Forex

Reality is the trader’s friend. Seeking market truth requires an open
mind and a confidence in one’s own foundation, so that new ideas
will strengthen that foundation.
Today we have access to excellent calculating and programming tools to quantify and study behavior

The study of mass behavior and mathematics has continued to mesh since
Robert Malthus published his landmark work, An Essay on the
Principle of Population, in 1820. A Cambridge-trained mathematician
and economist, Malthus drew many parallels between mass
behavior and classical physics, often proving his claims to a
mathematical certainty. As applied to the market, human behavior is indicated by price
activity and its derivatives, such as volatility and volume. These
are mathematical abstractions of this behavior; the human reactions
to combinations of events relating to specific markets and to
the physical universe. Traders can use the most modern tools to examine
the markets scientifically and analyze this derived data in
order to paint an accurate picture of market movements.
This scientific approach is not beyond the reach of those with
a basic foundation in math or logical thinking. There is hope for
those of us who have had difficulty with polymer chemistry and partial
differential equations. The market itself is not precise enough
from the standpoint of the futures trader to require more than an
understanding of the most basic concepts in elementary physics and
introductory statistics. More important, is a commitment to logic
and a good conceptual grasp of the structures and behavior of the
market, i.e., mathematical intuition.