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Author Topic: A successful trader must be an educated trader?  (Read 2532 times)
coinplus
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July 29, 2018, 05:26:09 PM
 #681

I think trading requires skill and analysis, which can be the subject of trade. So it can be said that an educated trader is a successful trader. Long-term trading is the only way to make a profit.
Yes, a successful trader must be a hard working trader. One needs to research every single info about what he is trading, you read the whitepaper, you read the community places, you read the twitter feeds, you check out what team of it says, you check who that team is and their previous works (not where they work but what they have done that you ever heard of) and you check the charts and see how it looks and basically after all of those works nine out of ten most coins are horrible, you compare the coins with each other and see that only one or two coins out there yet you still keep doing your research to find that one good coin.

Along with hard work, a trader must have the capability of making use of his past experiences. It means a trader must remember his previous similar occasion and from that experiences, he must be able to make a better decision for his current trade. Hard work alone will not define a successful trader, must be a full swing person toward a perfection.
akonrupom
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July 29, 2018, 06:06:57 PM
 #682

Obviously education is very important. But 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. Always learning and trying and learning from experience and sure and always be patient is the key to one's success.
jorgelugra
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July 29, 2018, 06:10:24 PM
 #683

I think that each profession requires knowledge and this one is not an exception as traders should be experts knowing strategies to win. there are certain basics each trader should know to earn good money
chandra12
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July 29, 2018, 06:33:52 PM
 #684

This article is not true, I think. Because in my opinion we know if you gain on the trade you had good knowledge and know better coin and exchange. Then I think, you will be the success. So no need to become educated. Just need some skill in trade.
sky4242
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July 29, 2018, 07:06:10 PM
 #685

You need to be educated to be a successful businessman. I agree with you that an educated businessman can certainly achieve business success. Because he is educated, he easily gets the idea. And this idea is that he will use the trade.
Hassan02
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July 29, 2018, 08:34:56 PM
 #686

This article is not true, I think. Because in my opinion we know if you gain on the trade you had good knowledge and know better coin and exchange. Then I think, you will be the success. So no need to become educated. Just need some skill in trade.
well some people here are not as the educated as we know , cause you are right as you enter here you can also gain some knowledge and they are keep on learning. And on how they are look educated is the way on how they can discipline their self here, they also grab the opportunity to study because of they can now have to earn and they can sustain their study so this is how they look educated.
Kimi80
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July 29, 2018, 09:11:55 PM
 #687

No specifically need to. You have programmers that didn't finish schools for it, they are just talented and was interested in the matter. They learned off course but it was not high education,  colleges, business schools or courses. I think that same thing we can find in trading world but my opinion is that number of those are not that big.
Clark05
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July 29, 2018, 09:32:46 PM
 #688

A successful traded is not depends on if you are educated or not. Because i believe even you have little knowledge and you don't finish your study you can become success by following successful trader, by listening to them and do other strategy to grow your knowledge by doing research.
Salauusman
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July 29, 2018, 10:22:23 PM
 #689

For me, a successful trader most have experience first and  educuted, because trading is like psychology which a trader most know how to notice how market do past year.
brascopck
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August 10, 2018, 03:33:52 AM
 #690

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?

Nope i'm not agree with that, even uneducated person can also become a successful trader. For me it's all about experience in trading, 1-5 years experienced trader is knowing what is he trade. Educated person is a plus though, educated+experience is a good combo in trading.
RasicaOla12
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August 10, 2018, 03:48:18 AM
 #691

It is possible that successful traders do not need the training institutions they are the good investors or economists they dare to take off and they know how to absorb the experience and knowledge from the investment process.
C_G Modern Assets
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August 10, 2018, 04:09:04 AM
 #692

BTC dominance should continue to grow over the next couple of months.

We (Modern Assets) will continue to fade spikes in alt prices through shorting alt/BTC crosses
tonyja2017
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August 10, 2018, 04:47:02 AM
 #693

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 agree that successful investors need to be trained. This is a work that requires a good mindset and requires a special investment philosophy. If they are not trained, they will be disturbed by the market and lose sleep. That will make them never succeed in investing.

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August 10, 2018, 05:01:32 AM
 #694

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, a successful must be educated thru alot of learnings from tutorials and personal and other people’s experiences - both success and failure experiences.  And should be a long term trader also.  To add to this, luck also plays an important role in a trader’s success.
jeanydel72
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August 10, 2018, 05:23:14 AM
 #695

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 agree that a successful trader is an educated trader. We need to study what, how and when we trade to be successful. We need to have wisdom so we can be decisive in any transaction we do.
Kahoy01
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August 10, 2018, 05:46:12 AM
 #696

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't become successful if your knowledge is not enough. All of the traders who became successful are educated. Their knowledge is the reason why they became successful.

semutracing
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August 10, 2018, 07:38:42 AM
 #697

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?

disagree with your statement, because not all educated trading will succeed in trading, because trading experience is more important in trading
sensimilia
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August 10, 2018, 05:16:08 PM
 #698

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?
This is an unbreakable law, you need to be educated well in order to stay on the top because if you will be just lucky Trader it means that sooner or later you will eventually lose everything that you have earned by your luck.

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karavay_71
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August 10, 2018, 05:23:58 PM
 #699

I don't think that crypto trading really deals with economical education or things like this...Crypto is very different from all other spheres I'd say.

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p i e c e
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August 11, 2018, 09:35:40 AM
 #700

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 agree that a successful trader is an educated trader. We need to study what, how and when we trade to be successful. We need to have wisdom so we can be decisive in any transaction we do.

However, some special education is not needed at all. All you have to do is to feel a desire to learn everything about the crypto trading the market rules, ICOs. Just spend at least 4 hours a day for your self-education, and you'll succeed.
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