a successful trader must be an educated? not sure.
but for me, to become a successful trader you should know the right time to start and to stop. also you need to learn to train your psychology to help you on making any decisions. dont forget the luck as the final touch.
Topic: A successful trader must be an educated trader? - page 8. (Read 2491 times)
To succeed in trading you may not need education. How many billionaires graduate college? It depends on the nature as well as the experience and striving in your work as well as your life.
Yes it is not conditional to be educated for being a good trader as a lot of trader in this age are illiterate, don’t think if you are uneducated you can’t be a trader, you need skills, information, knowledge about crypto and the most important capital to trade well, try to trade for long term it needs only time and patience to hold and keep on trading as much as possible don’t lose your hope soon you will be best trader with all those abilities. Some traders become educated through trading experience and once you get the market knowledge then trading is then not tough but if you have the complete knowledge then take a start in the present time and bitcoin and other crypto are profitable in the trading.
Education is the most important thing and the is the most effective thing which can help you in so many ways in having a better life in all the ways. If you want to become a successful trader, then you must learn as many things as you can as more knowledge will then mean that you are having much brighter chances of having more earning and that you need to be a learned man to become a successful trader.
I see that right now, many people want to learn more about trading so at least they have the knowledge to trade and they can be able to determine which coins that could be potential to increase in the short time. Educated term is fully relative, you don't mean that only degree holder person is not an educated person. When you have a lot of knowledge about a particular thing then you must be an educated on that issue
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. You just have to tell him to read the article because there are many articles that explain the good and true trades, tell him do not be a lazy person to earn money. I do not think it's important to teach a lesson about bitcoin trading to new people
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. 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
Traders are not all built equal as many people simply are not prepared for the emotional roller coaster trading can be.
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?
There are a lot of information and experiences that we should learn for us to become successful trader. Trading is not easy job because of its volatility. We should allocate our time mostly in studying trading for us to become professional trader.
To succeed in trading you may not need education. How many billionaires graduate college? It depends on the nature as well as the experience and striving in your work as well as your life.
The way to become a successful trader is by being educated on trading. But it does no necessarily mean that we have to accomplished the highest educational attainment. Skills and ability are also the factors that we should consider in trading. In my own opinion, for you be be called as an educated trader is, you must have enough knowledge in performing this transactions. Learn how to control your emotions, discipline and make a wise decision.
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?
You don't specify what you mean by being educated. Do you mean a degree in economics or what? If so, then it would definitely count as being a highly educated person but does it mean that you will be successful in trading? Not in the least. The history knows a lot of examples when highly educated people, even famous and distinguished guys like John Keynes or Irving Fisher, lost massively in the market. So being educated is not a guarantee of profits. On the other hand, you may not have finished college but if you have capabilities in this field, you may easily outperform dudes with economic degrees and steep IQ's.
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?
Ideally people who educate themselves on whatever they do get the better outcomes. When you're educated and you trade you're able to understand processes and even make better predictions.
A portion of the brokers loses because the absence of learning and appropriate planning on the exchanging. If you need to begin trading and to be a decent dealer should know. Information is the stage of all. If you have Knowledge, you can think the savvy choice, and you can make your automated revenue. Obviously, achievement accompanies involvement in learning, and careful discipline brings about promising results.
Hi, yes, I agree with you, but not 100%...Not always an educated trader, this is a successful trader. In trading there are many factors that influence your success. And one of these factors, this education.
Yes, knowledge as in any other field always brings a certain benefit and all successful traders try to learn something useful every day. For example I like to learn about techniques which can help to calculate days of trend reversal and levels of resistance and support.
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?
Well, I have always believed that success in the market can be attributed to yes, educating yourself about the market and... A lot of luck (my opinion) even the best forecaster and reader of maps still get hit in the volatile market. But if luck shines on your, count yourself successful.
Some traders become educated through trading experience and once you get the market knowledge then trading is then not tough but if you have the complete knowledge then take a start in the present time and bitcoin and other crypto are profitable in the trading.
Well that's true but those traders probably lost a lot to gain that experience. It's not a bad thing to make preparations like research and study before getting the experience needed right? Spend a little more time watching videos, reading and participating in discussions and observing how more experienced traders do it
Some traders become educated through trading experience and once you get the market knowledge then trading is then not tough but if you have the complete knowledge then take a start in the present time and bitcoin and other crypto are profitable in the trading.
Well that's true but those traders probably lost a lot to gain that experience. It's not a bad thing to make preparations like research and study before getting the experience needed right? Spend a little more time watching videos, reading and participating in discussions and observing how more experienced traders do it
Some traders become educated through trading experience and once you get the market knowledge then trading is then not tough but if you have the complete knowledge then take a start in the present time and bitcoin and other crypto are profitable in the trading.
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as we can see that lots of people are doing trading but not everyone making much profit easily
the main reason why people cant make a profit easily is because the crypto market is always down. it is not because they are uneducated or whatever reasons that you might think of. there is no easy money here in crypto especially in trading because trading is pretty hard to do , in addition to the volatility of the cryptos.If the market is down (goes down), you can try shorting if you have guts. Exchanges like Bitfinex offer this opportunity to make money on a falling market. Before, the whole cryptomarket was rising, and it was easy money, whether you were educated or uneducated. Obviously, that couldn't last indefinitely, and now everyone can show what they are really worth of, if their so0called eduction is actually worth anything. It is one thing to earn on a rising market (buy low, sell high) and quite a different one when the market flatlines or even spirals down.
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