Does IQ greatly affect a person's success in trading?

[jujurloe]

A high IQ does not always have to be owned by traders but this will be very supportive in terms of speed of calculation, chart analysis and if the right decision is made in terms of buying and selling. just a little talat will cause us to miss the train and that will cause us to lose and waste time

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[trickyriky]

Of course, a  successful trader must have a high IQ should be. Only clever people can understand the market and coordinate their actions depending on the situation on it. Only an intelligent trader will be able to correctly calculate the entry and exit points from the position and, if necessary, quickly make an important and correct decision.
After all, a person with a low IQ simply can't do it. Yes, he will be able to learn some information, get some experience and trade, but his deals will not bring him big profits, moreover, there is a huge probability that he will lose his investment.. Such a person can be called a trader, but he is not a successful trader.
There is also the possibility that a person doesn't possess high IQ, but trading crypto currencies is exactly for him, this is his vocation. And he is a successful trader in spite of his IQ.

I think that people with the higher IQ can deal with this business better than the other ones. You will understand it when you watch this curious video on YouTube
https://www.youtube.com/watch?v=K58TUgwtwSw

[Ruslanabramov748]

I think that no, I did not study well in college, but I have been trading for more than 2 years now and I get knowledge from books and practice

[Ifamily]

 Your high IQ will tell you when is the right time to buy and sell but if you are not lucky. Eventually market makers will win most of us because they have underground funding

[Sawadekub]

I think that high IQ is important for a successful trader. After all, its main advantage, in my opinion, is the mind. Thanks to the mind, a trader will be able to study well all the necessary information, learn the right lessons from his practice and learn how to successfully apply his knowledge and experience in trading.
But if a person has a lower level of IQ, then this is not a problem. The main thing is that a person wants to become a trader. IQ level can be raised by training, this is not a big problem. But I think that studying and understanding the current amount of information that is needed for trading is in itself an excellent training for the brain.
So develop your brain! Good luck to all!

[Agapelove]

I don't know how IQ test goes on. What is its coverage? In my point of view, academic excellence is not a requirement here to be successful in trading. Wise and unemotional are two of the needed characters in trading. You don't do trading by the book, it's majority experience.

[Ranly123]

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

Having high IQ is not a guarantee that you will have a good decision int trading. Sometimes our IQ is useless in decision making where in critical during trading.

[Finestream]

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

Having high IQ is not a guarantee that you will have a good decision int trading. Sometimes our IQ is useless in decision making where in critical during trading.

I agree.Having high IQ may help us to take good decisions in life but it cannot help us in making trading a successful one.It's the strategies that we have and of course patience,hardwork,and emotional control are totally the bases to make our trading become successful and profitable in the end.

[breathlessz]

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

Having high IQ is not a guarantee that you will have a good decision int trading. Sometimes our IQ is useless in decision making where in critical during trading.

I agree.Having high IQ may help us to take good decisions in life but it cannot help us in making trading a successful one.It's the strategies that we have and of course patience,hardwork,and emotional control are totally the bases to make our trading become successful and profitable in the end.

i think with a high IQ, of course they have thoughts outside normal human box. so that in determining strategy will be better than us. and i think with high IQ will help solve puzzle chart

[daviidalpert]

High IQ is very helpful in life.But in the transaction it is not the most important.You need to analyze calmly and accurate judgment when trading.

[sinkfish]

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

to make a few successful trade, you need luck, to stay long in the market, you need analysis, research, and patience. shear luck wont get you anywhere.

[LeetPoolsOP]

I think that what is important in trading is not the IQ level, but the level of emotional intelligence. People tend to experience emotions, but they can be different and lack of control over emotions in trade can be an obstacle to success. My opinion is that people need to improve their emotional intelligence.

[Ninellechka]

Of course, trading requires an intensive brain activity, this is not the sphere for stupid people. But you don't have to be a genius to make money with trading. You should just have some special skills and experience, which any medium-intelligent person can get if he or she wants.

[Sirait]

with these new terms from theymos https://bitcointalk.org/index.php?topic=5392430.0, it reminds me of this topic, sorry in advance if I "bump" again. It's really obvious that IQ is needed in all aspects of life, not just trading, social life and even posting on this forum.

[Smartprofit]

many people have high IQ but not all of them are trading.

so, my question is;

Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading?

In my opinion, high IQ does not correlate with trading success. 

In order to become a successful trader, you need to be an independent and self-sufficient person.  After all, the market always moves against the expectations of the crowd. 

Such personal qualities as independence and self-sufficiency can be developed by performing special exercises.  For example, you can dance at a fast pace to slow music, and vice versa (dance slowly to fast music). 

Also, for success in trading, it is very useful to read fiction (for example, science fiction).  It develops the imagination. 

Successful traders and investors travel a lot and communicate with different people.

[Smartvirus]

I think IQ measures ones tendency to make the right decision and its subjective to a field. Uoubmight be better at one thing and bad at another.  Trading is a highly professional field so, its not easy for one not professionalise on the field to come on screen and just look at the chats and decide on a best entry and exit point. You've got to have a background knowledge of the chats and not just that, be good at some analytical tools and actually make use of them to do your analysis and only then can you be able to make a decision that is still subject to probability. What is done on trades is expressed professionalism and no gambling on decision making, having a high IQ have got zero effect if you aren't got the know how.

[Lanatsa]

I think IQ measures ones tendency to make the right decision and its subjective to a field. Uoubmight be better at one thing and bad at another.  Trading is a highly professional field so, its not easy for one not professionalise on the field to come on screen and just look at the chats and decide on a best entry and exit point. You've got to have a background knowledge of the chats and not just that, be good at some analytical tools and actually make use of them to do your analysis and only then can you be able to make a decision that is still subject to probability. What is done on trades is expressed professionalism and no gambling on decision making, having a high IQ have got zero effect if you aren't got the know how.

IQ does still have some usage on this particular unpredictable market on where you could really apply it on some factors which does really need but of course some intelligence but most of the time it would really be involving

about intuition and sustain on where it do really make out some big role or part with this type of career. Success isnt guaranteed though whether IQ is involved or not it doesnt matter
as long you do able to sustain yourself then that what matter the most.

[nurilham]

In trading, besides requiring intelligence and accurate thinking, it also requires discipline, smartness in choosing moments and also being the ability to control emotions. Those are some important things that must be considered in trading. if it is said that IQ is important in trading then it is important but that does not mean trading success depends on the level of IQ. although high IQ but not good at reading situations and controlling emotions then it is useless and will still be detrimental. so the most important thing in my opinion is to be disciplined and self-aware of the big responsibility as a trader to be able to deal with and manage the crypto assets you have in order to make a profit.

[TimeTeller]

In trading, besides requiring intelligence and accurate thinking, it also requires discipline, smartness in choosing moments and also being the ability to control emotions. Those are some important things that must be considered in trading. if it is said that IQ is important in trading then it is important but that does not mean trading success depends on the level of IQ. although high IQ but not good at reading situations and controlling emotions then it is useless and will still be detrimental. so the most important thing in my opinion is to be disciplined and self-aware of the big responsibility as a trader to be able to deal with and manage the crypto assets you have in order to make a profit.

I also believe that the outcome of your trading doesn't depend on your IQ level.
There are other factors to be considered here, but the smarter you are, the better.
Even regular trader with average IQ can achieve success in this market.
Being diligent, with passion and perseverance are also good factors to consider.
So don't lose hope if you think you don't have high IQ, because this market is for all.

[macson]

in trading, it is not only IQ that is important but EQ also plays an important role because without good emotional intelligence a trader will sell during a bear market and buy during a bull market.  but i noticed that those who are successful in trading on average have high EQ intelligence, not IQ.