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Author Topic: Does IQ greatly affect a person's success in trading?  (Read 1271 times)
KesoNie
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July 21, 2018, 02:28:12 PM
 #101

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".
I think it will affect quite a lot of investors. Simply because investors need high IQ and high concentration to analyze charts and evaluate the market they will invest in for a long time.
But we also know that high IQs will always be rich in investment. everyone needs luck. So if you do not have IQ, do not worry, keep learning and you will have a good result.
It does affect your performance but it doesn't hugely matter because your skills and experience were very accountable to the flow of your account. Your strategies and techniques were being one of the reason to be able to get your dream profit though it may take time especially today that the market is down.
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July 21, 2018, 02:47:48 PM
 #102

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".
I think it will affect quite a lot of investors. Simply because investors need high IQ and high concentration to analyze charts and evaluate the market they will invest in for a long time.
But we also know that high IQs will always be rich in investment. everyone needs luck. So if you do not have IQ, do not worry, keep learning and you will have a good result.
It does affect your performance but it doesn't hugely matter because your skills and experience were very accountable to the flow of your account. Your strategies and techniques were being one of the reason to be able to get your dream profit though it may take time especially today that the market is down.
Really the skill is not that much matters in the crypto currency investment,we just need lucky enough to invest at the right time and sell them at the right time,even if you have high analyzing skills and telling themselves as an knowledgeable person is not enough to get succeed in the crypto field.

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July 21, 2018, 03:04:16 PM
 #103

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".
I think it will affect quite a lot of investors. Simply because investors need high IQ and high concentration to analyze charts and evaluate the market they will invest in for a long time.
But we also know that high IQs will always be rich in investment. everyone needs luck. So if you do not have IQ, do not worry, keep learning and you will have a good result.
It does affect your performance but it doesn't hugely matter because your skills and experience were very accountable to the flow of your account. Your strategies and techniques were being one of the reason to be able to get your dream profit though it may take time especially today that the market is down.
Really the skill is not that much matters in the crypto currency investment,we just need lucky enough to invest at the right time and sell them at the right time,even if you have high analyzing skills and telling themselves as an knowledgeable person is not enough to get succeed in the crypto field.
I agree on the thing that we do need some luck but its not really a main factor for you to rely on since we do talk about trading which is definitely need up skills and knowledge because if you just purely rely on luck then you are just basically doing gambling on the very first place. Luck wont be effective anytime because if you do just carelessly buying things without any basis or analysis then its not different from gambling at all.
IQ does effect not only to this field but on all sorts of things.
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July 21, 2018, 05:57:04 PM
 #104

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".
I think it will affect quite a lot of investors. Simply because investors need high IQ and high concentration to analyze charts and evaluate the market they will invest in for a long time.
But we also know that high IQs will always be rich in investment. everyone needs luck. So if you do not have IQ, do not worry, keep learning and you will have a good result.
It does affect your performance but it doesn't hugely matter because your skills and experience were very accountable to the flow of your account. Your strategies and techniques were being one of the reason to be able to get your dream profit though it may take time especially today that the market is down.
Really the skill is not that much matters in the crypto currency investment,we just need lucky enough to invest at the right time and sell them at the right time,even if you have high analyzing skills and telling themselves as an knowledgeable person is not enough to get succeed in the crypto field.
I agree on the thing that we do need some luck but its not really a main factor for you to rely on since we do talk about trading which is definitely need up skills and knowledge because if you just purely rely on luck then you are just basically doing gambling on the very first place. Luck wont be effective anytime because if you do just carelessly buying things without any basis or analysis then its not different from gambling at all.
IQ does effect not only to this field but on all sorts of things.
Crypto trading is more or less like an gambling but as you said if someone buy and sell the coins just blindly will leads to failure,we need to work our on selecting the coins I am talking about bitcoin probably the best to investAnd decision making ability is important in the crypto trading as well but having high IQ don't give success in the crypto trading,maybe it is just enough to remember all the crypto names available. Grin

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July 21, 2018, 06:52:28 PM
 #105

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".
IQ is very necessary, because it is very useful.
but besides that there is more important than intelligence, that is honesty.
not everyone has it, we trade bitcoin, no direct face to face does not mean honesty is not in need.
I think the main points for success.
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July 21, 2018, 10:27:33 PM
 #106

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".

A person can have a high IQ but not know how to read technical Analysis.

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July 21, 2018, 10:34:26 PM
 #107

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".
Not all need to have high IQ it comes to trading because lots of people in crypto is not a intelligent person but full of strategy how to handle their investment in crypto and how manage it.

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July 21, 2018, 10:35:05 PM
 #108

A person can have a high IQ but not know how to read technical Analysis.

Even being able to read charts doesn't necessarily give you an advantage in this market. If that was the case, all the legacy market experts wouldn't be wrong time on time again. You can be the smartest person in the world, but you won't ever be able to figure out what the average joes will do, or an old hand trying to unload a significant number of coins. Only exchanges will be able to know what happens and then front run people's orders, but that's based on insider trading rather than being smart. It's illegal as well, especially if you sell that information to market makers. If you play it fair, you won't be able to time this market, it's that simple....
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July 21, 2018, 11:09:42 PM
 #109

I think it will affect a persons success if he has a high IQ. Because he or she knows when to trade and when to sell. He or she will not enter trading if he knows that he/she willnot earn some profits.

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July 21, 2018, 11:12:18 PM
 #110

The level of your IQ does not affect your progress in trading. The main thing in trading in the market is compliance with rules and own trading strategies.
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July 22, 2018, 03:08:21 AM
 #111

A person with a high IQ needs to be interested in trading and investing and then takes steps to learn it. Just because a person has a high IQ doesn’t mean they are rich or will be rich or even are interested in investing. Not everyone cares about money. Money is not the only thing in life. IQ also does not mean someone is automatically an expert at something. High IQ means a person has the potential to learn well and easily.

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July 22, 2018, 04:30:01 AM
 #112

A person with a high IQ needs to be interested in trading and investing and then takes steps to learn it. Just because a person has a high IQ doesn’t mean they are rich or will be rich or even are interested in investing. Not everyone cares about money. Money is not the only thing in life. IQ also does not mean someone is automatically an expert at something. High IQ means a person has the potential to learn well and easily.
Knowledge is very important in this certain field. Having a strategic ways to survive in here really impressive and could drive us to have a better result.  Some traders get failed due to luck of experience and knowledge. It could be in help also if you have courage and strong determination.
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August 03, 2018, 06:48:52 PM
 #113

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".
Not all need to have high IQ it comes to trading because lots of people in crypto is not a intelligent person but full of strategy how to handle their investment in crypto and how manage it.
Look, everything helps you in making any kind of success and as more beneficial elements are involved in your efforts, more you would be getting for it. So if you say IQ doesn’t matter, this may be right in some cases and mayn’t be valid for some others. But as a whole, this IQ isn’t any compulsory item or element for trading. Traders must be sharp minded to play with numbers.
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August 03, 2018, 06:58:37 PM
 #114

it depends on what you understand from IQ word if you mean IQ test results, it can be tricky but if you mean intelligence yea of course it will affect the success rate of  your trading.
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August 03, 2018, 07:32:42 PM
 #115

I think it will affect a persons success if he has a high IQ. Because he or she knows when to trade and when to sell. He or she will not enter trading if he knows that he/she willnot earn some profits.

But you can never know that just as you can never know if the next day you will find a wallet full of money lying on the ground or get hit by a car at that same spot. IQ doesn't have anything to do with it.

The level of your IQ does not affect your progress in trading. The main thing in trading in the market is compliance with rules and own trading strategies.

Right. The only thing IQ helps is learning those rules and getting used to the system. A smart person will need only a couple hours to get the basics while some people will need months to get to the same level.

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August 07, 2018, 09:49:50 AM
 #116

A person with a high IQ needs to be interested in trading and investing and then takes steps to learn it. Just because a person has a high IQ doesn’t mean they are rich or will be rich or even are interested in investing. Not everyone cares about money. Money is not the only thing in life. IQ also does not mean someone is automatically an expert at something. High IQ means a person has the potential to learn well and easily.
Knowledge is very important in this certain field. Having a strategic ways to survive in here really impressive and could drive us to have a better result.  Some traders get failed due to luck of experience and knowledge. It could be in help also if you have courage and strong determination.
I also think that knowledge is one of the most important factor of trading. But it is also important that you must have common sense, which can also enable you to choose the right place for your investment and make money from there.
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August 07, 2018, 02:15:18 PM
 #117

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".
I suppose that IQ is affecting everything that person is doing and in what it is involved because it is a coefficient that is affecting all the way how person is doing things, and it would be more effective if you have high.

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August 07, 2018, 02:28:45 PM
 #118

It is obvious that people who have the highest IQ are more successful in various spheres of life and trading is not an exclusion. I consider sincerely that somebody should not be a trader if one is not smart because trading is fast way to lose money.
There are also important experiences, skills and  an emotional control to be a successful trader because trading is a very difficult activity.
I totally disagree, I mean, if you can't, you don't have to be a trader ?You was born to walk when not able,it does not mean that you should not go because you don't umesaki? I think everyone should do what he likes, take risks and win.If you do not know how to trade then read the literature ,crypto bloggers and various forums,but many mistakes you will make but sooner or later you will learn !
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August 07, 2018, 02:30:45 PM
 #119

it depends on what you understand from IQ word if you mean IQ test results, it can be tricky but if you mean intelligence yea of course it will affect the success rate of  your trading.
Yes perhaps you are right that intelligence affects trade, but the brain he as muscle if you will to read many and learn the you increase their ability to.And then intelligence will not be a barrier, it would be a desire !
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August 07, 2018, 04:25:29 PM
 #120

IQ does not affect the outcome of the trade. The result is affected by discipline and emotional stability of the character, as well as perseverance.
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