Topic: Does IQ greatly affect a person's success in trading? - page 6. (Read 1297 times)
Trader's IQ is definitely an important factor that affect the profitability of trading activities! Cryptocurrency trading is fast and you must be thinking on your feet to be able to take advantage of the market when it's in your favour!
I think its not really the IQ, but rather how a person can handle his/her emotions.
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.
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.
Your statement applies to all of the field but I disagree when you say that "All IQ means is the ability to pass IQ tests.That's it". It is proven scientifically that these test are can predict one's capability and I believe it is as effective in trading since it requires critical thinking and analysis. Of course emotion can interfere that's why there is what we so called "practice". I wise person knows that he would need a lot of experience and knowledge before he can be successful in a chosen field but for an intelligent person, he only requires a small amount of these experience and knowledge to become successful.
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.
That's true even a people have high IQ but it comes to control the emotions it's hard to them. In trading in crypto it's not important if you have high IQ or not the important to crypto is the strategy and how to manage your funds. 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.
I wouldn't say that it does affect you trading. IQ might help you with finding good opportunities and good projects but the trading aspect is based on your patience, strategy and goals you set.
not much to do with IQ.
you have to be smart (there is a diference)
you have to be smart (there is a diference)
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 experience is more important than IQ, people with high IQ is really smart, but not smart enough to face market manipulator. who win in market is holder, someone who keep be patient to gain profit in his asset even don't have high IQ 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".
it depends on what you understand from IQ word if you mean IQ test results, it can be tricky but if you mean intelligence yea of course it will affect the success rate of your trading.
Yes perhaps you are right that intelligence affects trade, but the brain he as muscle if you will to read many and learn the you increase their ability to.And then intelligence will not be a barrier, it would be a desire !Well that would cover logic and analytical understanding so obviously the answer is yes. It's not just about reading the market movement but reacting soundly. Anyone with high iq would be able to do so.
Of course the answer is no, mental ability isn't the only thing that
matters in trading. for example having emotional control is also very important.
matters in trading. for example having emotional control is also very important.
IQ does not affect the outcome of the trade. The result is affected by discipline and emotional stability of the character, as well as perseverance.
it depends on what you understand from IQ word if you mean IQ test results, it can be tricky but if you mean intelligence yea of course it will affect the success rate of your trading.
Yes perhaps you are right that intelligence affects trade, but the brain he as muscle if you will to read many and learn the you increase their ability to.And then intelligence will not be a barrier, it would be a desire ! It is obvious that people who have the highest IQ are more successful in various spheres of life and trading is not an exclusion. I consider sincerely that somebody should not be a trader if one is not smart because trading is fast way to lose money.
There are also important experiences, skills and an emotional control to be a successful trader because trading is a very difficult activity.
I totally disagree, I mean, if you can't, you don't have to be a trader ?You was born to walk when not able,it does not mean that you should not go because you don't umesaki? I think everyone should do what he likes, take risks and win.If you do not know how to trade then read the literature ,crypto bloggers and various forums,but many mistakes you will make but sooner or later you will learn ! There are also important experiences, skills and an emotional control to be a successful trader because trading is a very difficult activity.
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 suppose that IQ is affecting everything that person is doing and in what it is involved because it is a coefficient that is affecting all the way how person is doing things, and it would be more effective if you have high. 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".
A person with a high IQ needs to be interested in trading and investing and then takes steps to learn it. Just because a person has a high IQ doesn’t mean they are rich or will be rich or even are interested in investing. Not everyone cares about money. Money is not the only thing in life. IQ also does not mean someone is automatically an expert at something. High IQ means a person has the potential to learn well and easily.
Knowledge is very important in this certain field. Having a strategic ways to survive in here really impressive and could drive us to have a better result. Some traders get failed due to luck of experience and knowledge. It could be in help also if you have courage and strong determination.I think it will affect a persons success if he has a high IQ. Because he or she knows when to trade and when to sell. He or she will not enter trading if he knows that he/she willnot earn some profits.
But you can never know that just as you can never know if the next day you will find a wallet full of money lying on the ground or get hit by a car at that same spot. IQ doesn't have anything to do with it.
The level of your IQ does not affect your progress in trading. The main thing in trading in the market is compliance with rules and own trading strategies.
Right. The only thing IQ helps is learning those rules and getting used to the system. A smart person will need only a couple hours to get the basics while some people will need months to get to the same level.
it depends on what you understand from IQ word if you mean IQ test results, it can be tricky but if you mean intelligence yea of course it will affect the success rate of your trading.
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".
Not all need to have high IQ it comes to trading because lots of people in crypto is not a intelligent person but full of strategy how to handle their investment in crypto and how manage it.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".
A person with a high IQ needs to be interested in trading and investing and then takes steps to learn it. Just because a person has a high IQ doesn’t mean they are rich or will be rich or even are interested in investing. Not everyone cares about money. Money is not the only thing in life. IQ also does not mean someone is automatically an expert at something. High IQ means a person has the potential to learn well and easily.
Knowledge is very important in this certain field. Having a strategic ways to survive in here really impressive and could drive us to have a better result. Some traders get failed due to luck of experience and knowledge. It could be in help also if you have courage and strong determination.
A person with a high IQ needs to be interested in trading and investing and then takes steps to learn it. Just because a person has a high IQ doesn’t mean they are rich or will be rich or even are interested in investing. Not everyone cares about money. Money is not the only thing in life. IQ also does not mean someone is automatically an expert at something. High IQ means a person has the potential to learn well and easily.
The level of your IQ does not affect your progress in trading. The main thing in trading in the market is compliance with rules and own trading strategies.
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