No I'm not agree that every successful trader is educated.I have a few friends that use trading and he/she is already successful trader now.but he/she is not educated person.maybe other people is educated and being successful traders.
High level of education will become a good thing for traders. But since there is no formula to be able to get steady income, high degree of education isn't the only thing to be able to be a successful traders.
Yes, and that means that a successful trader is not necessarily an educated trader, they are people without training, what they have is experience and intuition developed over time, with them, charts and analysis are meaningless, they only choose to focus on the simplest and easiest way to invest. In combination with natural luck, they are successful traders without education, however, also because the lack of knowledge, they are often very easy to panic and lack sophistication in many situation, in the long term, they will not be able to achieve greater success