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Author Topic: A successful trader must be an educated trader?  (Read 2530 times)
redfin31
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June 02, 2018, 07:04:13 PM
 #361

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'm not sure about educated, but which i know successful trader should know about knowledge about a trade. if you just depend on luck it will be very risky for sure. The analysis and fundamental aspect is an important thing to become successful traders. so you should to know many things to before starting to trade, for me anyone can become a successful trader. Wink

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June 02, 2018, 07:08:38 PM
 #362

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'm not sure about educated, but which i know successful trader should know about knowledge about a trade. if you just depend on luck it will be very risky for sure. The analysis and fundamental aspect is an important thing to become successful traders. so you should to know many things to before starting to trade, for me anyone can become a successful trader. Wink
The successful of a trader are not meant on how are you able to be the educated one but on how are you may able to manage your emotion and how understandable are you to make things good and better.
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June 02, 2018, 08:22:35 PM
 #363

The most accessible for beginners are simple strategies based on technical analysis. They are built on easily determined patterns of movement of quotations, crypto-currencies, indicators, fundamental factors and news. There are many different means with which to analyze the digital market
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June 02, 2018, 08:36:08 PM
 #364

The most accessible for beginners are simple strategies based on technical analysis. They are built on easily determined patterns of movement of quotations, crypto-currencies, indicators, fundamental factors and news. There are many different means with which to analyze the digital market
if you already speak About newcomers And you want to give them any information about possible trading strategies, then I would in your place conduct real examples or speak with available words. Sorry, but you express yourself too much for clever words, which for a beginner may not be available.
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June 02, 2018, 09:50:40 PM
 #365

Everything depends on the person. For example, I am not an educated trader, I studied on my own and I did not see any obstacles for myself. The main thing is to have a great desire, everything else will come by itself.
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June 03, 2018, 03:18:27 AM
 #366

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 concur with the idea that a successful trader must undergo education. If you do not go through the education process, your investment will be constantly changing and you will not be consistent with your portfolio.
Many people have failed because they have underestimated education.

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June 03, 2018, 04:22:43 AM
 #367

Everything depends on the person. For example, I am not an educated trader, I studied on my own and I did not see any obstacles for myself. The main thing is to have a great desire, everything else will come by itself.
Yes, that is a good point because not all successful person is academically educated. They are educated for their self desire to obtain what they want in life. A wise man is different from a educated one and a knowledgeable one is different from the two, so the most important things to be successful is knowledge, desire and be wise. Bill gates is academically drop out but gains his success in other way.

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June 03, 2018, 04:41:57 AM
 #368

Everything depends on the person. For example, I am not an educated trader, I studied on my own and I did not see any obstacles for myself. The main thing is to have a great desire, everything else will come by itself.
all can be learned and education is not the main thing here. experience is paramount. we do not need much theoretical in today's learning. to be successful in everyday and trading
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June 03, 2018, 05:45:44 AM
 #369

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 particular analysis of technical plus fundamental aspect of the particular market is extremely key in order to traders success. Reading graphs and making decision are unable to be if you are usually educated, that decision producing ability comes only along with the experience.
The only real essential thing is knowledge.
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June 03, 2018, 05:55:45 AM
 #370

First of all, Educated term is fully relative, you don't mean that only degree holder person is not an educated person. When you have a lot of knowledge about a particular thing then you must be an educated on that issue. Obviously, Without proper knowledge, you can't gain anything, you have to gather proper education in every aspect if you want to win.
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June 03, 2018, 06:09:04 AM
 #371

A successful trader somehow should be educated, you clearly can't trade according to news and other people's analysis and predictions in the long term so you should be educated or educate yourself.
Yes you were right trading needs a lot of knowledge if you were low in IQ I believe you will not be a successful trader. To trade we must understand everything in trading and apply our knowledge.
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June 03, 2018, 07:14:11 AM
 #372

A successful trader somehow should be educated, you clearly can't trade according to news and other people's analysis and predictions in the long term so you should be educated or educate yourself.
Yes you were right trading needs a lot of knowledge if you were low in IQ I believe you will not be a successful trader. To trade we must understand everything in trading and apply our knowledge.
If you can spend more time to read and analyze the market then maybe you have a good chance.
What's important here is you continue to educate yourself and learn from your mistakes so you'll improve, there is no instant success here, you can
only get your successful over time but the moment you get it, it will remain.

Dikpora77
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June 03, 2018, 07:29:54 AM
 #373

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?
being trader with trader education background is a plus value. Of course its give influence in trading because you have basic knowledge in trading, and you know what you have to do in trading. But you don't have to pessimistic, many people can succeed in trading without have to get educated I mean formal education. As long as you want to learn, any want to know more and more I believe you will can be success in trading

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June 03, 2018, 07:58:41 AM
 #374

This article will teach you how to become a successful Forex trader and show you the best trading practices for beginners. In fact, since you're reading this, you are already on the right path to becoming a successful Forex trader.
psilanti
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June 03, 2018, 08:27:22 AM
 #375

Master traders execute their trades in a patient, disciplined manner. They have a set strategy that they trade: they clearly know what their trade set ups are, and they patiently wait for those set ups to appear—and once those set ups appear, they unhesitatingly pull the trigger and take the trade. Let’s say, just for example, that a trader’s strategy is to buy or sell in accord with the long-term trend at the 10 SMA (simple moving average) level. If he turns on his computer in the morning and none of the pairs he trades are anywhere near the 10 SMA, then he knows—and accepts the fact—that there are no trades for him to take at that time. That’s what a successful master trader does. The average losing trader faced with the same situation abandons his trading strategy and impatiently takes some other trade—and sure enough, it usually ends up costing him money.
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June 03, 2018, 08:32:38 AM
 #376

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 maybe an additional factor to become a successful trader but not all educated trader may succeed some of them are crying now because of loosing. I think the major thing that is needed when you are trading are patience and not be emotional. You know not all businessman are educated but even though some they became successful. You can become a successful trader even though you are not educated, but Education plus patience and not being emotional gives more assurance and accuracy for success.
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June 03, 2018, 08:39:29 AM
 #377

There are many trading strategies available. You may choose to become a scalper, a swing trader, or a positional trader. What's more important, however, is to develop a strategy that you feel comfortable using.
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June 03, 2018, 08:43:50 AM
 #378

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?


There millions of successful traders who were never educated in our today's concept of education, which is attending one form of school or the other.

Mastering the art-of-the deal can be by self-effort, a family tradition, learning from a friend, learning from a mentor, etc. Doesn't require attending school to be educated. And there are people in this category in the Wall Street.

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June 03, 2018, 08:49:17 AM
 #379

You learn, through the continual practice of trading, to focus your attention not on momentary, meaningless market fluctuations, but on the overall flow of the market’s movement. Inexperienced traders often overthink or overanalyze, which often traps them in indecision. But increased experience in trading will enable you to develop a more intuitive feel for the strength or weakness of a market or particular price movement. You’ll develop a disciplined, unbiased focus that will allow you to more clearly discern the importance or unimportance of price action, and respond to it in a calm, confident, logical manner (rather than just taking trades almost at random, and then two minutes later completely changing your mind).
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June 03, 2018, 09:05:52 AM
 #380

This is why you have to develop a habit of avoiding procrastination. The best way to do that is just keep at it. Even something so simple as demo trading can help you battle procrastination.
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