Does forex needs a mathematician?

[PapiaKhatunAsha]

Hiya. When we speak approximately the calculate in forex so this specialty is for the mathematician... So what do you think about the dealer should mathematician or just the intelligence sufficient

[BubbleGum]

You can calculate the cost of one pip for any currency pair using the following mathematical formula: cost of one pip = 1 pip/exchange rate х trade size.

[dangtrader]

Originally Posted by PapiaKhatunAsha

Hiya. When we speak approximately the calculate in forex so this specialty is for the mathematician... So what do you think about the dealer should mathematician or just the intelligence sufficient

Asset pricing relies on such subjects as probability, statistics, stochastic processes and also programming because fundamentals and prices are constantly evolving so you need to make it fast. As you can see a trader should be very versatile if he wants to stand out in the competition.

[BubbleGum]

The Forex math behind currency correlations can be quite complex, so we won't delve into it in this lesson. But luckily for us, we don't need to know the math of trading, as there are many currency correlation tools in the market that can easily perform correlation analysis.