A successful trader must be an educated trader?

[iqlimasyadiqa]

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?

Educated in the sense that a trader must have a lot of knowledge and also experience. Because it will greatly help a trader to analyze and then make a good decision. Trading is a job that requires precision because without it then we will only get failure.

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[ToyotaFortuner]

it should be like that anyone who can get rich from trading should be able to educate new players so that it can give lessons to new players and can enjoy the benefits as well, but many are not like that.

[futureofeth]

All people cannot become rich in trading because there are different kind of people some people like day trading and some people like holding the coins. So all of them will learn through educating them selves and through experience they may become professional.

[RiskySanchez]

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 don't think so, trader must be more than educated, trader must dare to act and do not hesitate to take risks because crypto currency value is not known but 1 thing that trader must have feeling on every strategy to be taken

[asyakashi]

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 strongly agree with your opinion. Without education a trader can not read charts and analyze things. Because of our learning will make us smarter and can analyze. Without education we will even be caught in ignorance

In fact, successful traders do not graduate from school, not even university graduates.
they gain knowledge from experience and learn on their own.
I do not think it matters.

[seinzein]

all depends on the skill.
if we have a good skill and good at analyzing market,
all is well, skill comes from experience.
how often and how we learnt from experience.
another reason is lucky
how hard we try if not lucky, poor we
but we don't need to think much about luckiness,
because effort will never lie the result.

[nelsledma]

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 just for traders or successful traders as your have said, education is very important to everyone no matter what you’re doing or the kind of business you’re into. If you’re not educated, you wouldn’t be here today. That’s why they say that illiteracy is a disease. Even if you don’t complete your education, you should at least know how to read, write and speak good English. If you’re not educated, for you to succeed to will be a very big problem.

[ipanks]

all depends on the skill.
if we have a good skill and good at analyzing market,
all is well, skill comes from experience.
how often and how we learnt from experience.
another reason is lucky
how hard we try if not lucky, poor we
but we don't need to think much about luckiness,
because effort will never lie the result.

so it means, every trader should be an educated trader by learning much information or lesson that he can find on many websites. I think if someone can learn about something that related with his works, I am sure that he can reach the success for his life and it's only a matter of time that will come to him. as long as we don't stop to learn about what we did and still doing what we did, there will be a success in your life.

[jporter80]

yes,you must be educated,
it is necessary to adopt a few basic rules;
1.you must be in line with market sentiment.
2.define yourself as investor or speculator.
3.determine the signal base on which you trade.

[cgrimalkin]

Forex trading is accessible, exciting, educational and offers traders lots of opportunities. Despite all this, many traders fail to achieve good results in this market. In fact, a high % of Forex traders are losing money.

[seofulvin]

The best way to learn is visit our Forex & CFD webinars and also examine trading terms so that educational materials are easier to understand. We at Admiral Markets provide numerous such materials, which you can find in the Forex education section.

[Scavagers]

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?

It does not always needed to become educated, what I mean to educated is that someone who finish a college degree. I know some people who do not even reached college and they are good at trading, not yet successful but I can see that they have the skill and the knowledge. Knowledge can be acquired anywhere, knowledge is everywhere. So,even though someone does not finish college, he can learn from his environment, for example is from reading books, or even in the internet. There are many sources and if you are willing to be a trader, you will allot time to practice trading so that you will enhance your trading skills.

[nazaididuan1]

I do not agree with this point of view! Successful traders come from all kinds of people!
Educated investors, good at analysis, good investment planning! This will not lose money!
Some investors have not been educated. Investment based on market experience can also be a successful trader!

[roddur]

a successful trader may be need experience.

[klaaas]

I would say there is a difference between traders who learned it in the field and those who got there knowledge out of books.
Both will have the know how sooner or later if they are eager to learn how the game is played.
If you manage to keep your day trades in a + your successful.

[BTCHadzija]

Education (knowledge) is the best investment one can make

both knowledge of the market and knowledge of one's mental capabilities are important and no amount of money can measure those

[TheDarkRide]

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 strongly agree with your opinion. Without education a trader can not read charts and analyze things. Because of our learning will make us smarter and can analyze. Without education we will even be caught in ignorance

Education is a good weapon but it isn't the main variable to determine wether a trader will be success or not. Experience is also take an important part in the trading world.

[Xtez]

I think it is based entirely through experience, you dont need to be "educated" like with a higher education - but practice.

[sirmitchel]

I also think that experience and knowledge on the subject can help a trader a lot on the market.
Experience is the critical education one must acquire and  endure through several failures and
successes to establish oneself a truly outstanding trader well equipped to handle market situations
at all cost. Experience truly is the best teacher.

[vinbentrob]

This statement is not far from the truth.  If you are S trader and you can not decode the market future or the direction of the market in short to long term basis plot your chat, then you may need to quit.  You need education to trade.