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Is math important for trading?

UweMoench
Dec 13 2020 at 11:33
635 příspěvků
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.

SofieAndreasen
Dec 14 2020 at 13:13
658 příspěvků
Why do we need the basic knowledge of math in trading like what?

Faujinn
Dec 15 2020 at 14:26
57 příspěvků
There is no denying the fact that with mathematical talent and inclinations, it is easier for you to figure out your strategies.

Agazon
Dec 16 2020 at 11:18
8 příspěvků
Forex trading requires a whole arsenal of tools and skills. To get started, you need a computer and internet. It is important to choose a broker and trading instrument for which you have the best knowledge. It is important to constantly self-develop. Learn self-control. Develop your trading system and stick to it.

donelderly
Dec 23 2020 at 10:35
22 příspěvků
It is important to be able to analyse and read charts and trends. Basic math will do.

reggae
Dec 23 2020 at 11:18
61 příspěvků
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.

winklebew
Jan 18 at 04:06
17 příspěvků
That’s right. A basic knowledge of mathematics is all a trader needs to understand the technical part of trading. Rest is all learning and skills.

Suarez
Jan 18 at 10:52
55 příspěvků
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?

Ninjan
Jan 19 at 14:20
15 příspěvků
Yes and no.
It all depends on the complexity of the chosen strategy and generally a lot of individual parameters.

Thorgaswyn
Jan 19 at 14:28
18 příspěvků
There are a lot of free calculators out there now that can calculate everything for you.

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