hitterbull
Uczestnik z Dec 16, 2020
32 postów
Mar 05 2021 at 11:51
The basic understanding of maths will do and you don’t need to go into so much detail as well.
yana hansen
(78678676)
Uczestnik z Oct 16, 2020
137 postów
Mar 06 2021 at 07:50
Basic Maths will make it easier to analyse the charts. No need of any advanced skills in Maths.
feelsofine
Uczestnik z Dec 09, 2019
57 postów
Mar 06 2021 at 09:06
I think to the certain that maths are quite important in trading. You do not need advance skills in maths just like the user above said, even basic understanding that involves addition and subtraction are enough
Tremblay
Uczestnik z Feb 23, 2021
330 postów
Mar 06 2021 at 09:55
Forex is a profitable business. Profit can be made by maintaining proper money management and risk rewards.
fredafernandez
Uczestnik z Jan 01, 2021
16 postów
Mar 30 2021 at 05:44
The basic knowledge of mathematics is alright. You don’t really have to be a genius at math to start with forex.
RobSchiz
Uczestnik z Mar 25, 2021
567 postów
May 24 2021 at 17:59
If you have basic knowledge about math, you can make money from this market.
RobertFerrari
Uczestnik z Aug 15, 2021
371 postów
Sep 14 2021 at 18:46
hitterbull posted:
The basic understanding of maths will do and you don’t need to go into so much detail as well.
Yes. basic knowledge is needed to do trading in this market.
Treeny
Uczestnik z Feb 08, 2019
211 postów
Sep 14 2021 at 19:50
Yes, you need to understand percentages, multiplication and division as a bare minimum
croisssan
Uczestnik z Jul 22, 2021
939 postów
Sep 15 2021 at 13:37
Not only mathematics is important, but also a general understanding of economics. But such knowledge is definitely not superfluous.
CraigMcG2020
Uczestnik z Jul 20, 2020
297 postów
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
If you know basic, then it will work.
Unellene
Uczestnik z Aug 01, 2021
283 postów
Sep 17 2021 at 10:53
well, in general, trading is such a thing where many features of different knowledge may be needed, so yes it will be useful
SteveHanks
Uczestnik z Mar 17, 2021
536 postów
Sep 18 2021 at 20:24
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.
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
Uczestnik z Jun 14, 2021
53 postów
Sep 22 2021 at 06:23
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
Uczestnik z May 27, 2021
57 postów
Sep 22 2021 at 10:36
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.
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
Uczestnik z Aug 17, 2021
94 postów
Sep 25 2021 at 17:05
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.