A successful trader must be an educated trader?

[zack29]

The best way to become successful in trading is the rich experience you get from bad to worst trade decisions and then will get better.
 You can decide when to buy and to sell. The short and long term decisions will be efficiently made and knowledge about decisions like hold or sell will  enable him to maximize his output. You cannot expect that you will be able to make anything profitable without even having any kind of technical knowledge and awareness regarding the things.

[1714242740]

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[1714242740]

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[Rana590]

In trading, a lot of experience is needed not a educated people. Trading is not for all the educated people. If it will, all the educated people will trade. Good analysis, experience and more knowledge about crypto currency is needed for trading.

[gantez]

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?

It depends the kind education you mean. If you are talking about formal education that involves going through tertiary school, that will not be necessary. The education needed is just that related to the business, terminologies and analysis of the market.

[krystlew]

When You look at that life of a day trader the most successful trader including once Mr. Jordan Belfort stated that you have to be smart that is if you start with analysis the changes in each stock you might be left behind but instead if you look at the cause of these changes then you can be far ahead in this race

[josgandosbro]

I think that's not so, but it's the most important experience because every thing is needed precision and also clever in searching for loopholes
so also in terms of trade that every time needed accuracy in reading every opportunity

[nightways]

Indeed he needs because if he would not be educated, he has a great chance to be scammed, or basically to lose all of his money while trading, so before actual process of trading, I suggest for everybody to learn good.

I would say education is just the name of the knowledge that enables you to understand between good and bad. Success in trade dependent of the mental gaming capacity of the investors. If you are well educated but do not have the skills to make things happen in the market, you are outdated. SO in my opinion, education is not the bottom-line of success in trade. The combination of both education and skills leads you to another apex of success.

[redsun114]

I think educate may be not important, because the best learning in trade is experience and you have to have analysis skill and other skill to knowing where the coin is going to do

In order to understand the processes and variations taking place in the market and the profit making principles and basic rules a trader must get this knowledge and enter into the market with it. It is very important to have this enough knowledge in order to make profit that person will be successful here. However if a person does not have this knowledge then he will not survive in the market without any doubt.

Educated traders know better how to start and end up a process with nice finish which is the result of knowledge they have about a specific or many sources. People get sad and say that nothing works here is the crypto market but actually the problem with them is the lack of knowledge that is why we always say that enter into any selected market after getting knowledge of that market.

[Cherylstar86]

I think educate may be not important, because the best learning in trade is experience and you have to have analysis skill and other skill to knowing where the coin is going to do

In order to understand the processes and variations taking place in the market and the profit making principles and basic rules a trader must get this knowledge and enter into the market with it. It is very important to have this enough knowledge in order to make profit that person will be successful here. However if a person does not have this knowledge then he will not survive in the market without any doubt.

Educated traders know better how to start and end up a process with nice finish which is the result of knowledge they have about a specific or many sources. People get sad and say that nothing works here is the crypto market but actually the problem with them is the lack of knowledge that is why we always say that enter into any selected market after getting knowledge of that market.

I agree and definitely true. A successful trader should be educated in some point to have a great amount of profit in the future. I would say that an educated one is much more advantage compare to the beginner. Also, to those beginner needs more time to learn and soon in the future they will become a successful as an educated trader gaining enough knowledge in trading techniques.

[Jraf95]

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, trading needs a lot of knowledge, we must have our own analysis we cant just rely on others so I certainly agree with you.. I believe that successful traders are those who were educated enough to read charts and analyze what happens next by just looking at the price charts.

[zeger]

if any one need to success in trading at least he or she need 1 or 6 month demo treding experience,for trade you should have to know how to analyst the market trends how market behave for news ETC.so for all this you must have some educated knowledge to understand thees all..

[melted349]

I think educate may be not important, because the best learning in trade is experience and you have to have analysis skill and other skill to knowing where the coin is going to do

In order to understand the processes and variations taking place in the market and the profit making principles and basic rules a trader must get this knowledge and enter into the market with it. It is very important to have this enough knowledge in order to make profit that person will be successful here. However if a person does not have this knowledge then he will not survive in the market without any doubt.

Educated traders know better how to start and end up a process with nice finish which is the result of knowledge they have about a specific or many sources. People get sad and say that nothing works here is the crypto market but actually the problem with them is the lack of knowledge that is why we always say that enter into any selected market after getting knowledge of that market.

I agree and definitely true. A successful trader should be educated in some point to have a great amount of profit in the future. I would say that an educated one is much more advantage compare to the beginner. Also, to those beginner needs more time to learn and soon in the future they will become a successful as an educated trader gaining enough knowledge in trading techniques.

educated cause they can apply what they have learn for some other point of saving , converting ,calculating and everything that we ,must have to take for as for being an educated you are just to keep quite and study also the new things here i am also believe for the attitude that as an educated person has for.

[Shushale65]

Yes, I agree with you. A trader is a very difficult profession and therefore without special knowledge and skills a trader will not survive in the crypto currency market.

[Isaremj3]

It is not necessary to be an educated person before you trade however, you have to known the really format for trade. Finally, been an educated person help you the more and it is of the great value to your trade.

[srcnckr]

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, trading needs a lot of knowledge, we must have our own analysis we cant just rely on others so I certainly agree with you.. I believe that successful traders are those who were educated enough to read charts and analyze what happens next by just looking at the price charts.

A successful trader is someone who can evaluate the market trend and always make decisions in the market one step at a time, which is a very successful way for traders in financial markets and cryptocurrency. I think that these are usually due to the long-term investment experience in the market, which no school can teach, basic knowledge and fundamental analysis you can learn in many places but to succeed, only direct investment is acquired.

[MMA]

It is not necessary to be an educated person before you trade however, you have to known the really format for trade. Finally, been an educated person help you the more and it is of the great value to your trade.

But to me i think that it is too much important to have some good knowledge about trading, specially you must have some specific knowledge about trading. It will surely increase your winning percentage in trading. But along with good knowledge it is also necessary to have good experience in trading.

[Anait]

To certain point education is a must, without which it is truly an impossible thing to achieve good profit out of trading. At times it is a must to make calculations to profit, it might be simple but the same isn't possible without education. If one is successful through trading, then he might be good with education, or could have got good experience or he might have got good luck.

[cryptoblazter]

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 it's not true that "Every successful trader is an educated trader." There are successful ones that learned the market trading through experience. As they say, experience is the best teacher. You may not know the technical termsin trading, but they can be learned.

[bitgoldpanther1978]

A successful trader is not necessarily an educated one. Trading can be learned through experience and being smarter out there in the field. Though, it is very helpful if you can the languages in trading that's a plus factor. In today's technology, there are lots of ways to learn things by self study. Resources are out there available by just clicking.

[Agapelove]

I think it is important to learn, if not all, almost of the terms in trading to be a successful trader. Also learn how to read charts to make proper predictions. Study how the market moves. Also, updated of the new technology to easily adopt.

[Cryptokarl]

In my opinion, a successful trader should be good when reading charts before deciding what to do and what not to do. I would always suggest that before one trades, he/she must get adequate level of training before participating in trades