A successful trader must be an educated trader?

[acener]

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?

As for me , education and knowledge about what you are doing in every field of life is important to succeed. Trading requires knowledge and wisdom about the fundamentals of cryptocurrency trading. It is important that every beginners in trading woild have the eagerness to seek knowledge about it.

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[lance04]

Yes of course, a successful trader must be an educated trader to be able to familiarized in this kind of business and industry and also to earn a good amount of income or profit in this industry.

[lordmick]

Unfortunately trader learns from mistakes. Only our own experience, both positive and negative, will allow us to develop our own profitable trading system. In order not to sell on the red market, I always set a stop loss.
Learn always when you have free time. Do not believe anyone, there are no authoritative opinions in this market. Learn, to rely only on yourself and your experience. Knowledge is the power, which help you to make really a big money in this market. And not only in this...

[Vsamuel]

of course, i agree 100%, But i think a successful trader is actually an educated trader.. Educated in the sense that he knows the in-out of the market, when to enter into a trade. I think if you are highly clueless about what you do, there is no way you will be successful in that. therefore, to be successful in trading, i think you really need to be very educated about it.

[omali]

To be successful in every/any business one ventures into, you need to know about it, how it works, steps to take, etc... This applies to crypto too.
To be successful trader, you need to be educated on crypto trading. Someone might be lucky and trade but thats just LUCK like I said. You can't depend on luck and its never advisable to invest your money into something you don't understand.