Does Education Matter in Trading?

[Reaver]

Personally, I do not think a degree really means too much of anything, especially when dealing with something like trading. It's kind of like this car mechanic in the town I grew up in. He couldn't tell you what the hubble telescope was, or probably even spell it, but that guy could rebuild a transmission blindfolded. (hint: rebuilding transmissions is much more profitable than spelling well). I think the markets are just something you learn from exposure, and I don't mean go out and start trading with real money to learn, I mean get amongst it and just learn it, and it will become intuitive to you over time. I have met some very intelligent people that have degrees, and I have met some very unintelligent people that have degrees. I think the ability to participate well in the markets is a learned trait that is completely separate from formal "book" knowledge. I personally went into the military while my friends were heading to college and I am playing catch up now, but I know for a fact that I learned more from actually travelling the world than my buddies did in college. Long, rambling post I know: The point I'm making is, learning the markets and becoming a profitable trader is something you can acheive with or without formal education.