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Topic: Does IQ greatly affect a person's success in trading? - page 9. (Read 1297 times)

jr. member
Activity: 153
Merit: 3
I think IQ fact is a bullshit for me. You can not determine the intelligence of anyone with the IQ test. if you want to succeed on a work,  all you have to do is work hard on that purview.
Lol. It is just one B.S measurement that some people formed to make themselves feel relevant. Everything like you said requires work and if someone with IQ peradventure thinks with a high IQ he can just hit the chart and start making trading decisions without learning, I would love to see how far he or she is going to have to go with that. Trading requires huge learning and it is important to always understand that no one can be good at anything at all without some proper understanding of that area.
newbie
Activity: 196
Merit: 0
i don't think so. the cryto market changes everyday so you can not use your IQ to predict it. Do you see Mc Afee? He said he has his own graph and formula. How are his predictions now? All are wrong.
full member
Activity: 1050
Merit: 100
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".

yes, iq is one of the biggest factor to survive in the market and good patience will make you earn profit, the reason why most of the people are losing a huge amount of profit is because of their lack of knowledge on how the market system works daily.
besides that, with high iq we can analyze in detail and from all direction of analysis. so i guess it will be more thorough. but even if iq we are high, should be noted psychological stability, and it needs practice
legendary
Activity: 1652
Merit: 1057
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 will affect a person's success but success will not be completely dependent on IQ. There are a lot of people who do not really have high IQs, but they can create big businesses like Jeff Bezos, J.P.Morgan, Warren Buffett, etc.
The ability to succeed in any field will be based on diligence, and passion. If there are two factors, you will easily become wealthy and good at your passion without high IQ.
Yeah. IQ is a determinant factor of how you are going to be successful at anything and it is more like saying that someone with a high IQ is going to end up being a successful lawyer, doctor or whatsoever. IQ will be a explicit factor to measure how our performance will be and how much successful in every activities.

Profession is based on what someone personally fills about a particular area and their dedication and passion towards it like you said. If someone with high IQ does not have a passion for trading, he would not learn and if he does not learn and makes any attempt, he will fail even with his high IQ.
legendary
Activity: 1176
Merit: 1024
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.
Yes, IQ is totally based on general intelligence and trading is a profession on its own which would need to be studied to get better at. The same way not all persons with a high IQ will do very well in medicine or being a lawyer or other profession is the same way not everyone with high IQ will do well in trading.

Every profession comes with the zeal to want to learn, the attributes you have that somehow would work well with that profession, and IQ is just a measure of intelligence like you said, and not a guarantee that you would succeed in everything.
member
Activity: 294
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".

yes, iq is one of the biggest factor to survive in the market and good patience will make you earn profit, the reason why most of the people are losing a huge amount of profit is because of their lack of knowledge on how the market system works daily.
member
Activity: 406
Merit: 10
Emotional Intelligence EQ affecting the success of a trader more than IQ. Managing and adjusting Your emotions to adapt to the trading environment is essential in achieving Your trading goals.
full member
Activity: 266
Merit: 100
In trading there is no exact result and that is why IQ won't make any difference if we talk about the outcome of our trading hobbies. But IQ at some points will give advantages too.
sr. member
Activity: 700
Merit: 260
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".
trading is more likely to be emotional. patience is the first key in trading, reading market and also always see the price movement will always be in tandem. if one of them is passed, I'm sure we will fail in trading. never be careless and too passionate in trading.
sr. member
Activity: 1610
Merit: 294
www.licx.io
I think it's very important because with the IQ you can see and think of the right time to buy and sell the right coin because if you do not have an IQ it seems difficult to think and it will be difficult to get a profit.
newbie
Activity: 85
Merit: 0
Having high IQ might help in the analyzing the trend in the market of cryptocurrency. faster thinking and decision during sudden trading. But I think a practical and hands-on experience would win over IQ over time especially in this very speculative industry. Just my newbie thoughts about it.
copper member
Activity: 150
Merit: 30
Unfortunately, no.
My IQ is much higher than average, but my trading skills are awful.
Its all about patience and analysis, which im lack of
legendary
Activity: 2576
Merit: 1043
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I think it affects but not that much. What is important in trading is EQ and not IQ. Discipline, patience etc. These are the most important things in trading

I consider myself as an semi - intelligent person (😂) but my trading skills are not that good.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
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.
Differentiating a person who do have lower and higher IQ is understandable which you can able to point out their gap when it comes to analytic skills specially trading do involve mostly on these kind of matter.Thinking stuff and decision making is crucial which critical thinking would really be required.This is why i do agree IQ can affect persons success on trading but there are factors which are needed for you to control on which is outside on intelligence area which is your emotion and temper, its important for you to handle it because being bright or high IQ would be useless if you can able to control yourself.
jr. member
Activity: 278
Merit: 1
I do believe that IQ has very little contribution to the trade as well as into the other professions, what makes a good trader is the experience and the learning of methods of trade.
newbie
Activity: 74
Merit: 0
I think the EQ is more important in this case, controlling the emotions, also the knowledge for cryptocurrencies and tranding also of course are most important keys
full member
Activity: 630
Merit: 130
In my opinion, IQ levels can greatly affect  ones; decision making and how someone approach such situations.
If that person is well informed and uses his knowledge to adapt skills, then there is a possibility that he will build his confidence on what he is doing and having confidence means he knows how everything works. Whether he may gain or lose at sometime, there is a possibility that he knows why such things happened and could accept it and move on to do better. Holding and handling emotions are very important. And I think have great knowledge is a great factor in establishing a good strategy.
member
Activity: 490
Merit: 28
Higher IQ means more calculation before try to act.
As we know trading is Risk activity so higher IQ usually not a trader because they are not interested on trading

Trader usually counting on guts,capital, and chance not knowledge
Even average IQ can do trading well because its not only IQ but sometimes emotional intelligence will take part specially in decision-making because there traders which is weak emotionally even if he is higher in IQ but weak emotionally sometimes emotions will prevail.


hero member
Activity: 994
Merit: 504
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".

Nope, those IQ test may only test your memory and not the way it can test your psychological mindset. But I think it can help a lot when it comes to trading.
legendary
Activity: 1862
Merit: 1015
Higher IQ means more calculation before try to act.
As we know trading is Risk activity so higher IQ usually not a trader because they are not interested on trading

Trader usually counting on guts,capital, and chance not knowledge
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