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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 ?

 

[a_jerobon]

Yes, I think having basic education does help a lot with making one to understand forex trading better. If you are completely illiterate, it will take you a long while to grasp the knowledge behind forex trading. That is something that most people struggle with trying to trade yet they don't know much about it. But if you have basic skills like ability to read or listen to English and read charts or follow world events, you will be better at trading.

 

[Horia_10]

This is a great answer I second to your opinion that education has prime importance in any field and an educated person can always lead his troops or his business better than a non educated or relatively less educated person , one thing that makes a educated person succeed is the patience that comes as you keep educating yourself

 

[Skysaint]

It actually depends on how you define education. In a more simple term, I will just say that knowledge will help you to become a good trader especially on that is related to trading and finance.
Because as far as I know, I don't see how being grounded in chemistry will be of any importance to you as a trader. So that's why I said it actually depends on what you meant when you said education.
Generally, knowledge is power and the more you acquire it, the more you do better in the related field of life.

 

[Wisdom01]

yes I feel education could improve the understanding of how the forex trader would have instinct on how to go about trading in the market ,the market comes with huge risk and we need to be prepared with the way we carry out of trading analysis and many others

 

[Player1]

When people hear the word education, they quickly assume it has to be done within the four corners of a school building, which is not usually the case. For anyone to succeed in trading or anything in general he or she needs to be educated in that field. The reason why we have so many persons loosing massively in trade is cause majority of them went into trading without having the proper knowledge of how trading works.

 

[Horia_10]

I agree with your suggestions when people go into the trading without effectively having a proper learning and knowledge of the subject , they fall massively , make big loss and then blame many things that don't even play a role in their trading along with their non diligence only that plays a huge role .

 

[Wisdom01]

When people hear the word education, they quickly assume it has to be done within the four corners of a school building, which is not usually the case. For anyone to succeed in trading or anything in general he or she needs to be educated in that field. The reason why we have so many persons loosing massively in trade is cause majority of them went into trading without having the proper knowledge of how trading works.

I think the poster should have been specific , probably he meant high school education or the normal trading education ,but it's best to even get the two , because they are going to provide better framework for the person involved to make money off trading because he or she would learn properly

 

[Horia_10]

I think the poster should have been specific , probably he meant high school education or the normal trading education ,but it's best to even get the two , because they are going to provide better framework for the person involved to make money off trading because he or she would learn properly

You can generally take example of a trader that has Atleast high school level education , below that I don't consider them as traders because they can't understand the market on their own with such low education and therefore yoy have to give some margin to people which I gave you in the post ; and now clarified what I was referring to ; ...

 

[Horia_10]

I do have seen a lot of ads by them ; but the fact is that unless there is support from the governments for the people ; the investors that don't have the knowledge always will loose their money in forex , since it is risky market and therefore not for everyone and only for the educated and experienced people in the market , education can help therefore produce better traders in the market .

 

[Potuse]

Education is very important in anything that you want to do. The education in my own context does not necessarily mean a formal education, but it is an education on the business that you want of venture into or around the skill that you want to make money from.

You must get access to information on whatever you want to do so that you would be able to make profit from it and probably succeed very quickly.

You could get your equipped in any business that you like by enrolling for a free program on YouTube.

 

[Horia_10]

I Agree that Education not only makes you a better person ; but your temperament grows as well and you start to behave better with people .

You start to think more and speak less which is a good habit

Your choice of words and action improves that makes you fall in the category of most liked people in your town or Country .

 

[Ofonime]

I agree with your suggestions when people go into the trading without effectively having a proper learning and knowledge of the subject , they fall massively , make big loss and then blame many things that don't even play a role in their trading along with their non diligence only that plays a huge role .

If you are talking about acedemic qualification I dont think that its matters at all what I know is that when you start trading the only knowledge which you need is the ability to interpret how each indicator react.
You also need to know much about te pair which you are trading with.develop good strategy and better analysis
.
But education can be an advantage because if you cant read nor write you wont be able to read the chart properly.

But if it is qualification forex dosnt need any qualification all you need is the knowledge and skills which can be derive from an expert or through a site like babypips and forexfactory.

 

[ektalakra]

A proper education help trader understands the risks of the market and how to stay protected. If you are in the market it is important to protect your capital by avoiding risks. Education help understand the market and the risks related to it in a better way.

 

[Horia_10]

Education is always important though it is more important in life but the benefits of business education and benefits of having the learning of subjects like economics and cost account play a huge role in the thinking of a person and he/she become a great business person if he has the knowledge calmness and sense of doing a business actually .

 

[Lusifer]

While it is important to make money in the market is virtually important that you project your capital to a proper education will enable you to understand the risk of the market and how to stay and protect it and education to teach us it's how to Trade While education Helps us a lot

 

[Horia_10]

Trading and teaching do have an very important relation which starts from an individual learning the approach and applying it to his sense in the trading , and such things always make a trader more capable of handling different pressure situations which may come over the lifetime of a trader , So such things actually make him well equipped and then a trader can become successful actually with time .

 

[Ridorz]

Education is very important and it is an imperative thing that anyone who tends to start trading must have before the trading. Education is the best, there is no how anyone can run a business successfully without proper education, business is not what we can just jump into without having good knowledge of the particular kind of the business.

 

[Horia_10]

Most of the investors that have made big bucks from the market by doing sensible investing are all the by products of education and no trader can actually produce good results and even if he does so then that will not be long term and therefore education wikl always allow an trader or investor to make calculated decisions and great profits too .

 

[a_jerobon]

Education is very important and it is an imperative thing that anyone who tends to start trading must have before the trading. Education is the best, there is no how anyone can run a business successfully without proper education, business is not what we can just jump into without having good knowledge of the particular kind of the business.

That is a very good statement you have made. Indeed education is a very important thing when it comes to any type of business or investment. It is through it that you understand fully what you are doing and so you can trade without making losses. That is something that most newbies fail to do, they forget to go through education first.