Post
Topic
Board Trading Discussion
Re: A successful trader must be an educated trader?
by
Coin-1
on 20/06/2018, 15:31:37 UTC
I think to be succesful trader we don't nees to be educated trader, because the main thing on trading that you need is experience. You must believe on your trading experience, in trading the lucky also needed, but if you have done all of your effort then you just need to wait for lucky. Educated trader not certainly always gain profit.

Experience is important no doubt, but we also cannot ignore the importance of education for a successful trader, specially education that is related to your profession. Education make you broad minded, It increase your capability and help you in capacity building. I think education can play an important role in trading.

I agree with you that education is important in trading. But education means mostly a using of technical analysis which is almost useless on the highly manipulated crypto exchange markets. Who can teach the trader to read and correctly analyze the news? Only himself. In my opinion, the successful trader must be involved to the crypto currency world and be acquired about the current situation in the world politics and economics that impact on the prices of coins. Education is important to avoid a gross well known mistakes in trading.