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Is math important for trading?
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.
會員從Jul 23, 2020開始
696帖子
Dec 14, 2020 at 13:13
Why do we need the basic knowledge of math in trading like what?
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?
會員從Dec 25, 2019開始
19帖子
Jan 19, 2021 at 14:28
There are a lot of free calculators out there now that can calculate everything for you.
會員從Oct 07, 2016開始
72帖子
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.
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.
會員從Jul 23, 2020開始
816帖子
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.
會員從Jul 20, 2020開始
385帖子
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
