Hello Faizanidrishi, You are poor, so you do not get to use OR gate logic thinking. You are poor, so you have to use AND gate logic thinking like me. Get you a college degree and a full time job with the degree and day trade at the same time. You have to do everything, not just 1 thing. Because you will need captial to trade too. You are too poor to only do 1 thing. I do it ALL. Work full time job, trade ES futures, stock invest, gamble with options trading.
Trading is one of the simplest job in the world. Oximoronically, it is one of the most difficult job to earn $$$. You just need to know simple maths + - * / to count $$$$, & to set TP and SL. You simply BUY LOW SELL HIGH SELL HIGH BUY LOW Just 6 years of education should suffice as trading is not rocket science. The more you study, the more you will suffer from DATA ANALYSIS PARALYSIS DISEASE.
I would think that to be a good trader you need to be good in math and stats and quick thinking, which are easy to determine early on. But you also need to read a lot and be intuitive, to understand trends and how they impact companies today and in the future. Do you need a college degree/MBA? Probably not, but education brightens the mind, an important asset towards life contentment.
Time lost and Costs are significant. Particularly the Cost in the U.S. A.I. says 2 years and $62,000.
Probably better spent than losing it trying to learn to trade. Education costs. Not many can get away with learning to trade without the market charging a tuition.
That doesn't make sense. You still need to learn to Trade after that. You just looking for argument? I thought that was what you had SML for.
I think what makes a successful trader is a tad bit Less of education....because they learn to think for themselves creatively, independently. People with too much education, or older people in general, have already hardened brains and structures and personalities. All of which, rather, negatively affects trying to understand and trade the market. There are alot of wisdoms and lessons that exists in observing the market. It's definitely not black and white, left brained, analytical, accounting or programming