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Is math important for trading?

hitterbull
Mar 05 2021 at 11:51
32 postów
The basic understanding of maths will do and you don’t need to go into so much detail as well.

yana hansen (78678676)
Mar 06 2021 at 07:50
137 postów
Basic Maths will make it easier to analyse the charts. No need of any advanced skills in Maths.

feelsofine
Mar 06 2021 at 09:06
57 postów
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
Mar 06 2021 at 09:55
330 postów
Forex is a profitable business. Profit can be made by maintaining proper money management and risk rewards.

fredafernandez
Mar 30 2021 at 05:44
16 postów
The basic knowledge of mathematics is alright. You don’t really have to be a genius at math to start with forex.

RobSchiz
May 24 2021 at 17:59
567 postów
If you have basic knowledge about math, you can make money from this market.

RobertFerrari
Sep 14 2021 at 18:46
371 postów
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
Sep 14 2021 at 19:50
211 postów
Yes, you need to understand percentages, multiplication and division as a bare minimum

jakes90
Sep 15 2021 at 09:29
28 postów
Ofcourse, the basics are important.

croisssan
Sep 15 2021 at 13:37
939 postów
Not only mathematics is important, but also a general understanding of economics. But such knowledge is definitely not superfluous.

CraigMcG2020
Sep 17 2021 at 06:56
297 postów
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 2021 at 09:52
40 postów
If you know basic, then it will work.

Unellene
Sep 17 2021 at 10:53
283 postów
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 2021 at 20:24
536 postów
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 2021 at 21:02
8 postów
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 2021 at 06:23
53 postów
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 2021 at 10:36
57 postów
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 2021 at 11:56
9 postów
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 2021 at 17:05
94 postów
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 2021 at 18:16
48 postów
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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