Pages:
Author

Topic: Does IQ greatly affect a person's success in trading? - page 7. (Read 1297 times)

full member
Activity: 504
Merit: 100
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.
legendary
Activity: 1232
Merit: 1091
A person can have a high IQ but not know how to read technical Analysis.

Even being able to read charts doesn't necessarily give you an advantage in this market. If that was the case, all the legacy market experts wouldn't be wrong time on time again. You can be the smartest person in the world, but you won't ever be able to figure out what the average joes will do, or an old hand trying to unload a significant number of coins. Only exchanges will be able to know what happens and then front run people's orders, but that's based on insider trading rather than being smart. It's illegal as well, especially if you sell that information to market makers. If you play it fair, you won't be able to time this market, it's that simple....
jr. member
Activity: 229
Merit: 1
🔰FERRUM NETWORK🔰
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.
member
Activity: 294
Merit: 10
LEGIT AIRDROPS - https://airdrop.buzz
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".

A person can have a high IQ but not know how to read technical Analysis.
newbie
Activity: 91
Merit: 0
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 is very necessary, because it is very useful.
but besides that there is more important than intelligence, that is honesty.
not everyone has it, we trade bitcoin, no direct face to face does not mean honesty is not in need.
I think the main points for success.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
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 it will affect quite a lot of investors. Simply because investors need high IQ and high concentration to analyze charts and evaluate the market they will invest in for a long time.
But we also know that high IQs will always be rich in investment. everyone needs luck. So if you do not have IQ, do not worry, keep learning and you will have a good result.
It does affect your performance but it doesn't hugely matter because your skills and experience were very accountable to the flow of your account. Your strategies and techniques were being one of the reason to be able to get your dream profit though it may take time especially today that the market is down.
Really the skill is not that much matters in the crypto currency investment,we just need lucky enough to invest at the right time and sell them at the right time,even if you have high analyzing skills and telling themselves as an knowledgeable person is not enough to get succeed in the crypto field.
I agree on the thing that we do need some luck but its not really a main factor for you to rely on since we do talk about trading which is definitely need up skills and knowledge because if you just purely rely on luck then you are just basically doing gambling on the very first place. Luck wont be effective anytime because if you do just carelessly buying things without any basis or analysis then its not different from gambling at all.
IQ does effect not only to this field but on all sorts of things.
Crypto trading is more or less like an gambling but as you said if someone buy and sell the coins just blindly will leads to failure,we need to work our on selecting the coins I am talking about bitcoin probably the best to investAnd decision making ability is important in the crypto trading as well but having high IQ don't give success in the crypto trading,maybe it is just enough to remember all the crypto names available. Grin
hero member
Activity: 1065
Merit: 510
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 it will affect quite a lot of investors. Simply because investors need high IQ and high concentration to analyze charts and evaluate the market they will invest in for a long time.
But we also know that high IQs will always be rich in investment. everyone needs luck. So if you do not have IQ, do not worry, keep learning and you will have a good result.
It does affect your performance but it doesn't hugely matter because your skills and experience were very accountable to the flow of your account. Your strategies and techniques were being one of the reason to be able to get your dream profit though it may take time especially today that the market is down.
Really the skill is not that much matters in the crypto currency investment,we just need lucky enough to invest at the right time and sell them at the right time,even if you have high analyzing skills and telling themselves as an knowledgeable person is not enough to get succeed in the crypto field.
I agree on the thing that we do need some luck but its not really a main factor for you to rely on since we do talk about trading which is definitely need up skills and knowledge because if you just purely rely on luck then you are just basically doing gambling on the very first place. Luck wont be effective anytime because if you do just carelessly buying things without any basis or analysis then its not different from gambling at all.
IQ does effect not only to this field but on all sorts of things.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
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 it will affect quite a lot of investors. Simply because investors need high IQ and high concentration to analyze charts and evaluate the market they will invest in for a long time.
But we also know that high IQs will always be rich in investment. everyone needs luck. So if you do not have IQ, do not worry, keep learning and you will have a good result.
It does affect your performance but it doesn't hugely matter because your skills and experience were very accountable to the flow of your account. Your strategies and techniques were being one of the reason to be able to get your dream profit though it may take time especially today that the market is down.
Really the skill is not that much matters in the crypto currency investment,we just need lucky enough to invest at the right time and sell them at the right time,even if you have high analyzing skills and telling themselves as an knowledgeable person is not enough to get succeed in the crypto field.
copper member
Activity: 672
Merit: 270
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 it will affect quite a lot of investors. Simply because investors need high IQ and high concentration to analyze charts and evaluate the market they will invest in for a long time.
But we also know that high IQs will always be rich in investment. everyone needs luck. So if you do not have IQ, do not worry, keep learning and you will have a good result.
It does affect your performance but it doesn't hugely matter because your skills and experience were very accountable to the flow of your account. Your strategies and techniques were being one of the reason to be able to get your dream profit though it may take time especially today that the market is down.
member
Activity: 205
Merit: 16
Nope, IQ means nothing.

Self control is the most important skill to have. Having a high IQ (in trading at least) is actually a bad thing, because high IQ people typically have trouble discounting their opinions about the market. In other words, once they make up their mind about what the price of a crypto will do they'll stick to that view even in the face of information that contradicts it, which almost always results in them losing money.




of course iq does matter and it actually help a person to become more succesful in trading because if a person has high iq , he is smart and skillful , he does know what he is doing , so he can be able to earn more when compared to a person that has less iq . but , luck and patience do also matter when it come to trading aside from iq , because if you dont have a luck and a patience to hold , your chances of winning your trades is only small .


Sorry, but I don't agree with that.

Simply having a high IQ doesn't mean you're smart and skillful trader.

If you have a high IQ but don't know anything about trading then you're not going to be a better than someone who does know how to trade but has a low or medium IQ. It just isn't going to happen. Also, the tests people use to determine IQ don't take into account any of the factors required for successful trading, like knowledge of market psychology, Patience and self control, how to us Technical Analysis etc. These are the things that will determine your success. Having a high IQ may mean you can learn and figure things out a bit quicker than someone with a low/medium IQ, but it isn't the determining factor in whether someone will become a successful trader.

I agree with you on 'luck' though, that's something we all need.
member
Activity: 238
Merit: 10
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 it will affect quite a lot of investors. Simply because investors need high IQ and high concentration to analyze charts and evaluate the market they will invest in for a long time.
But we also know that high IQs will always be rich in investment. everyone needs luck. So if you do not have IQ, do not worry, keep learning and you will have a good result.
full member
Activity: 714
Merit: 114
Nope, IQ means nothing.

Self control is the most important skill to have. Having a high IQ (in trading at least) is actually a bad thing, because high IQ people typically have trouble discounting their opinions about the market. In other words, once they make up their mind about what the price of a crypto will do they'll stick to that view even in the face of information that contradicts it, which almost always results in them losing money.




of course iq does matter and it actually help a person to become more succesful in trading because if a person has high iq , he is smart and skillful , he does know what he is doing , so he can be able to earn more when compared to a person that has less iq . but , luck and patience do also matter when it come to trading aside from iq , because if you dont have a luck and a patience to hold , your chances of winning your trades is only small .
member
Activity: 205
Merit: 16
Nope, IQ means nothing.

Self control is the most important skill to have. Having a high IQ (in trading at least) is actually a bad thing, because high IQ people typically have trouble discounting their opinions about the market. In other words, once they make up their mind about what the price of a crypto will do they'll stick to that view even in the face of information that contradicts it, which almost always results in them losing money.


member
Activity: 322
Merit: 12
In my opinion IQ can affect a person through succession in trading but not necessarily need a very IQ person. As long as we have a decent IQ and we fully understand what we get ourselves especially in trading. Holding and handling emotions is very important. And I think having extraordinary knowledge is a big factor in building a good strategy for us.
member
Activity: 159
Merit: 10
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 is greatly affecting all the things that person is doing in whole life in every sphere of it. So in my humble opinion intellect quality is defining how successful you will be whatever you are going to do.
member
Activity: 157
Merit: 10
Probably yes, because you will always take more care in those opportunities in where you can lose more and more money, and you will be aware of them. Maybe that is the only opportunity in where the IQ can really affect your trades.
newbie
Activity: 51
Merit: 0
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 have been trading for a long time, and I have to say that if you are smart, it does not mean that you will make money
Trading is primarily a discipline
Because here does not earn the most intelligent and the most prudent
I do not know of any trader who does not have an algorithm of work, and not following him
You always need a strategy, first find the patterns that you think will work
Then test this pattern on history. Take all the deals in a row, and look at the result. I do it this way: http://prntscr.com/k8x5rm
And only after that you can start trading.
Materials for the strategy (patterns, ideas, etc.) you can find in different communities of traders. Such a : http://www.insiderport.com/ Or something like that
and remember that all materials need to be carefully checked
newbie
Activity: 168
Merit: 0
I think the world of commerce does require a high iq but the luck factor also affects the success in trading, so trading success because iq and your luck.
full member
Activity: 658
Merit: 103
Having a really high IQ means you have a mind that is not normal and can do things differently but if we are talking about trading IQ really helps to make strategies and countermeasures to keep disasters from happening if not then they can propose another method to solve it. However in trading having a high IQ is not a game changer trading means having a gut to risk usually high IQ people are gutless when it comes to risking because they think of probably and chances it will succeed.
hero member
Activity: 750
Merit: 511
I'm sure it does, but most likely it's not the main component.
Pages:
Jump to: