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[Horia_10]

In most of the Asian countries where there is ease of laws the brokers are heavily advertising their products , though generally the situation is different in other countries of the world and people loose more when they are uneducated

Do you think that education can help guide the people and we can produce better traders that are profitable for market and themselves in longer run ?

 

[IB DD]

Experience is the biggest teacher. With trading, one gets better with time and experience. A lot of learning happens on the journey. And this self learning is also educating oneself.
But to start with, a base knowledge is always helpful. You don't go like headless chicken. You can get this base knowledge through paid courses, free available courses, reading around it, talking with people, being apprentice of someone who is already into it.

All the ways you listed in the down part of your post are all forms of education. Education would let you know the psychology and rudiments of selling. You don't just start trading without knowing what target markets are for starters.

 

[Crystal247]

Education can help a lot of traders on how to succeed on a business, because they will specialist on different strategies on how how to run a successful business. As you mentioned on the thread, it's a way experience.

 

[abdul001]

I think education is also contribute to a success of a trader, but sometimes, trader needs skills and motivation added to the education. Because even if you learn a lot, you have to put to practice, and sometimes you may face loses while on the race.

Yeah, you are right but education is always the back bone and is what makes a successful trader couple with some other personal trait and this differentiate two people with same form of education .

 

[Crystal247]

They're some business you can't run without education, I mean without studying the business you can't run it. That's why education is like assistant for a business man, especially in this modern life.

 

[Crystal247]

In most of the Asian countries where there is ease of laws the brokers are heavily advertising their products , though generally the situation is different in other countries of the world and people loose more when they are uneducated

Do you think that education can help guide the people and we can produce better traders that are profitable for market and themselves in longer run ?

Uneducated can lead to loses as you mentioned because you may run a business without understand the strategies to apply for you to succeed. Education provide best guidance to traders making it easy for them to succeed.

 

[Wisdom01]

I think education is also contribute to a success of a trader, but sometimes, trader needs skills and motivation added to the education. Because even if you learn a lot, you have to put to practice, and sometimes you may face loses while on the race.

Yeah sure education is an important factor in trading , I believe the skills particularly matters too , but for the forex trader to actually keep learning , they should understand the concept of education and others too

 

[Crystal247]

Yeah sure education is an important factor in trading , I believe the skills particularly matters too , but for the forex trader to actually keep learning , they should understand the concept of education and others too

That's the fact, education provide clare guidance for traders on how to succeed on a business. I remember when I was at secondary school I really perform well on a business study.

 

[arunima25]

All the ways you listed in the down part of your post are all forms of education. Education would let you know the psychology and rudiments of selling. You don't just start trading without knowing what target markets are for starters.

You have rightly said that all these that I have mentioned are ways to educate oneself about trading. What you learn through experience is also a way to educate yourself. We are blessed to be in an era of digital world. One has access to various means of learning and educating oneself. And it's quite convenient, economic and flexible. People just have to find time to devote and learn.

 

[Crystal247]

You have rightly said that all these that I have mentioned are ways to educate oneself about trading. What you learn through experience is also a way to educate yourself. We are blessed to be in an era of digital world. One has access to various means of learning and educating oneself. And it's quite convenient, economic and flexible. People just have to find time to devote and learn.

That's the benefits of education. I believe education is the main solutions to a lot of traders problem. Education help a lot of traders to understand market range and how to plan a successful business. Education help traders to specialist on different ways to succeed on a business.

 

[arunima25]

I agree with the above post. We have to see education in the real sense and expand it beyond the limits of textbooks and classes. Even when one is totally into trading and is thriving well, one can not leave behind the education part. Market is ever-changing and our finances including trading depends on that. You have to keep updating yourself with the latest trends in the market. So, education would be an ongoing process.

 

[Skylark]

It can certainly give you a leg up. For one, education can help you to understand the basics of the financial markets, which is essential for making informed trading decisions. Additionally, many educational programs cover topics like risk management, which can help you to avoid costly mistakes.