Trading is not Science

[vic84]

Its a mix of both, your trading style could be an art, where as forex market is nothing without technology, which is a science....

 

[LoRio]

Its a weird game where everyone is trying to outplay everyone else and gets screwed by their own psychology.

 

[UncleSteve]

like pretty much anything, it comes down to discipline mostly. There's always the temptation to follow your gut instead.

 

[bigdolly]

Making trading suggesstions basing on imaginary charts figures seems to be pure gambling with self-sugesstion of building "trading strategy". Art is more associated with imagination and refers to making conclusions on it. As in my case I prefer science, calculations and digits to try to build strategy.

 

[UncleSteve]

yeah but... the best artists are still disciplined.

And the rich artists plan their art scientifically...

 

[willforex]

Its a mix of both, your trading style could be an art, where as forex market is nothing without technology, which is a science....

Good one mate. I also agree with that trading is a good combination of both science and Art

 

[Pharaoh]

Don't forget to throw a little psychology into the mix - both your own and the general sentiment of traders.

 

[Jussar]

I think it's both as some people said, if trading is just an art than it will be too risky and less likely to help you win a good amount of money, so in my opinion is a mix of both science and art, and science can be confusing as well.

 

[manisks]

I think it's both as some people said, if trading is just an art than it will be too risky and less likely to help you win a good amount of money, so in my opinion is a mix of both science and art, and science can be confusing as well.

It takes a little bit of knowledge to know precisely, or at least approximately if this or that will bring as much, it's about intelligence.

 

[caplas]

Agreed with the mix idea. Art is something you feel and science is something you calculate.