A successful trader must be an educated trader?

[bettercrypto]

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 not necessary to be an educated trader just to earn in the market. In fact, we can earn tokens without any knowledge in technical analysis. But it is good enough to have knowledge in order for us not to lose a lot. Educating ourselves in anyways will help us to be successful. In addition, peopl will never fool us because we are ignorant in predicting prices and etc.

[concept2]

Trading is stable job. Even when you think that you know all the lessons, you can still lose your money. Educated trader are not 100% successful trader. And even a successful trader can be a guy that extremely lucky everytime he decides to buy a coin.

[zedicus]

Trading is stable job. Even when you think that you know all the lessons, you can still lose your money. Educated trader are not 100% successful trader. And even a successful trader can be a guy that extremely lucky everytime he decides to buy a coin.

Trading is not stable as it was very volatile and it can't be called as job. Youbare not working for anyone or to your boss. You trade for your money to earn and for your satisfaction in life. Every successful trader is knowledgeable and most often a year from now that started to trade because you have to watch bitcoins and seasons for a year and have some good skills in any ups and downs of the market.

[nl247]

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.

Do you know that education can't teach you better lessons than the experience.There is difference between the knowledge and studies that not all the studied individuals are not knowledgeable and not all the knowledgeable person need to be educated.Yes as you said the success can't come to us in a single day it only comes with great experience which takes time.

Experience is definitely needed to even become a professional trader over time, but any newbie trader that skips the learning part before even pursuing the experience will be so much damned at the end of the day that they will so wish they never set their eyes on trading. The essence of experience is to build on the things you have learned and if there is no knowledge to actually build on, then you are going to be making terrible mistake and ending up frustrated before even starting.

[odb1]

I dont think so that education is must for trading, I have seen many examples where traders are not educated and only have basic education but they are making huge money on daily basis. Just they pay attention to the videos on youtube where we can how to trade and when to but the pairs, when and how market moving.

[rickadone]

Of course it is not true , nobody asks you any college degree when you want to register and do trading , but if you want to get some profit and make you average you should read some books and see some youtube videos , you may not believe that yet but i believe that knowledge has a straight relation with your wealth , more books you read and more information you get , more money you will get .

No one is saying you need a college degree to trade, but there is lots of information online that will guide you on how to trade. Trading is a profession and have you ever seen a profession that someone would just end up starting without at least learning some basics ? No way. Try it and you will end up a tagged failure at the end.

The essence of learning is to know the basics, the use of indicators and to do some analysis, and experience will then over time help you get better. They are like phases and you do not want to leave one out before focusing on the other.

[trickyriky]

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?

He has to know a lot about trading. Therefore, he needs to spend really much time for self-education. When the trader knows a lot about the strategies of the business he has chosen, he will succeed.

[saraiwikan]

I don't think that you need to be an educated trader just to become a successful trader. You can always have the experience, loosing will make you become a successful trader.

[Marcel666]

I strongly believe, that one must be educated in whatever field you are into. I don't think you'ld last long as a trader, relying on luck or speculation.
Consume knowledge and make profit.

[liivii]

I don't think that you need to be an educated trader just to become a successful trader. You can always have the experience, loosing will make you become a successful trader.

Indeed experience will make you a better trader, as long as you gain experience on your everyday trading you will feel more comfortable on what's your task. Being an educated person I guess is just a bonus qualify of your because here strategic person have more chance of earning huge amount of money compare to those educated people but doesn't know what's really trading is. Most of the time those people who have passion and perseverance are the best fits to this kind of system where strategies will be the one who dictate the outcome of moves did by such an individual.

[Osakrita]

Trading involves a lot of time ,dedication and extensive studies. If you do not do enough research,the chances are that you will lose money.Education is important to be a successful trader.You will need to study chart and know all the technical analysis.You also need to have access to informational (fundamental analysis) that will be of influence to the price movement

[trixxie]

Definitely, must have to study on how to know how to be a good trader

[mega]

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?

Agreed,Education is must where ever you go.Here educated trader mean a trader fully aware about trading and having trading and technical skills. Without knowledge wrong decisions can be made which result loss of money.

[zpopdream]

Well, not necessarily, but it's important to have some skills and background: understands how the market and trading works.
as it's not the best idea to rely only on luck and intuition.

[PancherBitCoin]

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?

Agreed,Education is must where ever you go.Here educated trader mean a trader fully aware about trading and having trading and technical skills. Without knowledge wrong decisions can be made which result loss of money.

in any case, every trader in the world kriptovalyut is practically self-taught. Nobody and nowhere and no schools will teach this. Therefore, each person studies what he considers necessary and if errors occur, then learn from his mistakes .

[angrynerd88]

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 think if one who trade without knowledge will loose in initial stage,May be due to course of time and past experience will make you expert.So it is no doubt the successful traders are educated they know about the market and the history of coins and take decisions accordingly.

[supine]

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 necessarilly educated but I think knowledge and skills is enough for us to succeed in trading. Trading doesn't require a high level of educational attainment but just skills to understand the basics of trading. If we'll all just willing to learn, we would be able to apply it appropriately in trading.

[zanezane]

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?

Agreed,Education is must where ever you go.Here educated trader mean a trader fully aware about trading and having trading and technical skills. Without knowledge wrong decisions can be made which result loss of money.

in any case, every trader in the world kriptovalyut is practically self-taught. Nobody and nowhere and no schools will teach this. Therefore, each person studies what he considers necessary and if errors occur, then learn from his mistakes .

Indeed as experience is essential to be a good trader. Yes being well educated will help you a lot in trading but this doesn't make sense if you don't put into reality and exercise it to gain experience. A lot of tutorial videos in YouTube but are they saying it through books or through experience? It's hard to teach something when you know the fact that you still don't experience any of it. Still, experience is better than just being educated.

[ngacengan]

to be honest I have been very successful and able to do traders and can generate profits very much but I do not really like and have no desire to educate and learn new players except my family, I am more concerned with family than others.

[Nhor1011]

      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.