Your opinion on Mathematical proficiency for trading?

>>1739251
>game of knowing markets and knowing math
nobody can know the market it's pretty much random because there are too many inputs that are random.

math will help you sure, but it's really elementary math you need. calculating compound interest (or costs) is the omega of all /biz/ calculations.

if u look into a lot of interviews with sucessful traders/investors (penny stock short term up to buffet) they dont know any math

and on the flipside the math heavy quants just automate basic TA and fundamental concepts so they dont add anything to the trading side

not sure what im getting at but theyre all idiots, dont worry about maxing out on math

If you were smart you would pay some nerd to do your math for you

>>1739351
Yea in this case "markets" as I'm using the term is more of a sweep term including for example the components and most useful combinations of an options contract, different ways to hedge different risks, the way margin works in a futures account, the idea of controlling the maximum risk on any given position, developing a theory on an edge and then testing it to check its statistical validity, etc, less so than predicting fluctuations or the reasons for those fluctuations. I agree though and believe the idea is important enough to cite just in case anyone would read what I said and believe they could develop some way of predicting the future. I only attempted to predict the future and was often surprised and confused when I was just as often wrong in my early days of trading. Thanks for your input and everyone else's as well.

you don't need math, let the nerds figure out the models and leading indicators. All you need to learn is how to apply them, familiarize yourself with stochastics, macd, rsi, bolinger bands, 8 exp. ma and most importantly candlesticks. once you overlay these indicators, and do some psychedelics, then you'll be rocking and rolling. cheers. oh also, you need a steel gut and the right amount of apathy.

>>1741083
>different ways to hedge different risks
not that fucking meme again!
financial advisors cling to every fucking straw to validate their pitiful meaningless parasitic existence.

>>1741083
Find value companies, buy values companies. Break down balance sheet, value the company and share price. break down income statement and look for company growth, spend some time looking at the cash flow statement, and read up on earnings calls.. Very basic math involved