The post Easy approaches to improve your trading activity appeared first on Bed Time Math.

]]>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.

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!

If you used to read Forex news from ordinary websites, then it is high time for you to start reading more scientific predictions, analysis from people, who have big reputation in the field and etc. Also, if you used to have only one single strategy, you need to leave it and get some more – at least 3 – new strategies to change and use during your overall experience. And if you have made only stocks trades, then you need to master the whole Forex experience with indices and etc.

At some point of your experience you will reach a level that will get you closer to the big traders in the field. Forex market is a big place, where except for beginners like you, there are pros, experts, who are now willing to offer help to other people like you. And you know quite well that Forex is like business and in business good connections are always factors for greater success, right?

Follow our tips and make it happen – to become a better and better trader! In future, you might be the one, who will advise beginners in Forex, too! Good luck!

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]]>The post Fun math puzzle appeared first on Bed Time Math.

]]>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”.

11. Mr and Mrs Kuril are both Doctors who borrowed the book “Slovacko Judge”.

12. Paul and his wife like the color green.

13. Veronica Dvorak and her husband like the color blue.

14. Rick and his wife brought the book “Slovacko Judge” and they drive a Ziguli.

15. One couple brought the book “Dame Commissar” and borrowed the book “Mulatka Gabriela”.

16. The couple who drive a Dacia, love the color violet.

17. The couple who work as Teachers borrowed the book “Dame Commissar”.

18. The couple who work as Agriculturalists drive a Moskvic.

19. Pamela and her husband drive a Renault and brought the book “Grandfather Joseph”.

20. Pamela and her husband borrowed the book that Mr and Mrs Zajac brought.

21. Robert and his wife like the color yellow and borrowed the book “The Modern Comedy”.

22. Mr and Mrs Swain work as Shoppers.

23. “The Modern Comedy” was brought by a couple driving a Skoda.

QUESTION: Who likes Violet? And can you find out everything about everyone from this?

**The Solution**

Monica and Alexander Cermak like Violet.

Name | Occupation | Car | Colour | Brought | Borrowed |

Daniella and Mathew Black | Shop-Assistants | Trabant | Pink | “Mulatka Gabriela” | “We Were Five” |

Victoria and Owen Kuril | Doctors | Skoda | brown | “The Modern Comedy” | “Slovacko Judge” |

Hannah and Stan Horricks | Agriculturalists | Moskvic | White | “Dame Commissar” | “Mulatka Gabriela” |

Jenny and Robert Smith | Warehouse Managers | Wartburg | yellow | “We Were Five” | “The Modern Comedy” |

Monica and Alexander Cermak | Ticket-Collectors | Dacia | violet | “Shed Stoat” | “Grandfather Joseph” |

Irene a Oto Zajac | Account | Fiat | Red | “The Seadog” | “Shed Stoat” |

Pamela and Paul Swain | Shoppers | Renault | green | “Grandfather Joseph” | “The Seadog” |

Veronica and Rick Dvorak | Teachers | Ziguli | Blue | “Slovacko Judge” | “Dame Commissar” |

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]]>The post Mathematician Wins $700K For Solving Fermat’s Last Theorem appeared first on Bed Time Math.

]]>**Fermat’s last theorem**

The 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.

**The Abel Prize**

The Abel Prize was established in 2001 by the Academy of Science and Letters in Norway to recognize significant achievements in mathematics. Explaining its decision, the committee noted that Wiles had “open[ed] a new era in number theory” and that he had developed new tools that have allowed researchers to make larger efforts to bring disparate branches of mathematics together. Wiles travelled to Oslo to receive his award at a formal ceremony from Norway’s Crown Prince Haakon.

**Professor Andrew Wiles’ background**

Wiles was intrigued by the problem even as a young boy. His proof is not only ground-breaking in the field of mathematics, but the culmination of a remarkable personal journey that began three decades earlier. When Andrew Wiles was 10 years old, he read Eric Temple Bell’s “The Last Problem” a book that traces the problem of Fermat’s Last Theorem from 2000 BC to seventeenth century France. The book’s focus, as a biography of a famous problem mixing social history with mathematics, impressed Wiles so much that he decided he would be the ﬁrst person to prove Fermat’s Last Theorem. Realising his knowledge was too limited, he abandoned his childhood dream until it was brought back to his attention at the age of 33 by Ken Ribet’s 1986 proof of the epsilon conjecture, which Gerhard Frey had previously linked to Fermat’s famous equation.

Wiles says he hopes his work will inspire younger numbers aces “to take up mathematics and to work on the many challenges of this attractive and fascinating subject”.

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]]>The post Mathematics And Trading appeared first on Bed Time 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**

Risk 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.

**Gaussian Laws versus Power Laws**

Gaussian mathematics calculates random fluctuations of uncorrelated entities. This is not ideal for trading in the stock market as all transactions are correlated. This means that you cannot predict sudden crashes with Gaussian logic. However, Power law calculates how changes in the value of one quantity affects another quantity, such as how a company’s value affects stock prices in its industry. This helps calculate standard deviations, which can help traders better understand potential risks and allow them to buy or sell accordingly.

**Quantitative Analysis**

“Quants” are traders who use quantitative analysis to make financial trades. Computer-based quantitative analysis, which studies how amounts, or quantities, relate to each other, is the most common mathematical model used by trading houses. Quantitative analysis includes algorithms that can review behaviour patterns in the financial market. These calculations can help identify potential risks ahead, but have a risk of creating wild speculation and crashes.

**Tests when applying to be a professional trader.**

There are tests you’ll need to pass before you’re allowed near a dealing room. Two of these tests are a challenging mental calculus test and a logical sequence test. Not all companies test, but it’s likely you’ll be required to show you can match the scores stated in your resume. So be honest.

There are simple tricks to help you to perform complicated calculations in your head. In the case of 15*37 mentioned earlier, you can move the decimal place over one to 1.5*40. This can be broken up in to 1*40 + 0.5*40, or 40+20=60. But remember to move the decimal one place so its actually 600. As the question is 15*37, not 15*40, we need to subtract 3*15. Hopefully you can figure out 15*3 = 45, but if not you can also use the same trick of moving the decimal place (e.g. 3*1 + 0.5*3 = 3+1.5=4.5). Therefore, 600-45 = 555 is the correct answer.

Make a conscious effort to make sure all your actions in the market are logical and not emotion based. A key element to successful trading is to be disciplined and realistic. These talents are more important than your intelligence or your ability to understand complicated mathematical trading algorithms or any other similar trading “tool”.

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