A successful trader must be an educated trader?

[patt0]

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.

[Harley_Quinn]

This is an optional criterion for trading cryptocurrencies on the market. I think you will learn to lose to learn from their mistakes.

[Slow death]

Is it true to state that every successful trader is an educated trader.

First you need to tell us what is " successful trader "

and

second you need to tell us what is " educated trader "

We know how trading is tedious,reading of chart, analysing the market and making a decisive decision.

make a good decision is very difficult and we can not always do it

"Daddy Bull and Baby Bull are standing at the top of a hill looking down at a herd of cows grazing at the bottom. Baby Bull says to Daddy Bull 'Let's run down and f*ck one of them cows Daddy', Daddy Bull says to Baby Bull 'No son, let's walk down and f*ck them all"

hahahaha

you have a good imagination

[Ayiranorea]

A trader cannot be successful through cryptocurrency trading if he is uneducated. He needs basic understanding and the knowledge to predict the market, without which it is impossible to be successful in trading. Even the lucky people cannot profit without the basic education.

[LuvCyanide]

Anyone can be a trader, but a successful trader is always an educated trader. He knows how to analyze charts, he knows about upcoming coin events. He knows when to buy currency or sell. He's not greedy and he's diversifying his portfolio.

[Stavri]

i dont think so. especially not in crypto market. when we check who made most profits in 2017, we can see that newbie and uneducated traders could one more comparing with experts, because they were blindly buying and it was a huge bull run that noone experienced before.

[evichi]

Being educated is an added advantage since you can learn faster. To learn more/ understand technical analysis requires reading/studying. If one is trading without a strategy or following/ using a particular technique,  then it may be described as gambling. Being educated is an added advantage but, in my opinion, It is not an absolute requirement.

[asyakashi]

I think that everyone can be a trader even an uneducated person. because the trader is trained with experience and experience not found in school.
requires only patience and can control emotions.

[Vness10]

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 are educated in trading because it depends to your strategy how to handle and to trade. Even your a educated person but your not willing to what trade means  or you want is only a easy money I think noting will happen to your life it comes to trade. Because even people not educated as long your smart and strategic you will successful in trading.

[KEPLER99]

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 is good but not necessary. I have seen many successful businessmen who are not highly educated. Just literate but many highly educated people work for him. Hard work, loyalty, time, patience and skills are basic things for a successful trader. Luck also a big factor in crypto world. But the main thing is hard work and experience.

[Ronaldcoin2017]

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 is good but not necessary. I have seen many successful businessmen who are not highly educated. Just literate but many highly educated people work for him. Hard work, loyalty, time, patience and skills are basic things for a successful trader. Luck also a big factor in crypto world. But the main thing is hard work and experience.

I think it depends upon the interest of every individual. I see that there are so many people around become successful in trading even if they didn't even know how to trade. Maybe if we have an interest and do trading and even if we start on low learning as well as we are happy of what we are doing maybe we can really get a learning that can be used on trading in the near future and maybe we can become sucessful if we wanted to. However being educated trader is an advantage and maybe everything may become simple.

[Elai101]

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 are educated in trading because it depends to your strategy how to handle and to trade. Even your a educated person but your not willing to what trade means  or you want is only a easy money I think noting will happen to your life it comes to trade. Because even people not educated as long your smart and strategic you will successful in trading.

Yes,because even a simple highschool student can be a good trader.Educated trader matters also but in crypto world the most wise and has more ability and style will be more successful.Traders with patient and focus.

[drmasa]

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 really don't think that reading charts can be useful in crypto trading. We are too low in volume for technical analysis, and a lot of outside factors can crush or pump te price outside the margins...
Education is something else. If you know how blockchain works, and know how to recognise where it can be commercialized, invest in that coin + patience , and then you must be successful trader-investor.

[Chachacoin17]

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 is good but not necessary. I have seen many successful businessmen who are not highly educated. Just literate but many highly educated people work for him. Hard work, loyalty, time, patience and skills are basic things for a successful trader. Luck also a big factor in crypto world. But the main thing is hard work and experience.

I think it depends upon the interest of every individual. I see that there are so many people around become successful in trading even if they didn't even know how to trade. Maybe if we have an interest and do trading and even if we start on low learning as well as we are happy of what we are doing maybe we can really get a learning that can be used on trading in the near future and maybe we can become sucessful if we wanted to. However being educated trader is an advantage and maybe everything may become simple.

Trading is not just about finding the best strategies, and practicing or sticking with it, traders need to develop certain traits and able to impose strategies effeciently. Being an educated trader is very useful and helpful quality  in attaining positive results and is resilient enough to deal failures. It develops the perspective of looking at life and being professionally inclined. Besides, trader should be patient, take discipline as of high regards, and be mentally and emotionally tough. A successful trader is someone who does not let discouragement pull him down, instead finding a way to bounce back from fall. Don't just be hardworker as a trader, be wise.

[kolbalish]

The transaction must be educated or it can not be successful. And the literal meaning implies that there is full knowledge about the transaction. If there is no knowledge, depending on the fate, then there will be no gain, rather it will be at risk. And otherwise, sometimes there may be profit.Fate do not always support. Most of the transactions are done online now. Online means everything is in English. It is important to be educated as well as significant.

[Marcel666]

A successful trader should be educated in the pros and cons of trading. You could survive in the field without indept knowledge, but to really make the most you should acquire more knowledge. Or hire a bot.

[s0beit]

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?

As for me, I believe that skills matter as well. Being educated is given because we won't be able to do trading successfully without having enough knowledge about it. However, I think it doesn't necessarily mean that we must gain any degree but we must just have enough skills about the basics of trading.

[KenChanYu]

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 is good but not necessary. I have seen many successful businessmen who are not highly educated. Just literate but many highly educated people work for him. Hard work, loyalty, time, patience and skills are basic things for a successful trader. Luck also a big factor in crypto world. But the main thing is hard work and experience.

I think it depends upon the interest of every individual. I see that there are so many people around become successful in trading even if they didn't even know how to trade. Maybe if we have an interest and do trading and even if we start on low learning as well as we are happy of what we are doing maybe we can really get a learning that can be used on trading in the near future and maybe we can become sucessful if we wanted to. However being educated trader is an advantage and maybe everything may become simple.

Trading is not just about finding the best strategies, and practicing or sticking with it, traders need to develop certain traits and able to impose strategies effeciently. Being an educated trader is very useful and helpful quality  in attaining positive results and is resilient enough to deal failures. It develops the perspective of looking at life and being professionally inclined. Besides, trader should be patient, take discipline as of high regards, and be mentally and emotionally tough. A successful trader is someone who does not let discouragement pull him down, instead finding a way to bounce back from fall. Don't just be hardworker as a trader, be wise.

Being educated has a great role to be a successful trader. It would open doors of becoming more creative and resourceful to decide and acknowledge on difficult situations. Studying the advantages and disadvantages of trading, learning different strategies or gathering important information can be of very great help and prepare yourself in facing any trading troubles that might be encountered along the way. It's also very important to not only put all these into mind, but also in actions and determining what's right from wrong. Information cannot be converted into knowledge without education. Education exists everywhere, and its up to us how we take advantage of it. It takes willingness, commitment, maintaining a dignified behavior, creativity, and knowledge to survive in the field of trading and becoming not only an educated trader but an educated person.

[Jericka D Ranillo]

In trading there is diffetent skill you can use to be more accurate in predicting how was the market will go such as reading candle sticks patterns. So I agree be a successful trader must be an educated. So you can avoid losses on trade without basis.

[hulla]

I agree that an educated trader are the successuccessful trader because been successful is the act of been thrive in a business expenditure and the level of information ones acquire determine the level of ones success.