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

[slaman29]

IQ is intelligence, how smart you are so, fine. You can learn quickly, you can master TA, you can identify all the patterns quicker and more naturally than a lower IQ person.

But that doesn't make you more successful at trading. Your strategies and the way the market moves aren't at all affected by intelligence, not to me anyway.

Does it ever occur to you that the most successful stocks people aren't high IQ but high EQ as someone points out above?

[JooBra]

I think emotions have same effect like IQ in trading so to be successfull its not easy and one dimecional.

[nhaila]

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 natural that your intelligence questions in cryptocurrency will definitely give you good results in trading. However, it is not always right to expect good results.Before trading, you must trade with a market analysis.

[Flexystar]

I also don’t think that IQ is something that can define the ability of person to trade effectively. There could be one more point here, person with high IQ may not even think about trading because they could simply be doing something better than sitting at home in front of screen. That’s just my thought but reality could be different than this.

However, there are people that I know who are just average like me and yet they have accomplished bigger things in their lives which seems work of high IQ person.

Similarly in trading, I don’t think having high IQ means bigger success.

[Woodie]

IQ has nothing to do with trading, its all about some common sense, skill and knowledge of the charts then you should be good to go!

If IQ was among the important components then this would mean trading is meant for the intelligent and nothing else...which is wrong to say.

[retreat]

IQ has nothing to do with trading, its all about some common sense, skill and knowledge of the charts then you should be good to go!

If IQ was among the important components then this would mean trading is meant for the intelligent and nothing else...which is wrong to say.

if you don't have an IQ that is above average how can you control your thinking and also memorize all the available skills? imo IQ is still needed in trading because trading is related to making decisions based on extensive calculations, so IQ plays a strong enough role in one's future.

[kamilah147]

High IQ is a person's intelligence in the field of science. A high IQ makes a person quickly understand what he is learning. However, in trading as smart as any we are if we are not able to control our emotions will end badly. Some smart people have traded before, but they are not familiar with the market. So with some losses incurred they had to leave the trade. this is why in addition to IQ or high intelligence we must have patience and good management.

[Emitdama]

IQ has nothing to do with trading, its all about some common sense, skill and knowledge of the charts then you should be good to go!

If IQ was among the important components then this would mean trading is meant for the intelligent and nothing else...which is wrong to say.

So, you're saying that common sense is much better than i.q when in fact that i.q is actually twice better than common sense. Anyone can have a common sense because it's common anyway, its name says it all but not all have an i.q that are high. I know i.q can be inborn too but common sense isn't and can be easily learned.

A person that have a higher i.q would means that he is smart. He can easily learn things including trading and become good at it. Trading is really for the intelligent. Can't you see that there are less number of traders compare to investors? because they say that trading is hard while investing is much easier.

[Ryker1]

^[snip]

A person that have a higher i.q would means that he is smart. He can easily learn things including trading and become good at it. Trading is really for the intelligent. Can't you see that there are less number of traders compare to investors? because they say that trading is hard while investing is much easier.

Well, that is exactly right --there is an advantage if people who join in trading have a high IQ, they will easy to understand technical analysis especially to do mathematical problem not need to answer quickly and you are right, there are a huge number of investors than the traders because investing is like a safe zone, you are safe while seeking profit, all you have to do is to wait a perfect time. So it has really great in trading if you are a highly intelligent person, the chances of making profit will always be effective.

[stomachgrowls]

High IQ is a person's intelligence in the field of science. A high IQ makes a person quickly understand what he is learning. However, in trading as smart as any we are if we are not able to control our emotions will end badly. Some smart people have traded before, but they are not familiar with the market. So with some losses incurred they had to leave the trade. this is why in addition to IQ or high intelligence we must have patience and good management.

When you are smart or does have an IQ then you would immediately notice those mishaps or flaws even though not all people are really good on adapting such situation but most likely you would able

to realize for yourself on whats happening or where do problem starts or do begin and if you do find out that emotion is the culprit then this is where you do make out some adjustments.
Its true that not all high IQ or smart is really good on every aspect but speaking with adaptation and something correlates to it then it would not much of a problem.

[martina14]

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?

For me IQ is the head box of our mind here in the cryptocurrency, without this IQ we cannot do for sure a nice trading activity in any form of the exchange platform anyway. Because, if we implement this in the right manner surely in the end the result will gonna be good, just simple as that. Just always remember to control our emotions and use it properly when we do trade.

[lienfaye]

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.

Well said. Having high IQ is important but its not only the basis to succeed in trading. Its about how you control your emotion and discipline yourself. It is similar when we're still studying in school. High grades doesnt guarantee of a bright future (though its a stepping stone) because even your grades are just an average but you're strategic and working hard, then achieving your goal is possible. If a person wants to be a trader there's always a way to succeed even you're not that smart because experience is still the best teacher.

[Kopetunto]

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?

For me IQ is the head box of our mind here in the cryptocurrency, without this IQ we cannot do for sure a nice trading activity in any form of the exchange platform anyway. Because, if we implement this in the right manner surely in the end the result will gonna be good, just simple as that. Just always remember to control our emotions and use it properly when we do trade.

Actually, everyone has their own opinion about IQ and in some ways having a high IQ is also important,
indeed a high IQ is not the only indicator in decision making but in making the right decisions a high IQ is needed,
for sure trading is very complex and there are many things we must learn to prepare to trade

[19Nov16]

All factors are certainly needed for trading, besides IQ, the next factor is EQ - emotional intelligence, the market is very volatile so without EQ you will certainly be tempted to sell or panic too quickly when you see red prices, with a good EQ, traders can control their emotions so they can make the right decisions.

[Crypto Library]

I don't think IQ has a role to play in trading. Your IQ level is very high, but if you have little knowledge of trading then you will fail as a trader. In this case, the important things that need to be mastered first. I don't think IQ will play much of a role here.

[retreat]

I don't think IQ has a role to play in trading. Your IQ level is very high, but if you have little knowledge of trading then you will fail as a trader. In this case, the important things that need to be mastered first. I don't think IQ will play much of a role here.

as I wrote above, if you don't have an IQ above average how can you make a profit because those who have a high IQ must have the ability to adapt quickly and memorize basic trading skills and market habits. people who have a normal IQ must very rarely be successful in trading.

[Fivestar4everMVP]

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?

You answer is No.
High or low IQ does not affect ones decision making when it comes to crypto trading, having a high IQ does not make one a better trader than those with low IQ.
Though those with high IQ do have a higher level of learning and understanding, they tend to discern information faster, and this helps or assist them in learning faster, because they read and as well understand faster than those with low IQ, but however, this doesn't mean they know how to make a  better buy and sell decisions than those with low IQ.

[rojan]

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?

What I have noticed from this is that the lack of income cutouts as I have seen here does not guarantee that a good decision can be made for training here but sometimes it is useless for us to make an IQ decision here where training is discussed.  Either way, that's what someone picked up now

[Untomabur]

I don't think IQ has a role to play in trading. Your IQ level is very high, but if you have little knowledge of trading then you will fail as a trader. In this case, the important things that need to be mastered first. I don't think IQ will play much of a role here.

as I wrote above, if you don't have an IQ above average how can you make a profit because those who have a high IQ must have the ability to adapt quickly and memorize basic trading skills and market habits. people who have a normal IQ must very rarely be successful in trading.

Maybe there is some truth to it but I don't see high IQ as the only reference they will be successful in trading,
Normal IQ will be able if they keep trying and practicing,
besides that trading is very complex and requires preparation of many things

[Findingnemo]

I don't think IQ has a role to play in trading. Your IQ level is very high, but if you have little knowledge of trading then you will fail as a trader. In this case, the important things that need to be mastered first. I don't think IQ will play much of a role here.

as I wrote above, if you don't have an IQ above average how can you make a profit because those who have a high IQ must have the ability to adapt quickly and memorize basic trading skills and market habits. people who have a normal IQ must very rarely be successful in trading.

High IQ means someone like Alan in the hangover who is highly expertised in math so he can able to make some huge money in the casino? But in general we see him as a comedian right who just act so uncommon while comparing with others so we don't have to confuse the skills with IQ which are slightly different and someone who practiced crypto trading all the day for years can perform better than someone who is intelligent but new to crypto market.