UweMoench
Členem od Jul 19, 2020
751 příspěvků
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.
SofieAndreasen
Členem od Jul 23, 2020
759 příspěvků
Dec 14 2020 at 13:13
Why do we need the basic knowledge of math in trading like what?
Faujinn
Členem od Nov 02, 2020
57 příspěvků
Dec 15 2020 at 14:26
There is no denying the fact that with mathematical talent and inclinations, it is easier for you to figure out your strategies.
Agazon
Členem od Oct 06, 2020
8 příspěvků
Dec 16 2020 at 11:18
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
Členem od Nov 12, 2020
22 příspěvků
Dec 23 2020 at 10:35
It is important to be able to analyse and read charts and trends. Basic math will do.
reggae
Členem od May 11, 2020
74 příspěvků
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.
winklebew
Členem od Nov 20, 2020
17 příspěvků
Jan 18 2021 at 04:06
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
Členem od Jun 01, 2020
55 příspěvků
Jan 18 2021 at 10:52
reggae posted:You could consider the basic mathematics, that is, addition and subtraction which basically apply in forex trading, no?
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.
Ninjan
Členem od Dec 06, 2019
19 příspěvků
Jan 19 2021 at 14:20
Yes and no.
It all depends on the complexity of the chosen strategy and generally a lot of individual parameters.
It all depends on the complexity of the chosen strategy and generally a lot of individual parameters.
Thorgaswyn
Členem od Dec 25, 2019
20 příspěvků
Jan 19 2021 at 14:28
There are a lot of free calculators out there now that can calculate everything for you.
Shardie
Členem od Oct 01, 2020
13 příspěvků
Jan 19 2021 at 14:39
Well, you certainly don't have to be a PhD, but you do have to assess the risk of each order and the necessary investment, the size of the spread, etc. And all of this is the real math.
KnowFinance
Členem od Jan 16, 2021
85 příspěvků
Jan 20 2021 at 05:16
A basic maths knowledge is sufficient. For trading one must be focused, determined, critical thinker, and should possess analytical & research skills.
Murat YAZICI
(muratyazici)
Členem od Oct 07, 2016
47 příspěvků
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.
MichaelEX
Členem od Jan 21, 2021
48 příspěvků
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.
Mohammadi
Členem od Aug 11, 2017
886 příspěvků
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 ,
Roberto21
Členem od May 02, 2019
364 příspěvků
Feb 21 2021 at 05:22
Due to small balance I always have to depend on scalping that brings profit in a short time. But it causes a great loss sometimes, because within short it’s really difficult to predict the market with certainly. So I think long term trading is too much safe and sounds.
Michihito
Členem od Jul 19, 2020
298 příspěvků
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.
Lee Baxter
(bax699)
Členem od Oct 23, 2018
29 příspěvků
Feb 21 2021 at 14:43
Basic maths is all that you need really
LyudmilLukanov
Členem od Jul 23, 2020
869 příspěvků
Feb 21 2021 at 17:41
bax699 posted:True. Traders don’t need any advance math for trading.
Basic maths is all that you need really