Unellene

Biedrs kopš
283 ieraksti
Oct 17 at 10:37

any aspects will be important in Forex trading, even insignificant, therefore absolutely everything cannot be ignored

Rachel
(REB_FX)

Biedrs kopš
50 ieraksti
Oct 17 at 16:19

UweMoench posted:

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.

Hope not or I am a lost cause haha

LucasRogers

Biedrs kopš
13 ieraksti
Oct 20 at 16:43

Actually, basic knowledge in math of course is required in trading in order to calculate possible profit and possible losses. Moreover you have to calculate how much money from your deposit you should use for one deal. In my opinion, math is important in your life, not in trading. For trading you need just basic knowledge as I said. Nevertheless, if you like math and you're fond of learning math you can also try to calculate the possibility of your win or lose. However, these methods would better not be used, because it's so silly to calculate. You will just provide yourself with negative emotions in case of unpleasant consequences.

forexstudio1

Biedrs kopš
12 ieraksti
Oct 21 at 05:45

It depends on your approach to trading. If you employ algorithms or sophisticated quantitative models, then I'm sure you'd need to understand a lot of high-level math.

Whether you make money is another question. You could be very gifted at math and still blow up your account if you ignore the fundamental financial or economic factors in the markets and fail to manage risk appropriately.

Whether you make money is another question. You could be very gifted at math and still blow up your account if you ignore the fundamental financial or economic factors in the markets and fail to manage risk appropriately.

manirex

Biedrs kopš
18 ieraksti
Oct 21 at 06:12

yeah its important in terms of financial factors

LarssonWilliams

Biedrs kopš
11 ieraksti
Oct 21 at 08:02

Basic maths is definitely required.

croisssan

Biedrs kopš
499 ieraksti
Oct 21 at 08:43

As for me, this is a big plus for a trader. Such sciences are definitely worth understanding for a trader.

GraceGilm

Biedrs kopš
124 ieraksti
Oct 21 at 15:15

many aspects are useful in trading, and mathematics is no exception

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