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Author Topic: Does IQ greatly affect a person's success in trading?  (Read 1266 times)
fitty
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August 11, 2018, 03:11:26 PM
 #141

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
You're right, psychologically they have a hard time in communicating with other people most of them, because they believe on their iq and it is not their practice they are more on reading than chatting or asking around in some other traders. Its not all there are many special things to be learned in cryptocurrency.

 
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LuciferEveningStar
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August 11, 2018, 09:49:14 PM
 #142

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 own opinion iq does not matter in trading, what you need is a good source of information in order to make a good decision towards trading and avoid losing your coins.
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August 11, 2018, 10:00:12 PM
 #143

I think it depends on where you draw the IQ line because if the difference is several folds then I'd believe that IQ plays a role in trading because a higher IQ person will much better and faster understand what's happening with the market.
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August 11, 2018, 10:45:48 PM
 #144

I don't think so. If you are a patient person, it would be enough to be successful in trading. Good decision making would be a huge factor in order to earn profit in every trade. IQ is nothing but approximation of an individual's capability of a particular field and has nothing to do with practicality which is more needed to earn profit in general.
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August 11, 2018, 11:01:51 PM
 #145

I don't think so. If you are a patient person, it would be enough to be successful in trading. Good decision making would be a huge factor in order to earn profit in every trade. IQ is nothing but approximation of an individual's capability of a particular field and has nothing to do with practicality which is more needed to earn profit in general.
Exactly.IQ does not mean once you are intelligent enough,you will be also a good trader.It takes a man's heart and mind to be a trader,and if you don't have your own skills and not patient and does not persevere at all,you will not be a successful trader.
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August 12, 2018, 03:34:41 AM
 #146

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 own point of view, even if you have low IQ it doesnt mean you have no chance to succeed,,, as long as you have strong determination to succeed it covers all your patience,emotions then you will,remember that a successful traders know themeselves better than  any other industry professionals,,,
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August 13, 2018, 10:04:17 AM
 #147

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.
I also think that IQ has great impact on your trading. If a person have good IQ he can understand and realize in a better way the best place and time for your investment and trading so IQ can play an important role making you successful in trading.
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August 13, 2018, 10:18:00 AM
 #148

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".

If being witty is an IQ then it needs to have a lot of IQ in order to be successful in this field because it doesn't need to be intelligent in the way that you are knowing it basically but there are some people that always make a way in this thing because Eq can ruin your decisions so for me IQ is the one because that involves strategic mentally skills
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August 13, 2018, 12:26:15 PM
 #149

https://addicted2success.com/success-advice/10-reasons-why-intelligent-people-never-achieve-success/

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August 13, 2018, 12:31:09 PM
 #150

In my opinion, having high IQ is not necessarily a good investment. For this market, intelligence can not make a profit. To make a profit of this market I find psychological factor is more necessary.
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August 13, 2018, 12:46:06 PM
 #151

I think IQ does not affect the success of a person in trading. The greater influence is rendered by experience and knowledge of the person.
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August 13, 2018, 01:16:13 PM
 #152

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".
Engaging into trading depends on the person himself. Higher IQ I think, has a little impact on one's success. Ofcouse, having higher IQ means a person would have a better decision making skills especially whenever the market is falling due to the nature of market volatility. So those that are having high IQ are more likely to avoid loss of profit due to their actions during the downfall in their investment as well as situation in the market.
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August 13, 2018, 01:26:55 PM
 #153

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".
Engaging into trading depends on the person himself. Higher IQ I think, has a little impact on one's success. Ofcouse, having higher IQ means a person would have a better decision making skills especially whenever the market is falling due to the nature of market volatility. So those that are having high IQ are more likely to avoid loss of profit due to their actions during the downfall in their investment as well as situation in the market.
High IQ together with a good self control and discipline would be always a good team-up for a trader because high IQ would be still useless if you cant able to control your temper or emotions which it would definitely lead to loss in your trading career but i do agree into the point that having higher IQ would always have the advantage rather than on the average ones but though it would be still needed on how you would utilize that given gift into you.

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August 13, 2018, 04:35:01 PM
 #154

I do not think QI has got anything to do with trading. Being super intelligent does not guarantee your success in everything and trading in highly inclusive. I believe trading is highly about following your gut after taking time to analyze the market. There is no doubt an individual with high QI may have very good knowledge about the market but may be very poor at making a judgement call when to buying or selling a particular coin. Therefore... i think when it comes to trading, QI has little or no influence in your success.
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August 13, 2018, 05:00:45 PM
 #155

very influential because diligent must also be balanced with a high IQ. it will help you to analyze coins.
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August 13, 2018, 05:31:05 PM
 #156

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 you should not be concerned about your IQ if you are having a success trading because it is not the only aspect that will affect your training success, you would be better searching and studying.

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August 13, 2018, 11:48:30 PM
 #157

I think IQ does not affect the success of a person in trading. The greater influence is rendered by experience and knowledge of the person.
I have been trading for 3 years, but the hardest thing is emotion. IQ does not have an important role in trading and I agree with that. but emotions are an important part and you will find difficult things with emotional control.

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August 14, 2018, 05:56:55 PM
 #158

If those who with a high IQ have a high accurated(not always perfect) in analyzing the market and have lot of trading experiences then their potential to succeed in "the world of cryptocurrency trading" is very big.
But what I know is that those with normal IQ, can also be successful in the trading world as long as they are patient and consistent in carrying it out.

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August 16, 2018, 08:19:18 PM
 #159

Actually it depends if does IQ greatly affect a person’s success in trading business because we have a different point of view in terms in life and business matters it really depends on you.
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August 16, 2018, 08:32:37 PM
 #160

No I would actually think the street wise individual who may have a lower IQ may have the edge.  The trading game is not logical at all.  I have lost countless amounts trying to solve it logically.  I think the guy that can read the situation the best will have the most success. 
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