A successful trader must be an educated trader?

[crocus]

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 good analyzing could give you reference in good trading, trading is not difficult but at the same time trading is not easy as well proper research and having a potential coin will give you good profit so you always put hard works before you'll be an successful trader.

[bart_to_bart]

Of course. And besides, he must respond quickly to the news. In the cryptomir this is especially important

[OriginTrain]

Not really, some of the great traders in history were not necessarily formally educated. In fact trading is a test of true ability rather than merit.

[thend1949]

Not really, some of the great traders in history were not necessarily formally educated. In fact trading is a test of true ability rather than merit.

Being a trader is to be knowledgeable, skillful, logical, and strategic. However, I think more than being educated is the willingness, passion, commitment, and the proper execution of knowledge to make it more useful and meaningful. If these qualities are combined I believe it can bring better results.

[scalvo98]

I do not think so, a succesfull trader just need to have some knowledge about how the market works and how to do not make any mistakes while trading, i think that this is the most important thing.

[Faxmate]

In my opinion a successful businessman is educated. Because the knowledge needed to trade is in the midst of a successful businessman. But there are differences in the society between educated people and successful businessmen...

Yes it is good to be educated but it does not mean if you are not educated then you cannot be a trader I have seen a lot of successful trader who never gone to school and who are not even educated but they have skills and they have good experience which is the most Important factors to become a good trader, education can only help you read articles about it and collect information which can be done by sharing live knowledge by discussion but without education but I think it is not bad to be educated as well.

[DJ_Rick]

It is like i am always saying, if you do not know anything about stock markets or any other market independently from crypto, you are going to lose a lot of money as soon as you start.

[alfonso94]

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 because trading needs a lot of knowledge that only an educated person can acquire. It requires more techniques so to be successful you have to be educated for you to analyze every details.

[deevan]

For proper trading, a person must be properly educated. If he is not, alteast must have some basic knowledge of trading so he knows what is he doing like how to place the sell/buy order, set price, amount to sell, stop-loss etc. If he is unaware of basic trading terms, a person might end up losing his money in trading because of unproperly executing a sell/buy operation.

[badungs]

I think not all successful merchants are educated merchants. education on trading strategies is important, but I think the luck factor also greatly affects a person to be successful. but also very risky if someone who trades just expecting luck. I think educated and lucky are the main factors a person can be successful in cryptocurrency trading. both greatly affect a person's success. so I think the best in trading is by learning all about trading strategies and hoping to earn a fortune.

[Hallmader]

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, of course, I agree 100 percent that a successful trader must be an educated trader. You cannot simply rely on pure luck or mere gut feeling. If you believe in beginner's luck then perhaps you will become successful in your first or second trade. But you cannot sustain your success with those factors alone. You will definitely fail soon if you remain to be out of the rational and informed way of looking at the charts.

[DonFacundo]

I think yes, if he has good strategy in trading and good picking in potential altcoins that he knows it will increase the price in a short time then he must be an educated trader.

[FalcoonRed]

in my opinion no, precisely who is successful in trading is a patient and do not need to educate the most important to know what is crypto.

[erlangere]

But once you have completed those two basic steps, then comes the part that is most difficult to master—actual trading. It is at this point that most traders fail, not because their strategies are faulty, but because their trading of the strategies is faulty. A large part of becoming a proficient trader is simply engaging in the act of trading; as with any skill, you get better at it the longer you practice it. Initially, trading properly may seem awkward, and you’ll likely make several mistakes (again, it’s just like perfecting any other skill), but in time your trading should become a smooth, fluid action that flows naturally from the rhythm of the market’s movement.

[MrDom2]

http://bitcoinist.com/3-icos-huge-potential-2018/

[HELLOFF]

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, of course, I agree 100 percent that a successful trader must be an educated trader. You cannot simply rely on pure luck or mere gut feeling. If you believe in beginner's luck then perhaps you will become successful in your first or second trade. But you cannot sustain your success with those factors alone. You will definitely fail soon if you remain to be out of the rational and informed way of looking at the charts.

in any case, a person who begins to act without practice and experience, in the process of studying and studying information. In any case, after a while a person can become a professional, without having a high education.

[riskarcher]

for some newcomers assume that trading is a gamble strategy and what coin they will invest, but trading is how we allocate our money and calculate it without having to think of profit because the market works at the right time regardless of loss so buy / sell is in time right without thinking long

[sarjilcse]

I think Yes it is important to be educated. With out education it will be very hard to trade.  An educated person knows how to do trade and he knows the rules and regulations of trade. He has fully command on trading. So learn first.

[Anandhi]

I think Yes it is important to be educated. With out education it will be very hard to trade.  An educated person knows how to do trade and he knows the rules and regulations of trade. He has fully command on trading. So learn first.

Education is a good way to leverega our trading and it can give a good help. But education isn't the only thing to be a successful trader. There are still many things that we can't ignore.

[Fedrey]

I think Yes it is important to be educated. With out education it will be very hard to trade.  An educated person knows how to do trade and he knows the rules and regulations of trade. He has fully command on trading. So learn first.

Education is a good way to leverega our trading and it can give a good help. But education isn't the only thing to be a successful trader. There are still many things that we can't ignore.

I know that many crypto currency users came to this field of activity without knowing anything and not even knowing basic knowledge about the crypto currency. but nevertheless many already today become successful investors and traders. Of course, this is due to their desire to study and study this field of activity.