Trading is not Science
- Thread starter Rambo35
- Start date
It's a combination of both art and science. It is Science since we're dealing with the intellectual and practical activity bounded by the systematic study of the structure and behavior (charts, etc.) through observation and experiment. And on the other hand, an Art because it expresses creative skill and imagination, with an emotional power involved. (Google)
reviewerlady
Private, 1st Class
- Messages
- 32
I consider it an art, its not for everyone and not everyone can do it.
John Sachman
Private
- Messages
- 21
Well said. Hope all newbies get this message.
Science also is not for everyone and some doesn't even understand it either.
Pharaoh
Brigadier General
- Messages
- 20,307
Sometimes, the same subject can be successfully approached from 2 or more angles.
If 2 traders are both making safe, steady profits and one views it as art and the other views it as science, I'm not going to argue with either, but I would enjoy watching them debate the subject.
If 2 traders are both making safe, steady profits and one views it as art and the other views it as science, I'm not going to argue with either, but I would enjoy watching them debate the subject.
That's why I use naked forex strategies to make forecast.Incorrect use of indicators can make your trading more complex without extra need.
Pharaoh
Brigadier General
- Messages
- 20,307
Now I've got an image stuck in my mind of Dolly Parton sitting naked in front of her computer.
Thanks!
downtrend
Master Sergeant
- Messages
- 886
Its a game of probabilities with some good guessing using technical analysis. you can also use fundamental analysis but it'll complicate things for any newbie trader. A trader should only focus on one type of analysis thoroughly and keep on looking at others at times.
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