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Author Topic: A successful trader must be an educated trader?  (Read 2491 times)
logicgate
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June 15, 2018, 08:57:09 PM
 #521

Surely a successful trader must be an educated trader, because the knowledge is really required for trading crypto currencies successfully and to avoid the biggest mistakes, and minimizing the risks of losing.
Without good knowledge, the trader will risk his hard earned money and it will lead him to big loses usually.
to open buy order we neeed to analize chart or fundamental news. and it need our knowledge to able to  do this.without education we will not gain profit and money from our invesment.
 In order to know about the tricks and ways involving in trading goes smoothly, we need to educate ourselves about it first. Without the market knowledge one can not succeed so it is necessary to educate first after which we will be able to know how to surf. Remember that learn first, if you do not have the knowledge of market and enter into the market then you will soon meet with loss and problems.
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June 15, 2018, 09:06:25 PM
 #522

Surely a successful trader must be an educated trader, because the knowledge is really required for trading crypto currencies successfully and to avoid the biggest mistakes, and minimizing the risks of losing.
Without good knowledge, the trader will risk his hard earned money and it will lead him to big loses usually.
to open buy order we neeed to analize chart or fundamental news. and it need our knowledge to able to  do this.without education we will not gain profit and money from our invesment.
 In order to know about the tricks and ways involving in trading goes smoothly, we need to educate ourselves about it first. Without the market knowledge one can not succeed so it is necessary to educate first after which we will be able to know how to surf. Remember that learn first, if you do not have the knowledge of market and enter into the market then you will soon meet with loss and problems.

Yes you are right they need to educate their self in order to become a better trader because that is the only way you can be successful in this industry, trading will be very profitable for you if you know how to sell your coins at the right time so you should always read speculations and articles in order to determine on what will happen in the future.

Colt22
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June 15, 2018, 11:14:02 PM
 #523

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?

In my own opinion, those people who are only losing a huge amount of profit in the market are the ones who are not well knowledgeable about how the market works and because of that, they just tend to invest whenever theres a hype in the market.
Yes I also of the opinion that people who are not educated or who do not know about the trading of cryptocurrencies often lose all of their money in trading while the educated people who get enough knowledge about the market and about the cryptocurrency in which they are doing trade will get a good profit and they will not lose but will get the profit.
Chooroz
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June 15, 2018, 11:29:01 PM
 #524

It is very good when the trader is educated. But this is a crypto market, it is very volatile and unpredictable. I believe that classical technical analysis does not work in cryptocurrency.
For me it is true that a successful trader must be educated because when a trader is not educated on the market and on the all crypto i dont think that they will became successful in trading world so my advice all the trader should first study all the crypto that have a future.

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June 15, 2018, 11:34:00 PM
 #525

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 entirely true, if this was the case we would have had a lot of millionaires around the world,

but because the future can not be predicted with mathematics or science its anybody's guess of what happens next

that's why instead of saying "A successful trader must be an educated trader," I think it should be an experienced trader is a successful trader  Roll Eyes

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June 16, 2018, 02:23:00 AM
 #526

It is very good when the trader is educated. But this is a crypto market, it is very volatile and unpredictable. I believe that classical technical analysis does not work in cryptocurrency.
For me it is true that a successful trader must be educated because when a trader is not educated on the market and on the all crypto i dont think that they will became successful in trading world so my advice all the trader should first study all the crypto that have a future.
Education is everywhere and crypto is in the internet so we can also get that education here in the internet.
Educations come with experience and learning on that experience, once we matured, we will then have a chance to be profitable
and we will surely enjoy the life of a trader as there is no limit in terms of earning here.

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June 16, 2018, 05:41:50 AM
 #527

Education is essential and I think having the knowledge about trading is an advantage. Trading needs skills and education inorder for you to understand cryptocurrency trading well because how can you reach your goal and trade successfully if you did not have any knowledge about it at all.
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June 18, 2018, 12:57:52 PM
 #528

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.
Although education is necessary for trading, but there are so many other factors which can affect your trading performance, if you have good trading skill and having good experience in trading it can in fact increase your chances to make money from trading.
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June 18, 2018, 01:04:47 PM
 #529

I don’t think so it requires to be educated one, but at least you have the basic education attained, what is important most of all is you have learned enough knowledge on how to trade wisely, it is important that you have understand well the right method and techniques in trading, and not only that it is important also that you are emotionally strong and ready. In fact, i knew some kids who is very good in trading, therefore no age and education requirement. Just learn how to... and that’s it!
Actually when we talked up about educated all I have in mind is that having a knowledge though basic knowledge buy atleast has a knowledgeable and not necessarily having a certificate or any documents that prove that you are an educated trader. Having a knowledge regarding trading and about cryptocurrency for me is already enough.
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June 18, 2018, 01:43:50 PM
 #530

That's just an opinion, but in my opinion, to be successful you may be brave enough to experience your fellow billionaires who are not necessarily well-trained they know how to get rich.
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June 18, 2018, 01:52:27 PM
 #531

No I'm not agree that every successful trader is educated.I have a few friends that use trading and he/she is already successful trader now.but he/she is not educated person.maybe other people is educated and being successful traders.
TheDarkRide
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June 18, 2018, 02:22:16 PM
 #532

No I'm not agree that every successful trader is educated.I have a few friends that use trading and he/she is already successful trader now.but he/she is not educated person.maybe other people is educated and being successful traders.

High level of education will become a good thing for traders. But since there is no formula to be able to get steady income, high degree of education isn't the only thing to be able to be a successful traders.
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June 18, 2018, 02:42:14 PM
 #533

No I'm not agree that every successful trader is educated.I have a few friends that use trading and he/she is already successful trader now.but he/she is not educated person.maybe other people is educated and being successful traders.

High level of education will become a good thing for traders. But since there is no formula to be able to get steady income, high degree of education isn't the only thing to be able to be a successful traders.
Yes, and that means that a successful trader is not necessarily an educated trader, they are people without training, what they have is experience and intuition developed over time, with them, charts and analysis are meaningless, they only choose to focus on the simplest and easiest way to invest. In combination with natural luck, they are successful traders without education, however, also because the lack of knowledge, they are often very easy to panic and lack sophistication in many situation, in the long term, they will not be able to achieve greater success

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June 19, 2018, 02:00:41 AM
 #534

No I'm not agree that every successful trader is educated.I have a few friends that use trading and he/she is already successful trader now.but he/she is not educated person.maybe other people is educated and being successful traders.

High level of education will become a good thing for traders. But since there is no formula to be able to get steady income, high degree of education isn't the only thing to be able to be a successful traders.
Yes, and that means that a successful trader is not necessarily an educated trader, they are people without training, what they have is experience and intuition developed over time, with them, charts and analysis are meaningless, they only choose to focus on the simplest and easiest way to invest. In combination with natural luck, they are successful traders without education, however, also because the lack of knowledge, they are often very easy to panic and lack sophistication in many situation, in the long term, they will not be able to achieve greater success

I quite misunderstood it. In crypto if they are the one without a good knowledge, understanding and patience he can never be successful and with that he's not educated trader. With the line you say charts and analysis is meaningless YES, it occurs to some people whobis only investing but in panic and not knowing to sell will not become a successful trader. I donot believe that there is a successful trader without proper knowledge in trading.

 
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June 19, 2018, 03:32:58 AM
 #535

To become pro trader is not easy so that why we need education how to analysis the market by technical and fundamental analysis. Without education we dont have any chance to make profit, knowledge and skill is must be when we are want to make profit in high volatility of market.

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June 19, 2018, 04:18:41 AM
 #536

No I'm not agree that every successful trader is educated.I have a few friends that use trading and he/she is already successful trader now.but he/she is not educated person.maybe other people is educated and being successful traders.

High level of education will become a good thing for traders. But since there is no formula to be able to get steady income, high degree of education isn't the only thing to be able to be a successful traders.
You right high eduaction will probably give you additional positives to increase the likelihood of profit. but that doesn't mean profit is generated only from high education only. many traders do not go to college. like my friend but he is very smart in trading strategies. and generate huge profits
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June 19, 2018, 05:47:21 AM
 #537

Yes a educated trader must be success cause of he knowledge about trade and understanding about any movement on trade. His basic knowledge is fast and he can any risky decision for trade.
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June 19, 2018, 06:09:00 AM
 #538

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?
You can considered yourself as a successful trader if you fully understand the trading of cryptocurrency. You should be able controo your emotion that can prevent you from panicking.

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June 19, 2018, 06:50:05 AM
 #539

You are right where there are traders which doesnt even know on what are the technical terms and on how to use it but they do able to manage to make money.We do have different ways on how we gonna engage with trading but having knowledge would really be always an advantage but as i said earlier there are instances on where theres a certain person who are born to be a trader not only because his educated but rather do have the skills within him. Embarrassed
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June 19, 2018, 06:55:27 AM
 #540

I think to be succesful trader we don't nees to be educated trader, because the main thing on trading that you need is experience. You must believe on your trading experience, in trading the lucky also needed, but if you have done all of your effort then you just need to wait for lucky. Educated trader not certainly always gain profit.

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