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Ewox
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June 19, 2018, 07:24:26 AM |
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Of course, a successful trader would have to be an educated person because how would you know the mechanics of trading if you barely know the real deal. You have to have knowledge about cryptocurrencies and trading itself to work harmoniously when you do invest your money or else all will be worth nothing.
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Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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harjiy
Newbie
 Offline
Activity: 98
Merit: 0
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June 19, 2018, 07:27:21 AM |
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It is very important for all trader to be educated is an advantage and going to help slots when trading.
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yslyv
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June 19, 2018, 07:42:57 AM |
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yes education is important if you know financial items, paremeters and indicators they can really help you. but for crypto market they dont work pretty well. because there are so many manipulations going on here. experience is more important than education here.
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turn the page
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Cling18
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June 19, 2018, 04:07:41 PM |
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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?
Education and deeper understanding is a must in this business. There are parts and aspects of crypto that would be needing enough knowledge as well. We might not need a degree here but we need enough education to cope up and adopt all the changes that we might encounter here. |
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imking
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June 19, 2018, 04:20:21 PM |
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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?
The secret formula to become a successful trader is discipline and have control over yourself. Do think if all the intelligence is the key. Now we have a lot of people become successful in making money on the trading. It is not only mean that we need to be an educated trader to become a successful trader. It should be both educated trader with the self-discipline. We cannot be a success if we don’t have the two keys. |
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shashikamal
Member
Offline
Activity: 197
Merit: 10
dApps Development Automation Platform
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June 19, 2018, 04:23:49 PM |
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In my experience, who is keen in to market conditions is a good trader. Who can speculate the market movements does this trading job well & earning smart money as well. Of course it is a plus point being educated though you should be top level researcher about market or a particular coin. I can suggest you few tips to start trading well. Be on alert about market movements, always find & follow a method of trading even which can be unique to you but stick in to your method. Short term trades are not advisable but short & long term trading can be more beneficial.
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Kupid002
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June 19, 2018, 06:06:44 PM |
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No I'm not agree that every successful trader is educated.I have a few friends that use trading and he/she is already successful trader now.but he/she is not educated person.maybe other people is educated and being successful traders.
High level of education will become a good thing for traders. But since there is no formula to be able to get steady income, high degree of education isn't the only thing to be able to be a successful traders. You right high eduaction will probably give you additional positives to increase the likelihood of profit. but that doesn't mean profit is generated only from high education only. many traders do not go to college. like my friend but he is very smart in trading strategies. and generate huge profits not just to be an educated but the rate of your for being a knowledgable can also give you to think the best choice and the best decision that you can actually have to decide for while you are here in crypto well i believe here that edcuation are not to be your rate to be for being as good as well. |
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Evil eye
Jr. Member
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Activity: 210
Merit: 1
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June 19, 2018, 07:11:26 PM |
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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 businessman, he must be educated. Because there is a lot to consider when trading in the exchange market needs to be bought - sold. And it is not possible by an uneducated person. Trading in statistics, statistics and market ideas and the possibility of making profit are more likely to be beneficial. So it is very important for a trader to be educated. |
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websoftwareengineer
Full Member
Offline
Activity: 364
Merit: 100
Blockchain with VTOS energy
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June 19, 2018, 07:19:10 PM |
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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, every trader in the market who are earning a huge amount of profit are very well educated on the current situation of cryptocurrency in the industry and that is the reason why they are successful on trading because they knew the pros and cons before joining the market. |
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ArnoldChippy
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June 19, 2018, 08:27:01 PM |
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I think to be succesful trader we don't nees to be educated trader, because the main thing on trading that you need is experience. You must believe on your trading experience, in trading the lucky also needed, but if you have done all of your effort then you just need to wait for lucky. Educated trader not certainly always gain profit.
Experience is important no doubt, but we also cannot ignore the importance of education for a successful trader, specially education that is related to your profession. Education make you broad minded, It increase your capability and help you in capacity building. I think education can play an important role in trading. |
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danherbias07
Legendary
Offline
Activity: 3122
Merit: 1119
Leading Crypto Sports Betting & Casino Platform
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June 19, 2018, 08:49:53 PM |
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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 true. Just basic education from schools and understanding math could get you some money there. Do you mean a trading school? You dont need it. I have already gained some money out of trading without being there. Just experience and monitoring prices made me profits. But it takes a lot of time. Good thing binance already had an application for android so I can do it anywhere and check prices of different coins. |
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sgenuine
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June 20, 2018, 07:54:10 AM |
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It all depends on the way that you use to trade, if you are not experienced enough, you are not going to go anywhere with your trading methods, that is why you need to have experience
Experience comes with time only. However, you can educate yourself reading the literature devoted to the cryptocurrencies and blockchain and watching videos about these things. |
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Hell-raiser
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June 20, 2018, 08:24:38 AM |
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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?
You don't specify what you mean by being educated. Do you mean a degree in economics or what? If so, then it would definitely count as being a highly educated person but does it mean that you will be successful in trading? Not in the least. The history knows a lot of examples when highly educated people, even famous and distinguished guys like John Keynes or Irving Fisher, lost massively in the market. So being educated is not a guarantee of profits. On the other hand, you may not have finished college but if you have capabilities in this field, you may easily outperform dudes with economic degrees and steep IQ's. |
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ronsaldo
Member
Offline
Activity: 217
Merit: 17
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June 20, 2018, 11:44:45 AM |
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To be called a successful trader , it is not necessary that you will be an educated person. The most important in crypto trading and investments , is you must be good at observation. You must observe first the flow of the price charts before investing or buying the specific altcoin you want to trade with. You can have profits if you know how to trade well.
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Ryker1
Sr. Member
Offline
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
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June 20, 2018, 01:50:41 PM |
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If we say that to be a trader one must be knowledgeable, then that knowledge comes from education. Educated trader will make a judgement and better trade than non educated trader.
Ofcourse, it's similar to a battle of experienced vs inexperienced. To be good at something, or to be a master rather, you should educate yourself first, you should research first so you can be knowledgeable in trading. Most of the successful traders are the one who's full of experience. Since loss in inevitable, we can say that once you become educated in trading, your loss will be less, and it will lead you to success. |
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"I could either watch it
happen or be a part of it"
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jannatakter
Newbie
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June 20, 2018, 02:32:11 PM |
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I agree with you a trader learn some skill, trick and analysis then he can success a trader gain knowledge about trading a successful trader make more profit
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tanjilrifat
Newbie
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June 20, 2018, 03:06:01 PM |
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A person can be educated in different aspects. The most important in crypto trading and investments , is you must be good at observation.
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Coin-1
Legendary
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Activity: 2450
Merit: 2190
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June 20, 2018, 03:31:37 PM |
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I think to be succesful trader we don't nees to be educated trader, because the main thing on trading that you need is experience. You must believe on your trading experience, in trading the lucky also needed, but if you have done all of your effort then you just need to wait for lucky. Educated trader not certainly always gain profit.
Experience is important no doubt, but we also cannot ignore the importance of education for a successful trader, specially education that is related to your profession. Education make you broad minded, It increase your capability and help you in capacity building. I think education can play an important role in trading. I agree with you that education is important in trading. But education means mostly a using of technical analysis which is almost useless on the highly manipulated crypto exchange markets. Who can teach the trader to read and correctly analyze the news? Only himself. In my opinion, the successful trader must be involved to the crypto currency world and be acquired about the current situation in the world politics and economics that impact on the prices of coins. Education is important to avoid a gross well known mistakes in trading. |
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vishudda
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June 20, 2018, 04:23:08 PM |
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To succeed in the trading at least, they should be able to analyse the market trends and statistics in order to trade better. They cannot proceed without knowledge of the analytics latest trends, also they can not depend on someone to update what is happening with the market.
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thedino
Newbie
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June 20, 2018, 05:50:52 PM |
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Always Use a Trading Plan
A trading plan is a written set of rules that specifies a trader's entry, exit and money management criteria. Using a trading plan allows traders to do this, although it is a time consuming endeavor.
Protect Your Trading Capital
Saving money to fund a trading account can take a long time and much effort. It can be even more difficult (or impossible) the next time around. It is important to note that protecting your trading capital is not synonymous with not having any losing trades.
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