledge that is why we always say that enter into any selected market after getting knowledge of that market.
I agree and definitely true. A successful trader should be educated in some point to have a great amount of profit in the future. I would say that an educated one is much more advantage compare to the beginner. Also, to those beginner needs more time to learn and soon in the future they will become a successful as an educated trader gaining enough knowledge in trading techniques.
educated cause they can apply what they have learn for some other point of saving , converting ,calculating and everything that we ,must have to take for as for being an educated you are just to keep quite and study also the new things here i am also believe for the attitude that as an educated person has for.
newbie
Activity: 86
Merit: 0
if any one need to success in trading at least he or she need 1 or 6 month demo treding experience,for trade you should have to know how to analyst the market trends how market behave for news ETC.so for all this you must have some educated knowledge to understand thees all..
member
Activity: 170
Merit: 46
A successful trader somehow should be educated, you clearly 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.
Yes, trading needs a lot of knowledge, we must have our own analysis we cant just rely on others so I certainly agree with you.. I believe that successful traders are those who were educated enough to read charts and analyze what happens next by just looking at the price charts.
sr. member
Activity: 1484
Merit: 253
I think educate may be not important, because the best learning in trade is experience and you have to have analysis skill and other skill to knowing where the coin is going to do
In order to understand the processes and variations taking place in the market and the profit making principles and basic rules a trader must get this knowledge and enter into the market with it. It is very important to have this enough knowledge in order to make profit that person will be successful here. However if a person does not have this knowledge then he will not survive in the market without any doubt.
Educated traders know better how to start and end up a process with nice finish which is the result of knowledge they have about a specific or many sources. People get sad and say that nothing works here is the crypto market but actually the problem with them is the lack of knowledge that is why we always say that enter into any selected market after getting knowledge of that market.
I agree and definitely true. A successful trader should be educated in some point to have a great amount of profit in the future. I would say that an educated one is much more advantage compare to the beginner. Also, to those beginner needs more time to learn and soon in the future they will become a successful as an educated trader gaining enough knowledge in trading techniques.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
I think educate may be not important, because the best learning in trade is experience and you have to have analysis skill and other skill to knowing where the coin is going to do
In order to understand the processes and variations taking place in the market and the profit making principles and basic rules a trader must get this knowledge and enter into the market with it. It is very important to have this enough knowledge in order to make profit that person will be successful here. However if a person does not have this knowledge then he will not survive in the market without any doubt.
Educated traders know better how to start and end up a process with nice finish which is the result of knowledge they have about a specific or many sources. People get sad and say that nothing works here is the crypto market but actually the problem with them is the lack of knowledge that is why we always say that enter into any selected market after getting knowledge of that market.
full member
Activity: 434
Merit: 102
Indeed he needs because if he would not be educated, he has a great chance to be scammed, or basically to lose all of his money while trading, so before actual process of trading, I suggest for everybody to learn good.
I would say education is just the name of the knowledge that enables you to understand between good and bad. Success in trade dependent of the mental gaming capacity of the investors. If you are well educated but do not have the skills to make things happen in the market, you are outdated. SO in my opinion, education is not the bottom-line of success in trade. The combination of both education and skills leads you to another apex of success.
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