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Author Topic: A successful trader must be an educated trader?  (Read 2544 times)
KesoNie
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May 13, 2018, 02:35:26 PM
 #101

Yes i agree with that, to become pro trader should be through education, not only education about technical and fundamental analysis but also important education about psychology of trading, because actually psychology of trading is bigger factor that possible to make consisten profit.
I believe that in doing trading knowledge is a must. I believe that those successful trader was equipped with their knowledge that they gain through their experiences, through their own research and through their own techniques and strategies. It also important that the trader should have the courage to extend their knowledge and willing to earn more knowledge.
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May 13, 2018, 03:45:56 PM
 #102

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 do not think so, because they could have expertise to trade by learning themselves through the internet and Youtube. Learning does not have to be in class, learning can be in all places and learn can be with any media. Most importantly comfortable. The graduate of economics traders do better understand many theories than the self-study
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May 13, 2018, 03:51:26 PM
 #103

I wholeheartedly in agreement with the statement in the heading of this thread! Education solve problem not guess work! With good knowledge of trading, you do not only make profit but you also become a resource person also!

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May 13, 2018, 04:08:45 PM
 #104

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
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May 13, 2018, 04:13:53 PM
 #105

Yes i agree with that, to become pro trader should be through education, not only education about technical and fundamental analysis but also important education about psychology of trading, because actually psychology of trading is bigger factor that possible to make consisten profit.
I believe that in doing trading knowledge is a must. I believe that those successful trader was equipped with their knowledge that they gain through their experiences, through their own research and through their own techniques and strategies. It also important that the trader should have the courage to extend their knowledge and willing to earn more knowledge.
You should really open yourself on learning up new techniques and ideas which you can possible gain thru trading.We might not able to get profitable at first but our experience would really lead us to the process where we do already gradually improving ourselves. There no man that do starts to be professional directly when he do encounter a thing on his first time. Learning up and educate yourself on the basic and the rest would be thought on what you had experienced along the way.

Mystika
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May 13, 2018, 04:33:59 PM
 #106

i think it is best for a trader to be educated because it can sense the flow of trading, weather when and where to trade. knowledge in forcasting trade will help you earn profit and leads to less loosing your gains. it should be better educated so that you it can be usefull in your future trading.

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May 13, 2018, 04:38:02 PM
 #107

I do not think it necessary, the most important is to know about crypto and can analyze the coins to become a successful trader
usama98
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May 13, 2018, 04:38:57 PM
 #108

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?
Obviously it is a technical field and it deals with computers and other electronic devices and other than this it is all in English so an uneducated person can't perform that good.
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May 13, 2018, 05:16:51 PM
 #109

I don't agree with you, yes its right maximum successful traders are educated,  but I saw many people they succeeded for their own knowledge,

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May 13, 2018, 06:46:22 PM
 #110

by saying educated if you mean just the education in school than you are wrong because so many people were too successful in trading even without going to school and they have made millions
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May 13, 2018, 07:41:23 PM
 #111

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?
So, who do you think will train them? Schools ? No, I think all that makes up their success is the experience from the tedious transactions you're talking about. in the addition, There is also objective information from the outside that influences the market that they can know.

Gaff
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May 13, 2018, 09:05:23 PM
 #112

Yes i agree with that, to become pro trader should be through education, not only education about technical and fundamental analysis but also important education about psychology of trading, because actually psychology of trading is bigger factor that possible to make consisten profit.
I believe that in doing trading knowledge is a must. I believe that those successful trader was equipped with their knowledge that they gain through their experiences, through their own research and through their own techniques and strategies. It also important that the trader should have the courage to extend their knowledge and willing to earn more knowledge.
Being educated and professional helps you to have a long way to go, specially in trading since it carries losses and risks unpredictably. It is very important to be able to possess quality traits and proper attitude as a trader because it serves as a guiding path and sets mood to be positive and patience to take the risks. At some point, I think knowledge is power in everything that we do and executing it productively. Most of all you should be determined to learn and be goal-oriented to be successful in trading.
kojoannan
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May 13, 2018, 09:15:40 PM
 #113

A successful trader can be a good trader without necessary being an educated trader. If he can read and understand what he is up to with his little arithmatic knowledge, I then think is sufficient for him , rather than be a book long.

xali
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May 13, 2018, 09:22:46 PM
 #114

Of course that you need to have some previous knowledge, and if you are not educated, how the hell are you gonna read charts, understand what is gonna happen, or what can make the price change?

someone else had been posting on my account for over a year; Every post from January 10 2017 to June 18 2018 is NOT ME
Whoever this person was that got access to my account, felt the need to shill something called "bidium" in my signature
very surreal. is this normal? the internet is full of crooks... watch out
Lagrood
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May 13, 2018, 09:37:54 PM
 #115

Crypto market is more comfortable market comparing with stock, commodity and derivatives one because there is no so much predators who wants to eat amateurs. Anyway a stock market and others require much experience and they fit for professionals more but in the other hand crypto market is more liberate and fits for amateurs as well. I like crypto market.
Ailmand
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May 13, 2018, 09:47:10 PM
 #116

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 agree. Having knowledge about how the market works and what assets to trade for is always a plus to ensure that you can actually have more successful trades. It's hard to just wing it in this market because of the reality that it is imbued with so many alleys to make you lose your investment. And so, it's not so easy to actually be successful, especially in the trading market without possessing the needed knowledge, experience and weapons to go after good deals. Knowing what to trade, when to trade and when to be patient are all but important characteristics a successful trader should have.

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May 13, 2018, 09:50:55 PM
 #117

Educated traders are more successful in general because they have a base to build on, but like with other professions if you are experienced and have a lot of time to research then moon is the limit.
QueenOf
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May 13, 2018, 11:39:06 PM
 #118

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 agree with the opinion that the successful trader is educated. but not all.
because experience will also make a person successful in trading
darewaller
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May 14, 2018, 06:24:24 AM
 #119

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.
Anyone who is not educated is just gambling and it is about time it ends up catching up with them. There is absolutely no way you would have been trading for a long time without the use of some analysis or the help of some indicators and the only easy way out of that is to be knowledgeable about them otherwise you are going to be destined to fail.

How do you know how to use a tool unless you learn how to use them and I believe experience will not teach you how to read divergence on MACD or RSI.
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May 14, 2018, 06:59:38 AM
 #120

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 agree with the opinion that the successful trader is educated. but not all.
because experience will also make a person successful in trading

If you don't want to lose your capital in trading better to study how to done this thing in the right way. Make time knowing how to use indicators, read some news and realize how this thing can affect the price of cryptocurrency. A successful trading doesn't happen overnight it will take more time before you consider yourself as a successful one.
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