Does the forex need you as an mathematician??

[toyfur2]

Currency trading education should really show you what the Forex market is, how it works, how to interpret charts and what resources you need to trade in the Forex market.

[Amitpaul]

I think in forex mathematicians must be need because sometimes forex complicated.so that time the solve and analysize the market is need a mathmaticians.

[faisal0833]

Forex is a simple calculation, is a mathematician, but it does not mean that you need skilled mathematicians foreign exchange. Not solve any normal mathematical calculations and his forex trading is very important for everyone.

[rubel1]

That we use in calculations, and also of logic... it also requires mentally calculations like you need to calculate the Forex trading by your own analysis mathematics .. i don't think so that you must be mathematician to start the forex business...

[m.h.mithun]

Let's examine the steps for becoming a forex trader.
1. Trading Capital

Forex traders do not need to have a lot of capital to trade due to being able to trade on margin. The average forex broker requires at least $300 to open an account and start trading. A good rule of thumb is to have at least $1000 to open a mini account, preferably $2000. This number might sound a little high for beginners, but this will allow you to trade with a bit of a buffer in case of losses. 2. Open a Demo Account

A forex trading demo account is an a trading account with monopoly money in it that is connected to the live market. Trades can be placed in real time and represent what would be true losses and gains if the money were real. Before you put 1 penny on the line with trading, you'll need some practice. A demo account will give you the ability to practice trading without the pressure.
3. Forex Training or Practice

Aside from practicing, you may want to seek some trading advice from a forex trainer or forex books. As a trader you will need to develop your own style and trading ideas, but in the beginning, it can be helpful to have some professional direction and recommendations. Forex is very daunting in the early days and some guidance can really help.
4. Become Profitable

Before you actually commit to live trading and money on the line, you should be able to profitably trade on your demo account or with paper trading. Your track record should be more than a few weeks, at least 3 months, preferably 6 months. It will be difficult to refrain from trading after you make those first few profitable trades, but experience really counts in forex trading. It's something that you cannot work around, you have to get it the old fashioned way, hard work.
5. Go Live

After practicing for several months, doing a little training, and getting some forex education and becoming consistently profitable, it's time to start making live trades. You may find that it's a little different to have actual money on the line, but if you stick to the same practices you used to be profitable while trading the demo account, you will be successful.
Bad trader qualities:
When selecting forex brokers, watch out for these warning signs and if your forex broker exhibits many of these traits, take care to avoid them:
- Broker advertises opportunities that sound too good to be true.
- Broker has guarantees of profits or claims of high performance.
- Downplays risks or tells you that a written risk disclosure statement is just a routine formality imposed by the government.
- Do a poor job of explaining trading on margin.
- Tell you they will trade for you or that they conduct trades in interbank market.
- Require you to send or transfer cash on the Internet, by mail, or otherwise.
- Makes getting the company's performance track record difficult.
- Makes requesting for background information difficult.

[toyatasrif]

Must be Mathematics is needed in forex trading, when market up & when down, how much it be down or up this calculate help you to profit. so mathematics & knowledge & study is must needed.

[m.h.mithun]

, forex market is larger than stock market.knowledge and experience about forex market is very necessary for trading in forex market.therefore a new trader can use demo account and if the trader become successful then he or she can open real account and start trading...
How much money
a trader need to trade with is not important.a trader can realistically start with as little as UD$200.on the other hand ,a new trader can use demo account and if the trader become successful then he or she can open real account and start trading...
When stock market is going down and down, in forex, one currency is always up!forex market is larger than stock market.forex market open for 24 hours.by trading daily with experience and knowledge , atrader can be a millionaire.knowledge and experience about forex market is very necessary for trading.

yes,
Main reason for loss:
You will be required to deposit an amount of money (often referred to as a�security deposit� or "margin")with your forex dealer in order to buy or sell an off-exchange forex
contract. a relatively small amount of money can enable you to hold a forex position worth many times the account value.This is referred to as leverage or gearing.The smaller the deposit in relation to the underlying value of the contract,the greater the leverage.The Risks of Trading in the Forex Market .If the price moves in an unfavorable direction, high leverage can produce large losses in relation to your initial deposit. In fact,even a small move against your position may result in a large loss, including the loss of your entire deposit. Depending on your agreement with your dealer, you may also be required to pay additional losses.

[hafiz00]

yea , I think , Forex need an mathematician . Because mathematics is mother of science . We can`t think a second without mathematics . So Forex need am mathematician .

[mmm2013]

I think we do not need it too much but we have to learn how we calculate profit well and calculate the number of points so that we knew so well

[slametzz]

No there is no need to be a mathematician to be a good trader and forex does not require any such qualification. The basic thing is the knowledge about the forex and some practice of trading on demo account.

we must master the forex money management well, we should be able to calculate the losses, the risks and benefits of using a count, though not an expert but we must master the science of calculation