A successful trader must be an educated trader?

[ansi]

A trader whether he " follows " a good one or simply learn trading himself.

The basics are learning Technical Analysis (TAs) to analyze the chart (trading pairs) to make the best decision of his / her entry point.

People think that learning TA is easy, that's why wee people jumping around making random trend lines or zig zags & calling it Elliot wave lol (one of the hardest TAs) to learn).

Take your time to learn TAs, choose the one that you feel comfortable with coz there is litterally tens of schools of TAs to choose from.

[buttonmc]

Indeed he should be because if the traider is not educated enough he is rather a gambler and nothing more than that

[nightways]

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.

Knowledge is power and that there is no way that we can deny this universal truth. It is not only in case of the crypto currencies or trading that you must learn different things to get successful. It is true for all the types of the investments and that you must keep on learning more things as this will help you in having more awareness regarding the things which will improve your decision-making power.

[Kirito-kun]

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 absolutely agree that tradet must have enough knowledge and experience in order to be succesful otherwise, all of their hardwork and even fund will be in vain. Knowledge is the most important things we should have together with experience because this is the key for us to become successful and it can be applied in different aspect such in real life.

[sevendust777]

A trader whether he " follows " a good one or simply learn trading himself.

The basics are learning Technical Analysis (TAs) to analyze the chart (trading pairs) to make the best decision of his / her entry point.

People think that learning TA is easy, that's why wee people jumping around making random trend lines or zig zags & calling it Elliot wave lol (one of the hardest TAs) to learn).

Take your time to learn TAs, choose the one that you feel comfortable with coz there is litterally tens of schools of TAs to choose from.

I'm not really into technical analysis  but it really helps a lot. Not an expert in TA's but i tried to learn basic tools like MACD, RSI, FIBS. And yes they helped me make good decisions trading and now i am more comfortable making my trades. Any more you could give me tools that can be more helpful for my trades i would like to learn more. thanks.

[wongdeso]

I do not agree. Being a trader, especially on crypto is a passion. As long as they have the will and capability, all technical issues can be learned on their own. In addition, it seems like experience in trading is very decisive ways and strategies that can be done to conduct future trading. Having an education but without passion is useless.

[shan05]

For me being an educated person is very advantage in all aspects but not all, many people have lack of education but has a lot of technique. all you have to do is you're willingness to learn how to trade and how to manage your time.

[cotton ball]

I do not agree. Being a trader, especially on crypto is a passion. As long as they have the will and capability, all technical issues can be learned on their own. In addition, it seems like experience in trading is very decisive ways and strategies that can be done to conduct future trading. Having an education but without passion is useless.

the mindset that has been developing is that education can make maturity higher than otherwise, I think it is optional and not mandatory, but many of my friends have a stronger logic in assuming every new development and more vocabulary that they absorb academically, in fact everything is still in the same path and that distinguishes only the level of a more academic attitude.

[HaroldFinch]

If you mean being educated in terms of some university business degree, than no, many traders have never been there. But you have to LEARN in field and beside it, so to get more experience and knowledge. It takes time and that is the reason I don't trade daily. You just have to be fully involved

[TheGreatPython]

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.

In order to look for crypto profit then you must be an educated trader or investor because we know that in any business you have to follow the rules which depend upon the system. Now invest in yourself first to educate yourself in order to perform trading successfully and this is would be wonderful if you do the same without facing any loss and your first experience make you happy.

[Tiksi_Bay]

The WhenToken platform, which I found not so long time ago, uses decentralized apps running on the Eth blockchain to create secure micro-contracts that can be as short as 15 minutes as well as to provide frictionless billing and payment service. You'll be able to connect with Experts and get advice or consultation on any question. Everything is perfect but no one can guarantee anything about token growth for example. But I personally think the app will become more popular and therefore the price of the token will grow and we will all be able to benefit. If, of course, developers can fulfill their promises and we know they will.

[Huy Mai]

Not really 100% true, but you have to study first. Also, other skills like capital management, reading news, no fomo, etc are also important.

[Happydd]

To make a successful transaction you must first be knowledgeable. Ie must have dominate knowledge, must be educated. Do not open a deal if you have no idea when to close it with losses and when to lock in profits. If you do not understand what "lock" is not using it.

[legenduim]

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?

Educate? I thing the right world is learn. I see educate is more formal and maybe mean it need the real place that educate some topik like trader, but it never happent. I think more trader has learn for them self with read some many book, wathcing youtube tutorial and practice their tutorials. Maybe some has a friend or community to discuss about trade trick and market.

Good words. If you wish to become a very good and very successful trader, you should study the market and learn about the crypto all the time - it will take much time.

[Superzpay]

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 believe that a successful traders must be an educated trader as he will study about the coin and will try to learn the charts of the market and will try to know about the opinions of experts before investing in any coin.

I also agree with your point because one of my friend is a trader and he just put his money in coins and without knowing that what is going next, for example he put his money in ZCL and was not aware about the fork and at the fork time he lost all of his money when the ZCL price dropped to ground.

[ahmed04]

Trader must be educated, intellectual and he should crave for new knowledge, because the more you know, the more dependences you see on the market. That helps to achieve big accuracy of forecasts.

[babaya]

Trader must be educated, intellectual and he should crave for new knowledge, because the more you know, the more dependences you see on the market. That helps to achieve big accuracy of forecasts.

what does educated means here.educated before in market or educated by market.i am personally prefer educated in market,it will give us best experience that never get  in our school or other unformal education course

[samelvis]

Yes to succeed as a trader you have to get the basics of trading to avoid unnecessary loss

[Renampun]

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 believe that all successful traders are highly educated, luck is also very influential on a successful trader, not just good at reading charts and analyzing the market, there are also many successful traders who are low educated,
there are also some traders that I hear who are not experts in trading but experts in making software, so he uses the software to make an automatic buy and sell...

[Activitycoin]

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.

For me to became a successful trader people should be educated in cryptocurrency and i am sure that to be successful in trading people should have a wide knowledge on all coins that have a goos future in the market.

I think being educated is good but being educated is not conditional in trading, perhaps we can earn tokens without any education and technical analysis, but it is good to have trading knowledge in order for us not to lose anything, so educating ourselves about anything will be good for us, in addition to its people will never be able to scam of food us that easily because we will not be ignorant to read about news and threats of market.