Easy approaches to improve your trading activity

forex trading onlineDo you want to become even greater in your financial trading activity? Cannot figure it out why it`s always so hard to earn more cash with Forex market? Well, it is high time for you to improve your overall Forex trading activity. And today, you have good news – we can help you out. Below, you will see several effective and tested approaches to better trading. Check them out right away and use all of our tips to become a better trader:

Always be in shape for trading

If you are sleepy, not in a mood, sick or too tired, you should better not turn your computer on or go to check your smartphone for some Forex news to make trades. Always, be in a good shape for trading. Accept it as a workout in a gym. You need to be more focused and more motivated than ever.

Stop being obsessed with Forex

This is not gambling, but chocolate or junk food aren`t either. What we mean is that sometimes, you need to let some time go and then, to come back with new fresh ideas to renew your trading activity. Besides, even pros have those moments, when they feel too obsessed by Forex trading. This is not a good condition – not at all. Have social life, be at work in time and let the trading become your hobby that requires your full concentration and constant improvement exercises. But this should be a goal, not a sick fix idea!

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Fun math puzzle

puzzleMathematical puzzles don’t have to require complex mathematical formulas or the genius of Albert Einstein. In recent years the world has been sharing a series of maths and logic puzzles that were originally set for children, yet had the adults chewing their pens and pulling out their hair (in some cases, what was left of it!)
We have had the parked car puzzle which was set as a test for primary school children in Hong Kong, but many adults still found tricky to solve. Then came Cheryl’s birthday, a question set for 15 to 16-year-olds in Singapore, but seemingly impossible for anyone to solve. And then came the rod and string conundrum which stumped 96 per cent of top maths students in the US when it first appeared back in the 1990s.
Because all have proved so popular, and many of you have likely already solved those three puzzles, we’ve found another puzzle that will test your skill with maths.

The Puzzle

Eight married couples meet to lend one another some books. Couples have the same surname, employment and car. Each couple has a favourite colour.

Furthermore we know the following facts:

1. Daniella Black and her husband work as Shop-Assistants.
2. The book “The Seadog” was brought by a couple who drive a Fiat and love the color red.
3. Owen and his wife Victoria like the color brown.
4. Stan Horricks and his wife Hannah like the color white.
5. Jenny Smith and her husband work as Warehouse Managers and they drive a Wartburg.
6. Monica and her husband Alexander borrowed the book “Grandfather Joseph”.
7. Mathew and his wife like the color pink and brought the book “Mulatka Gabriela”.
8. Irene and her husband Oto work as Accountants.
9. The book “We Were Five” was borrowed by a couple driving a Trabant.
10. The Cermaks are both Ticket-Collectors who brought the book “Shed Stoat”.

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Mathematician Wins $700K For Solving Fermat’s Last Theorem

On 24 May 2016 Sir Andrew John Wiles KBE, FRS, a British mathematician and a Royal Society Research Professor at the University of Oxford specialising in number theory, received the prestigious Abel Prize worth over $700,000 for proving that an infamous mathematical equation known as Fermat’s Last Theorem was indeed impossible to solve.

Fermat’s last theorem

theoremThe solution to Fermat’s last theorem had eluded mathematicians for over 300 years. The hypothesis for this theorem was first stated by Pierre de Fermat in 1637 in the margin of a copy of Arithmetica. Fermat claimed that his proof was too large to fit in the margin. The theorem is an equation that postulates that x^n+y^n can never equal z^n for any value of n greater than 2. Proof of Fermat’s claim was never written down and over the next 358 years, mathematicians would search for the solution.

Listed in the The Guinness Book of World Records as the “most difficult mathematical problem”, partly due to having the largest number of unsuccessful proofs, Fermat’s Last Theorem stimulated the development of algebraic number theory in the nineteenth century and the proof of the modularity theorem in the twentieth century.
In 1994 Andrew Wiles, after seven years research, released a 150 page proof of the solution. This was formally published in 1995 (Annals of Mathematics 141: pp 443-551). The solution proves that all semistable elliptic curves are modular, confirming Fermat’s Last Theorem.

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Mathematics And Trading

math

You could be forgiven in thinking, if you watch movies showing mathematical prodigies solving everything from finding a killer to winning in Vegas, that on its own, mathematics will help you conquer the stock market. Don’t be fooled! If this fiction were fact, someone would have done it by now. However, it’s undeniable that mathematics can help you do better in stock trading as long as you can recognise risks and probabilities.

In trading, the ability to think on your feet maths-wise (e.g., 17 * 35) is more important than in other financial fields because you need to make quick decisions. In trading, some funds may use advanced algorithms and higher-level mathematics to make trading decisions. Therefore, advanced mathematics classes may be helpful if you have graduate level maths.

Probabilities

tradingRisk management is of paramount concern to every trading organisation. Risk is one of the most complex mathematical notions ever conceived and must be grounded on probability and its dynamic processes. The use of probabilities in mathematics cannot predict the actual future, but can calculate the probability of events. This works in the stock market by helping traders minimize the likelihood of loss before a certain date or other precursor.

Successful stock traders such as Warren Buffet often give the impression that successful trading means 100 percent accuracy. But most successful traders are right only half the time at best. Mathematics, teamed with patience, builds stock market wealth more reliably than “big score” attempts.

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