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Is math important for trading?
Uczestnik z Jul 19, 2020
749 postów
Dec 13, 2020 at 11:33
For being a good trader you do not need to be an expert in math. Basics knowledge of math will do the work. Learnt to read the market. Observe charts as much as possible. Do demo practice and apply what you are learning. Learn by doing experiments. Have a learning attitudes. You have to spend a lot of time in learning.
Uczestnik z Jul 23, 2020
696 postów
Dec 14, 2020 at 13:13
Why do we need the basic knowledge of math in trading like what?
Dec 23, 2020 at 11:18
I guess you are implying that formulaes and calculation that are used in forex trading, which is useful but rather has very importance since the platform has already in built calculator that allows you to see profit or loss in each trade.
Jan 18, 2021 at 10:52
reggae posted:
I guess you are implying that formulaes and calculation that are used in forex trading, which is useful but rather has very importance since the platform has already in built calculator that allows you to see profit or loss in each trade.
You could consider the basic mathematics, that is, addition and subtraction which basically apply in forex trading, no?
Uczestnik z Dec 25, 2019
19 postów
Jan 19, 2021 at 14:28
There are a lot of free calculators out there now that can calculate everything for you.
Uczestnik z Oct 07, 2016
72 postów
Feb 13, 2021 at 12:36
For money management and especially in risk magement, Math is really important and necessary.
If you want to manage your money and long&term risk to obtain long&short term success, Math & Stat
should be best friend for you and your system, I think.
If you want to manage your money and long&term risk to obtain long&short term success, Math & Stat
should be best friend for you and your system, I think.
asiscrus.muratyazici@
Feb 20, 2021 at 09:23
Yes, basic math is important if you enter in trading because traders need research and analytical skills to monitor economic factors and chart patterns that impact financial markets. Math & Statistics can be your best friend for efficient trading.
Uczestnik z Aug 11, 2017
870 postów
Feb 21, 2021 at 04:54
learning keep a good importance, we all agree ,
besides this practice needed if anyone want to make sure good result from trading ,
besides this practice needed if anyone want to make sure good result from trading ,
Uczestnik z Jul 19, 2020
310 postów
Feb 21, 2021 at 11:59
Getting a good education about Forex is very necessary and important. If you have good knowledge about trading forex you can be a successful trader. There are many places are available on the internet where you can get good learning material and can start your forex career after getting good knowledge.
Uczestnik z Jul 23, 2020
816 postów
Feb 21, 2021 at 17:41
bax699 posted:
Basic maths is all that you need really
True. Traders don’t need any advance math for trading.
Uczestnik z Dec 28, 2020
167 postów
Feb 25, 2021 at 08:54
Basic math is required for trading so that you can have an exact idea of your profit and loss. And if you are pro in mathematics you can learn and do technical analysis by yourself also.
Uczestnik z Oct 16, 2020
125 postów
Mar 06, 2021 at 07:50
Basic Maths will make it easier to analyse the charts. No need of any advanced skills in Maths.
Uczestnik z Feb 08, 2019
200 postów
Sep 14, 2021 at 19:50
Yes, you need to understand percentages, multiplication and division as a bare minimum
Uczestnik z Jul 20, 2020
385 postów
Sep 17, 2021 at 06:56
Treeny posted:
Yes, you need to understand percentages, multiplication and division as a bare minimum
I agree with this and also probability and understanding that it is all a numbers game and the numbers need to play
