Does IQ greatly affect a person's success in trading? - page 10.

Supercrypt

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Quote from: Sirait on June 09, 2018, 01:53:23 PM

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

With a low IQ, if you want to succeed at anything, you will still succeed and with a high IQ, if you want to fail, nothing will stop you either. Being highly intelligent does not have anything to do with trading, but at least someone with a good IQ, and who likes studying pretty well and absorbing things fast, may find it easier to grab things pretty fast but low or high IQ, everyone is still in the same boat and will have to learn first.

Probably you do not know that there are some attributes you will need to have to get the best from trading. Start learning regardless of your IQ levels. because with that, many people have cracked the trading into big fortunes and in very quicker time itself too.

summerbloom

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Quote from: Ems30 on June 14, 2018, 03:12:59 AM

Although an overall higher IQ will generally be an advantage in nearly every endeavour, keep in mind that there are different kinds
of intelligence,some person they excel at other endeavours. Bearing all this in mind, certain kinds of intelligence might make one a better trader than those who lack said intelligence to some degree, the kind of intelligence is depend on
person ability,to used it from different field, those are characteristics of a general IQ, but they are specific traits in certain people,it just like same with traders, what those qualities might be exactly, would need to be teased out in research.

I'm also agree to that case,that rather analytic mind can understanding of the market that required,sometimes in person may not know what IQ is and trade greatly, when trading on a profitable system,due to robots can trade again , if one person can perform as mechanical actions will result at the same time to earn with profit, although intelligence often makes the income bigger,but I really doubt that course advisors are written by people with low IQ,are not required to be trade?

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: coinwizard_ on June 12, 2018, 02:20:46 PM

I think IQ helps as you need some level of intelligence to understand how to trade in crypto. However, it is not the sole factor to succeed. EQ is important to stay calm and focused in a volatile market - especially now when everything is down

Being calm during the storm is important. But then again those who have a higher IQ would not be a trader - they would actually be the exchange them-self or satoshi himself Grin

Then we have people who have good knowledge about the market but then they still are panic selling. Again some people might need money in states of emergency and thus have to get their funds out of the exchange.

Volatile market now means a better growth tomorrow. Keep up the hopes people.

rommelzkie

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Quote from: gentlemand on June 09, 2018, 03:00:48 PM

Nope. All IQ means is the ability to pass IQ tests. That's it.

You could be the most intelligent person in the world but a useless trader if you have no control over your emotions. Maybe being a little dull upstairs makes you better. You won't be swayed by theoretical possibilities. You'll stick to your moves.

Control over your emotions is the one thing above all you need. Not many have it.

The best answer here is:

Many Billionaires or Millionaires in the world are not very Intelligent. Just one example is the Owner of Starbucks and KFC.

However, These Billionaires or Millionaires hires very intelligent person to run their business or company.

In trading. You dont need to be very intelligent. Disciple, continuous learning and strategy is only the key.

Ems30

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Although an overall higher IQ will generally be an advantage in nearly every endeavour, keep in mind that there are different kinds
of intelligence,some person they excel at other endeavours. Bearing all this in mind, certain kinds of intelligence might make one a better trader than those who lack said intelligence to some degree, the kind of intelligence is depend on
person ability,to used it from different field, those are characteristics of a general IQ, but they are specific traits in certain people,it just like same with traders, what those qualities might be exactly, would need to be teased out in research.

Caladonian

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In somehow, those who've got a a good IQ can assess well and can bring trading as a good source of income, they can analyze and intercept what asset
to buy and make an entry, if they will use this skills they have a good edge for them, as time goes by the outcome can be much better for people who
have a great judgement using their advance analyzing skills.

littlebill16

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IQ is an interesting way to "measure" one's intelligence, but there are seriously so many things in life that make us an "intelligent" individual. I would say that it doesn't matter your IQ for you to be successful. Sometimes people just get lucky or make a great decision based on past experiences that they have learned from. It is always a good thing to become educated in any work that you are doing so it will help you in the long run, though.

coinwizard_

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I think IQ helps as you need some level of intelligence to understand how to trade in crypto. However, it is not the sole factor to succeed. EQ is important to stay calm and focused in a volatile market - especially now when everything is down

Getcoinsite

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Quote from: Sirait on June 09, 2018, 01:53:23 PM

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

eare you really asking here?or you have just wanted to release opinion about IQ?

Well not all genius becomes successful and not all Those having High IQ can make profit in crypto trading this depends on what abilities you have and skills to make daytrading.

yanto@1977

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Quote from: Sirait on June 09, 2018, 01:53:23 PM

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

IQ meaning theory and when enter market IQ is nothing with out psychology. With IQ I can see clear about everything and create many analysis but with psychology I can decides which strategy/ step should do. IQ not always right but it will help us understand what happen ( thing ) from different aspect, with out that we don't have any reason to start activity. IQ and psychology is one part, don't split it.

DragonCoinZ

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I would say no. Because myself has a very high iq. Im member of mensa. But i cant trade, because i cant controll my fud and fomo feelings while im trading. But maybe its a lot easier for people with high intelligence quotient to learn all the basic and advances about cryptocurrencies. I never try it, because im not really interested to sit 24 hours in the front of the pc just to trade and make some dollars of profit.

boblets243

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Quote from: Sirait on June 09, 2018, 01:53:23 PM

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

You don't need to have a high IQ to be good at trading. High IQ people may have learned trading easily over the others. However, it doesn't mean that low to average IQ people can't understand and master trading. Experience is one thing that molds you to be a good trader.

Jesabela04

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Quote from: Sirait on June 09, 2018, 01:53:23 PM

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

I believe that it is not a person's IQ that brings us success in trading but it is our hard work and willingness to learn things that we could apply in our life as traders. Our skills about what we are doing also matters for us to have a good gain. No matter how intelligent a person is , it is still nothing without hard work.

VclDm

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Quote from: Dikpora77 on June 11, 2018, 06:42:35 AM

Quote from: Sirait on June 09, 2018, 01:53:23 PM

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

how about the business man/woman are they have to have high IQ to be success? The answer is big no. If you want to doing the cryptocurrency, and learn about it, hard working to understanding, and never give up I believe one day you will pick the result and being success in cryptocurrency. And if you lucky have the skill on the cryptocurrency is also give influence for being success too. So everything is not only about IQ if you want, do it.

To be a successful investor in this market needs a lot of factors and it is certain that IQ is not a factor that helps investors succeed but it will help them be more alert. IQ does not take up much of the success of a human being because it requires so many other factors.

capoeira

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cientific/math focused minds tend to do not so well on markets, since they lack the psycological/"hustler" component.
To be sucessful in the markets you need both: cientific and social inteligence. that's why over 90% fail in the long run. people tend to "specialize" in one of them and lack the other

Kertmu

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Quote from: Sirait on June 09, 2018, 01:53:23 PM

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

I think that the IQ level has no decisive factor. The market of cryptocurrencies can not be analyzed, since the exchange is analyzed. Factors affecting the value of Cryptocurrency are news (good or bad, recognition, legalization, prohibition, infringement of new ICO, currency popularity).

KesoNie

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Quote from: francis95 on June 11, 2018, 12:40:33 AM

Quote from: Sirait on June 09, 2018, 01:53:23 PM

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

Being knowledgeable in trading is one of the factors that a day trader must have. A day trader must have a technique to be a successful trader and techniques need a lot of IQ. So yes, IQ affects the persons success in trading.

Actually the level of intelligent quotient is not the reliable factor to become successful because you should still have the ability to be worked it out without losing so much of your investment. Though we should also consider to have a knowledge in one thing that we would perform but for me if you have the basic knowledge you can already survive it.

nl247

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High IQ or low IQ, everyone needs to learn before being successful at anything. However, I feel those with high IQ may even have a higher disadvantage as most times, they feel so secluded in their space, feel a bit too over confident, and that may actually be a little bit of problem when it comes to learning a profession. Anyway, IQ is not a measurement of how successful someone ends up in something, it is just how ready and dedicated the person is to learning which somehow still balls down to some level of passion in that area as well.

tanghere02

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Yes an IQ can affect a person through succession in trading but it does not necessarily require a highly IQ’d person. For as long as you have a decent IQ and you understand fully what you are getting tourself into especially in trading then thats about it. Your IQ does not define your succession, it is a persons ability and willingness who defines them.

Dikpora77

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Quote from: Sirait on June 09, 2018, 01:53:23 PM

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

how about the business man/woman are they have to have high IQ to be success? The answer is big no. If you want to doing the cryptocurrency, and learn about it, hard working to understanding, and never give up I believe one day you will pick the result and being success in cryptocurrency. And if you lucky have the skill on the cryptocurrency is also give influence for being success too. So everything is not only about IQ if you want, do it.

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