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Is math important for trading?

CraigMcG2020
Sep 17 at 06:56
135 ieraksti
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

KenAdams
Sep 17 at 09:52
40 ieraksti
If you know basic, then it will work.

Unellene
Sep 17 at 10:53
283 ieraksti
well, in general, trading is such a thing where many features of different knowledge may be needed, so yes it will be useful

SteveHanks
Sep 18 at 20:24
370 ieraksti
KenAdams posted:
If you know basic, then it will work.

Learning basic is very important. It helps a lot to make money from this market.

Nalehan
Sep 21 at 21:02
5 ieraksti
I do think that a trader should know math. I am not talking about high level calculus, but its fundamentals. First of all, math is all about logic and logic is a key to success.

marindateal
Sep 22 at 06:23
39 ieraksti
A general level of mathematics is always needed in every aspect of our life, even in forex, so yea, it's pretty useful to know your numbers.

CocoChannel
Sep 22 at 10:36
28 ieraksti
marindateal posted:
A general level of mathematics is always needed in every aspect of our life, even in forex, so yea, it's pretty useful to know your numbers.

I agree general maths would be enough but I think the most important is to have analytical skills.

owlkitten
Sep 22 at 11:56
9 ieraksti
You need at least high school level maths, ideally more. You need to be comfortable with number and number manipulation. Otherwise you cannot do risk management

AliForexTalks
Sep 25 at 17:05
51 ieraksti
Most new traders think their win rate is the most important math in their trading. It is not, you risk/reward ratio will determine your profitability more than a win rate. ... Capping your risk makes it easier to have a reward that is multiples of your potential risk. If you risk $100 to make $300 it is a 1:3 risk/reward.

Marraby
Oct 12 at 18:16
46 ieraksti
Well, math is not obligatory, but I feel that it might help improve your trading results. Making trading decisions implies logic and math is considered to be the language of logic. Math makes your trading ideas visible and coherent.

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