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

[raider150shifter]

Of course the answer is no, mental ability isn't the only thing that
matters in trading. for example having emotional control is also very important.

[gabmen]

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 !

Well that would cover logic and analytical understanding so obviously the answer is yes. It's not just about reading the market movement but reacting soundly. Anyone with high iq would be able to do so.

[TopT3ns]

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 experience is more important than IQ, people with high IQ is really smart, but not smart enough to face market manipulator. who win in market is holder, someone who keep be patient to gain profit in his asset even don't have high IQ

[capoeira]

not much to do with IQ.
you have to be smart (there is a diference)

[Nayborksta]

I wouldn't say that it does affect you trading. IQ might help you with finding good opportunities and good projects but the trading aspect is based on your patience, strategy and goals you set.

[coinluisa]

Nope. All IQ means is the ability to pass IQ tests. That's it.

You could be the most intelligent person in the world but a useless trader if you have no control over your emotions. Maybe being a little dull upstairs makes you better. You won't be swayed by theoretical possibilities. You'll stick to your moves.

Control over your emotions is the one thing above all you need. Not many have it.

That's true even a people have high IQ but it comes to control the emotions it's hard to them. In trading in crypto it's not important if you have high IQ or not the important to crypto is the strategy and how to manage your funds.

[Ilegendph]

Nope. All IQ means is the ability to pass IQ tests. That's it.

You could be the most intelligent person in the world but a useless trader if you have no control over your emotions. Maybe being a little dull upstairs makes you better. You won't be swayed by theoretical possibilities. You'll stick to your moves.

Control over your emotions is the one thing above all you need. Not many have it.

Your statement applies to all of the field but I disagree when you say that "All IQ means is the ability to pass IQ tests.That's it". It is proven scientifically that these test are can predict one's capability and I believe it is as effective in trading since it requires critical thinking and analysis. Of course emotion can interfere that's why there is what we so called "practice". I wise person knows that he would need a lot of experience and knowledge before he can be successful in a chosen field but for an intelligent person, he only requires a small amount of these experience and knowledge to become successful.

[biogesic]

I think its not really the IQ, but rather how a person can handle his/her emotions.

[vinbentrob]

Trader's IQ is definitely  an important  factor that affect the profitability of trading activities!   Cryptocurrency trading is fast and you must be thinking on your feet to be able to take advantage of the market when it's in your favour!

[FalcoonRed]

very influential because trading in crypto not only relies on luck but is a great skill, never rely on luck.

[valheru]

iQ is just a test. for me, the human brain is not a structure that can be measured by anything. The brain is a very general concept. A person's brain can work amazingly at trading, on the other hand, the same person's brain may not work well when writing a book. It is the experience that makes a person successful in a job.

[Finestream]

I think its not really the IQ, but rather how a person can handle his/her emotions.

I agree.Even if you have a high IQ yet very poor in making analysis and cannot control emotional fears,still you will not be successful in trading.Having a knowledgeable mind is not enough for trading,you have to develop your own strategies in trading and this will only be developed from your various experiences.

[Xenrise]

I think it is a great effect if a person tends to win a trade. I mean, that's a great feeling right? So, it affects the persons mind. And it is a great experience for a person to win trades. Winning and losing greatly affects persons mind.

[iv4n]

This topic is ironic, there are jobs where you don`t need to think at all, there are jobs where you need to think a lot, but definitely more IQ you have more better you will do your job, what ever it is. Dish washing or trading it`s the same in my opinion, if you give a stupid man to wash dishes he will brake everything, if you give him to trade he will lose all the money, smart man will do every job accurate, fast and without loses. These topics that deal with man's characteristics are related with trading in same way they are related with any job or activity, smart people do things better then stupid people, there isn`t nothing strange about it, it`s normal thing, people with more brain capacity can remember many things and apply them in real life.

[GawirZZ]

I think that is very influential on the results, trading is really needed good IQ because in analyzing coins it is needed but not just IQ if you want to succeed you also have to be diligent and smart.

[victorski]

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".

Yes, of course it is but I would not say that person with lower IQ is not having any chance, I would just say that higher IQ is a higher chance to be successful in any sphere of your life including cryptocurrency trading.

[impulse709]

IQ is not really important in trading, high IQ but they have not learn how to trade then they will lost soon. I think the main things that decide a traders succee is how they learn and move follow the market.

[hatsoff2btc]

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.

I think that IQ play an important role in our life. We can also call is as our common sense which can enable us to take a right decision in a right time. I think that those people who have common sense then they can leas a an easy and successful life. Their common sense enable them o leas a perfect and successful life.

[capoeira]

This topic is ironic, there are jobs where you don`t need to think at all, there are jobs where you need to think a lot, but definitely more IQ you have more better you will do your job, what ever it is. Dish washing or trading it`s the same in my opinion, if you give a stupid man to wash dishes he will brake everything, if you give him to trade he will lose all the money, smart man will do every job accurate, fast and without loses. These topics that deal with man's characteristics are related with trading in same way they are related with any job or activity, smart people do things better then stupid people, there isn`t nothing strange about it, it`s normal thing, people with more brain capacity can remember many things and apply them in real life.

high iq people have generaly a hard time socializing an therfore a hard time understanding people (mass psicology), which at the end drive the market

[bitgoldpanther1978]

In trading you need knowledge, strategies, self-control, and experience. Trading can be learned through guides and of course experience.

You need self-control to manage emotions through losses. You can't think of better ways if emotions get in the way. Losing is part of the trading, but what is important is how get back.