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Author Topic: Does IQ greatly affect a person's success in trading?  (Read 1266 times)
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April 18, 2022, 12:04:14 AM
 #221

I don't think IQ has a role to play in trading. Your IQ level is very high, but if you have little knowledge of trading then you will fail as a trader. In this case, the important things that need to be mastered first. I don't think IQ will play much of a role here.
as I wrote above, if you don't have an IQ above average how can you make a profit because those who have a high IQ must have the ability to adapt quickly and memorize basic trading skills and market habits. people who have a normal IQ must very rarely be successful in trading.
Maybe there is some truth to it but I don't see high IQ as the only reference they will be successful in trading,
Normal IQ will be able if they keep trying and practicing,
besides that trading is very complex and requires preparation of many things

Well, there is something that everyone should take into account, that every time an intelligent person is going to operate, it is something that should be paid attention to, in case a person who is successful in trading is not only astute, but has to understand many things that others do not see, the fundamentals, some things that a person can see beyond that is what I mean, although you have to take into account that there are people who have a special talent for trading, they are people who see certain movements and the they recreate in your brain and sometimes they happen, I think that an intelligent person will always have a very good chance of always making money.

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April 18, 2022, 06:55:04 PM
 #222

Well, there is something that everyone should take into account, that every time an intelligent person is going to operate, it is something that should be paid attention to, in case a person who is successful in trading is not only astute, but has to understand many things that others do not see, the fundamentals, some things that a person can see beyond that is what I mean, although you have to take into account that there are people who have a special talent for trading, they are people who see certain movements and the they recreate in your brain and sometimes they happen, I think that an intelligent person will always have a very good chance of always making money.
The advantage of intelligent people is that they can take advantage of every visible loophole to generate massive profits. Smart people are usually the ones who will be successful in anything because they are more focused on the solution, not the problem. when trading everyone will surely be met with many problems and only the smart ones can get away easily and make a profit.

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April 18, 2022, 09:41:04 PM
 #223

there is something that everyone should take into account, that every time an intelligent person is going to operate, it is something that should be paid attention to, in case a person who is successful in trading is not only astute, but has to understand many things that others do not see, the fundamentals, some things that a person can see beyond that is what I mean, although you have to take into account that there are people who have a special talent for trading, they are people who see certain movements and the they recreate in your brain and sometimes they happen, I think that an intelligent person will always have a very good chance of always making money.
It is not really that much of a big deal, it doesn't really require all the things you said. It requires two things, one is focus  because you need to be purely focused on trading when trading and you can't be just checking instagram stories while trading, that would be counterproductive (not impossible to do, if you are a veteran you may do it but wouldn't help at all).

Second one is studying and learning, there are people who are not so smart in many subjects, but smart about one subject so much that they became professors, I am sure my literature professor has no idea about trading, doesn't make him an idiot, also doesn't make him a genius because he knows a lot about literature. So just be like him, but instead of literature, just learn trading.

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April 19, 2022, 07:13:01 PM
 #224

The advantage of intelligent people is that they can take advantage of every visible loophole to generate massive profits. Smart people are usually the ones who will be successful in anything because they are more focused on the solution, not the problem. when trading everyone will surely be met with many problems and only the smart ones can get away easily and make a profit.
Loopholes? I think that one is for the hackers. I know hackers are smart but not all smart people are bad and will take advantage of any loopholes that they see. Sure, it gives easy and huge money but it still better to earn money in a clean way and it's okay if that was small amount.

Smart people can't do anything but in fact many smart people are being beaten by the people who aren't that smart but they are just wise. Not all smart people have all the good qualities in life, in trading for example, one trader can be smart but this trader fails when it comes to controlling his emotion so he can still lose. I.Q does affect but not to a great extent.
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April 19, 2022, 08:43:22 PM
 #225

If you mean IQ as per intelligent quotient generally I will say no. IQ has nothing to do with ones ability to trade. Trading is a game of emotions for those who understands how to interpret their chats well not gamblers hiding behind candle sticks.
To be a successful trader you must be:
  • knowledgeable
  • patient
  • Skillful
  • have the ability to control your emotions [/quote]
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April 22, 2022, 11:58:40 PM
 #226

In my opinion, it can be one of the elements, but not the decisive reason ifba succesful trading.
Trading is complex activities, combining the intelegence  discipline, emotional, behaviour, and also management systems.
It's the unity. If we only have one, it means nothing.
Because even we have done all, it doesn't mean that we will be a very succesful trader.
But ateast if we have those all, we can see and understand trading and make better trading and profits from it

R


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April 23, 2022, 02:32:22 AM
 #227

Iq itself is made up shit, stop depending on these measures. Anyhow, where were you gonna measure it? These yt and website 'Iq quizzes' which thrive on your attention?

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April 25, 2022, 12:32:55 AM
 #228

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 dont think it matters unfortunately I bought bitcoin and it flash crashed 3K in one day or so and now I can't get back to the original market level I bought at while I will not sell at a lose I will have to stare at the intrinsic value as long as it takes until I can sell to get my money back.  Just bad market timing you can't always catch the bottom of the market I thought we where going to go into the 50K bitcoin level I just miscalled it now I am stuck at a massive loss for now hoping for a 44k bitcoin its just the way things go sometimes yet its funny how annoying some can be constantly wanting to add insult to injury.  I will just have to wait maybe a month maybe a week however long it takes.
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April 25, 2022, 12:01:51 PM
 #229

In my opinion, it can be one of the elements, but not the decisive reason ifba succesful trading.
Trading is complex activities, combining the intelegence  discipline, emotional, behaviour, and also management systems.
It's the unity. If we only have one, it means nothing.
Because even we have done all, it doesn't mean that we will be a very succesful trader.
But ateast if we have those all, we can see and understand trading and make better trading and profits from it
maybe he will be good at analyzing and seeing market situations and conditions, and also good at managing finances, but someone's emotional level will be different, each person certainly has strengths and weaknesses. if emotions can be controlled then he can think healthy, so I think he can indeed succeed in the trading world, but if not, I think his IQ will be in vain

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