A successful trader must be an educated trader?

[tntdl]

I know some investors and they are very knowledgeable about codec trading, but in the end they still fail. What is the reason? Are not they lucky?

[harbin55]

Yes, of course, a successful trader must be an educated trader because if you are going to start a business like this and you have no background and enough knowledge about this business do you think you will be a successful trader  in this industry so thats the reason why.

[Neglected Person]

Must be educated for trading. It has to be said, education is the backbone of the nation. Just like the backbone of trading, it is said to be educated. An uneducated person will never be able to trade well, because there is no knowledge about his trading. Educating is very important for successful trading.

[mimienamphine]

Education will help any trader to make informed choices and know the right time and avenues to invest their money and by so doing they will be very successful traders and make good profits from their investments.An educated trader indeed is a successful trader is really great and that will make the trader enjoy good success.

[Jesabela04]

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 believe yes. Our knowledge and understanding about it is an advantage specially when we all got the skills to do the given tasks here. It will take a lot of courage before we are able to adopt and understand the basics here so I believe that being educated in really an advantage for us to do the given tasks well.

[Chachacoin17]

Yes, of course, a successful trader must be an educated trader because if you are going to start a business like this and you have no background and enough knowledge about this business do you think you will be a successful trader  in this industry so thats the reason why.

Trading in schools isn't a subject for every students, then why we need to be educated? More traders who been successful hasn't finished their college degree most of them including the person I've known personally was an engineer, but don't work according to their field. Right now they're not a successful engineer of whatsoever, but a trader who earns profitable income with a definite skills to fulfill his dreams in life. If we study in school it was only for theoritical aspects with academics, but if we talk about cryptocurrency there's no school for that and you only need experience and advice coming from long time traders as your mentor.

[Kidmat]

Must be educated for trading. It has to be said, education is the backbone of the nation. Just like the backbone of trading, it is said to be educated. An uneducated person will never be able to trade well, because there is no knowledge about his trading. Educating is very important for successful trading.

Without knowledge at all in crypto definitely no gain no money. It is important that a person must be educated and knowledgeable in every aspects in trading to be successful.

[shaadsufi]

Knowing English and mathematics is required before starting trading because these 2 are the important thing to know before trading if your English is bad you can not follow the news and all and if maths is bad you will not be able to calculate your profits and loss.

[liseff3]

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 a successful trader is a trader who wants to learn to understand the trends that occur of course with a persistence, because by doing that way can educate ourselves and the last is a lot of capital.

[YoungMaster]

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 I seen many professional traders start from zero and they weren't always that good in math, economic, and calculus.
So I think a best trader not always come from the educated person, And experience is what all we need in trading to get the good profits.

[Pattart]

Some do not have an in-born trading skills which they need to earn in order to be in the trading field so some need to educate themselves to know that skills and to be one of those pros and learn many strategies and techniques to earn big profit.

Of course skill in the trade does not directly exist naturally but sharpened and educated by continuing to learn and try. so your skills in trade will be great. but the skill gained does not educate from formal school. you can just learn self-taught by reading various articles and forums and keep trying

[StephenieDuong]

More than 90% successful traders been educated and without learning, trading become a gamble. Wining few times in trading without learning, that is lucky and those profit money can go anytimes.

[mrclark]

Trade daily to earn knowledge. All businesspeople and successful people who are interested in and who are actually interested in Ph.D. help in getting a lot of experience in having a daily business. It is said to be educated. It is a lot of courage to take on a businessman who is able to earn profitable income with a specific skill to meet his dreams in life.

[isidrorex]

Yes, I am not really that big and successful trader, but in my own experience, what is important in the cryptocurrency world is that before investing your money, invest yourself first. You have to be an educated trader before putting your money at stake. You have to invest your time first to study and learn the basic of crypto trading so that by the time you start trading and handling your money, you know what to do to gain profit and make your decisions in trading more precised and more accurate.

[manggis97]

Yes offcource, before jump in to high risk of trading activity, all trader should be get education  how to make profit consistent  with lower risk, and to understand  price action of crypto.  Every  trader should learn it from other experienced  trader and join trading course.  Never jump in to trading Activity  before have skill and knowledge  how to trading right.

[BLAST2MARS]

You cannot apply anything appropriately if you do not know so much about it. Trading does not only involves technicality but you need to make your own strategies depending on the mood of the market and always adapt to what's new.

[hispout]

      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.

That is really good to see you saying this. Well trading have good number of successful stories than investing and gambling. Gambling is the worst but yes investment is better than gambling. Trading and investing have got better results because they aren’t only dependent on luck. If someone has got enough knowledge and skill of them, he can perform better in the field.

[moshk555]

That not compulsory I am not much educated but I am doing good in trading. I will rephrase your sentence with just one word. "A Successful Trader Must Be An Experienced Trader" If you have an experience you are successful here.

[george888055]

You must always remember that 90% of traders lose. Maybe due to a lack of studying and preparation. One of the most telltale signs of a good trader is the desire to continue improving and then doing what’s required.

[KesoNie]

You must always remember that 90% of traders lose. Maybe due to a lack of studying and preparation. One of the most telltale signs of a good trader is the desire to continue improving and then doing what’s required.

I really agree that knowledge is a must when you're about to enter the world of trading. You would only ended up losing all your savings and coins if you're just take the risks without knowledge. Though yes we are keep in mind that this investment or job is risky but of course if you're going to tkae the risks make sure that you have your weapon to defend your savings from being lose.