math background

Discussion in 'Professional Trading' started by n3wtrad3r, Jan 30, 2008.

  1. n3wtrad3r


    I'm still in college and looking to get into daytrading. What math skills should I be focused on developing? Any input would be appreciated.
  2. statistics/econometrics
    probability theory/stochastic processes-particularly any course which focuses on monte carlo and boot strap simulation (which means understanding calculus 1-3 and ordinary and partial differential equations)

    I find game theory useful in general, and taking courses in finance/accounting can be helpful, even if just for the tax/money management side of trading.

    Then again, I'm not a daytrader...but these are the courses you'd take to work at a trading desk at a bank.