A successful trader must be an educated trader?

[campica]

That is not true, especially in crypto market. Before I was started to trade with crypto , I never do thing like that. So it was my first time trading and I earned good money , based on luck and not knowledge. Today when I trading with altcoin , I do it on same way. I buy on low and sell on high and that isn't a big knowledge about trading.

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[shawonngp]

Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?

yes a educated trader must be success cause of he knowledge about trade and understanding about any movement on trade. His basic knowledge is fast and he can any risky decision for trade

[qwertyup23]

Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?

There is a huge boundary between an educated trader and an experienced trader. An educated trader has the necessary knowledge, techniques, and theories about trading while an experienced trader gained his expertise from experience. Think of this way, companies would rather recruit graduates who have work experience over fresh graduates with honours. Being a successful trader does not necessarily means that you must have a degree with financing or business but it will certainly help you a lot. The key point here is experience as it determines the success of your profession or not.

[charlotte04]

Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?

To become a successful and profitable trader you should be at least educate yourself a little and it is more on your psychological thinking in trading.

[Nasty23]

      It is true that education is a must for everything we do specially like we did in crypto world that includes trading and investing. But i think also that a successful trader not just educated but well experience in trading industry. we can say that the trader is successful if they gain more profit and minimize losses,because those educated in trading are not all successful,some of them has a big losses than profit. Experience with learning and knowledge is the way to success in doing trading.

Yes to become successful in trading we are not just become educated but also well experience so that we are ready for the losses that are possible to come and make a good strategy for it so that the losses that we are experienced are change to gaining a huge profit. Become well experience also help us to control our emotions and make our patience longer so that we didn't missed a good oppurtunity in holding a long-term or making a short trade.

[Briella18]

of course, being a trader must be smart, not only reading a chart, they should be good at capital management and also how to keep the emotion and mental up even when coin or market being blood bath

[chocolaty]

Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?

Having the skill and ability to analyze technical stuffs of coins in crypto market is indeed an advantage for the trader. It is much better to know how to read these charts because the risk will be lesser which means your trading experience will be more efficient, effective and more strategical. Unlike trading that is carried by just mere FUDs, opinions and observations of other people.

[Monnt]

Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?

Not all trader are going to the process of educating in a decent one some of them and even most of them and I am talking about the first traders are self thought because there is nothing like this before so what will you teach them. Then not all of them are educated and not all successful people are all educated even if not in trading but in life. It is aboit the skills and how will you take those opportunity to reality. If you work hard and work smart them you will be successful in trading educated or not

This is the first priority and every investor should consider and give the highest and major importance to the education of trading and investment. A successful person is so called successful if he has knowledge and run the trading system according to the market principals and rules. Success is impossible without getting and having knowledge of the market and the nature of work.

[Finestream]

Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?

Having the skill and ability to analyze technical stuffs of coins in crypto market is indeed an advantage for the trader. It is much better to know how to read these charts because the risk will be lesser which means your trading experience will be more efficient, effective and more strategical. Unlike trading that is carried by just mere FUDs, opinions and observations of other people.

Yes.An educated trader has really an advantage compared to others who have not been into a formal education but i believe not all educated people can be a successful trader in the making.There are those individuals who are lucky enough to possess their own skills and special techniques which will help them to be successful in trading.

[LuffyD.Monkey]

Absolutely. Without education and experience, trading doesn't differ from gambling. But trading knowledge comes at a high price...you need to lose some money to gain that knowledge and experience, and most importantly the mindset. it doesn't come cheap. You mustn't be afraid of losing money..consider that loss as an investment.

This is not a very basic condition that a successful trader must be educated or Harvard graduate. There are people from poor and uneducated backgrounds but have gone a long way for they understand the market and know which move to make at which phase of the market. This knowledge makes a perfect and wise trader and earns him great money. The marketing MBA is all about this stuff.

[Uno17]

Education is one of our basic needs, but it is not necessarily to be well educated to become a successful trader, even those who are lack of education have the chance to become a successful trader, and become rich, as long as you understand the method of trading and study well the most effective ways and techniques. There is always if you know the right way to trade.

[veejay2716]

Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?

Yes I believed on that, a successful trader must be an educated trader because simply you have to know and think very well before you put out your money and have decisive decision before making an investment.

[Supercrypt]

Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?

I believe that a successful trader must be an educated trader. Anyone can make a profit in a growing market. But to see the change in trend, the traps of market manipulators, the impending price reduction, correction, etc., you need to be a competent trader.

It is definite. Even as an educated trader, you will still be bound to make some mistakes and that is where the experience is not going to be coming from, but there is absolutely no way anyone can just hit the chart and think they will just end up doing well without at least learning what is necessary to help them pull through first. That is an absurd way that has made a lot of people loses so much over time than what they really bargained for.

It is either you study and you do well as a trader or you refuse to study and you do worse as a trader. There is even no two ways about it.

Trading is quite complex most especially in the cryptocurrency space and anyone who is not ready to learn is only going to end up counting huge losses at the end of the day than they would even imagine. It is important to know that the only way to stay careful and make good decisions as a trader is with the availability of strategy that can only come with knowledge.

[royale143]

Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?

Definitely mate. It's hard and utter counterproductive to trade if you just planning to wing it because you would just end up losing your investment in most cases. This market is not be just "winged" about, and even if you may actually have the chance to get good deals using that method. I don't know if that can last for a long time because of the fact that this market is just so unpredictable that, more often than not, even seasoned veterans, after much planning, still fails in their investments.

[bitctrimor1]

A successful trader somehow should be educated, you clearly can't trade according to news and other people's analysis and predictions in the long term so you should be educated or educate yourself.

I agree. I mean, you don't have to be all-knowing, but at least, you should have ample knowledge to help you be guided with your trades and dealings because, if not, it would be way to difficult for you to find some reason as to why you are doing a specific trade. The thing is, this market just has a lot of alleys to cripple your investment as evidenced by the many people who are crying over losses despite totally doing their homework. Having said, if you would plunge into it without knowledge, you are just adding more unwanted risk.

[mimienamphine]

Education they say is the key to everything because if you do not have knowledge in the market you are trading in how do you make informed decisions.You can only get knowledge through education either self education or through the four corners of the classroom .A trade has to search and get the latest market figures and trade wisely.

[cryptobluemoon]

trading is day to day learning activity we should learn the skills and apply the skills at the same time and wait for right market movements to take profits

[coinplus]

Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?

I guess it depends on the markets people are trading. Some markets respond very well to both technical and fundamental analysis. Basically the traditional markets work this way, so on this case, the more knowledgeable the trader is, the higher his chances to make good trades. On the crypto space, the markets don't require a lot of analysis, simply because they don't respond that well. They are very speculative, and are probably somewhat manipulated so you just need to keep things simple and you will need a higher degree of luck in my opinion.

Normally, there is no way you can even be consistently making good trades without having some pretty good knowledge to be able to draw up trading strategy for yourself. For a market as volatile as cryptocurrency, you would even want to be very careful not trading without any knowledge as things may get horrible pretty quickly that you will be counting a huge loss than gain. For any market, as long as you want to make good trading decisions, learning is by far important.

[wayaneka]

Yes i agree with that, to make profit from trading should be learn all about how to make it, and only by education we will know how to starts trading with right rules and strategy. Education how to manage pscycology of trading is also important to become expert trader that possible to make profit in consistent. Education by join trainee from professional trader will help to have better experience in trading world.

[Dimon8]

To be a good trader does not have to be educated, because education is based on facts and events of the past. The market is constantly changing and the rules of trade are changing. To successfully trade it is enough to have a clear and sober mind.