Trading is not Science

[nahiyar]

Trading is not a science it is skill which use to trade in forex market , its rules change time to time no one can say surely what will the trading results he is doing. In science we have to work on certain rules but forex need a good plan and risk management skill to be a suucessful trader.

 

[EuroTrader]

Trading is not a science it is skill which use to trade in forex market , its rules change time to time no one can say surely what will the trading results he is doing. In science we have to work on certain rules but forex need a good plan and risk management skill to be a suucessful trader.

Yes, we all know the importance of doing our trades with success. If we will be able to make a good trading plan then our profits will also start to increase easily

 

[downtrend]

Yes its not science, it can't be science as market changes every day and you have to keep yourself up to date with it. In science things don't change that much in short period of time.

 

[EuroTrader]

Yes its not science, it can't be science as market changes every day and you have to keep yourself up to date with it. In science things don't change that much in short period of time.

Forex trading is very much risky for us and we have to make sure that the risks we are having in this business are brought down to the minimal

 

[Desacete]

EuroTrader, I agree with you absolutely, risks are extremely high on forex. However, there are several tools aimed at reducing risks to the minimum.

 

[dianajs]

Forex, in my opinion, requires both theoretical knowledge and a good dose of imagination. As such it's both in a way, both art and science at the same time.

 

[William Barnes]

Trading can somehow a tricky profession since here a trader needs to employ his own intuitions and analytical abilities to read the market efficiently. Since sometime trend does not work or what the indicators are showing may not properly interpret to the market very strictly due to sudden global economic changes or any other national economy issue. So here a trader does not afford to be lazy rather he has to be pro-active and sensible enough o take his own judgment, not merely copy others.

It is not that forex copy trading will not work but it can limit your capacities to earn good money. Thereby I think with the passage of trading journey a trade needs to modify his trading style and trading strategies according to his trading requirements.

 

[Topazy]

Going deep I think science has its roots in art....art is creativity... even before landing on moon, things were imagined...don't believe.. check it out... and moreover...just check out-- the names electron, proton , neutron were coined up even before discovery.... so you believe what you see.. or you see what you believe ?
Topazy

 

[Addam]

Trading is a technical business where the history repeats itself. You need to believe in this fact quite boldly in order to gain success. All the indicators and signals are based on the previous behavior of the market when such kind of situation occured.

 

[EURUSD]

Science is something lesson as fixed result like as math science, but forex is not science, forex market very dynamic and unpredictable that required good experience to manage money in uncertainty market condition, and this is about possibility and not certainty to analyze the trend not always getting true signal trading so here also need risk management