Trading is not Science

[Ken Smith]

Yes trading is not a science. It doesn't work like it. It has emotions. That's the reason most people fail in trading. Everytime if you combine 2 hydrogen and 1 oxygen, it will be water. No matter how many times you try, everytime the result will be the same. Forex is not like that.

 

[Michaelgary]

Yes trading is not a science. It doesn't work like it. It has emotions. That's the reason most people fail in trading. Everytime if you combine 2 hydrogen and 1 oxygen, it will be water. No matter how many times you try, everytime the result will be the same. Forex is not like that.

That's a really deep connection you got there. But i kinda understand what you mean.

 

[nahiyar]

In forex trading rules can change any time you can even change during trading. Trading is not much complicated as some one learns about science it has simple but flexible patterns of trading that trader has to choose according to market needs . If he goes against market he can loose try to work with market and get your profit as it is possible.

 

[downtrend]

Trading has no fix rules as science works on . trading needs realistic but moving skill for traders. They had to see how they can make the profit with running market. They can not change market but change their plan according to it. Trading needs some practice to become familiar with trading conditions.

 

[TrapLok]

Anyways, trading is not a constant, rules and conditions are always changing, so traders always need to be aware of it and adjust to the current conditions.

 

[TrapLok]

trading is the technical job where history repeats itself. If not then it will surely give a clue what is gonna happened now on the market. This is not a science but a game of analysis and techniques. You have to train your eyes to talk with the market. Do you have the halk eye?

 

[miguefox]

I would not say that it is an art only though it has a lot of this, science also does its job through technical analysis

 

[nahiyar]

We see technical analysis but it is not effective all the time because market is not bound to run on specific rules. It is just estimation that can be true or market will influenced by any other element news or current market situation then your technical anlaysis will not work.

 

[Etedus12]

Well, it is not a science, but I would say it is rather business and economy related discipline. In order to have some good metrics in trading you need to know at least basics of economy, especially international, also it make sense to understand the business models.

 

[EuroTrader]

Forex is a business and you have to take it as it but there is no problem if anyone can take it like science and apply some scientific method that yields systematic profits. It is the approach that will decide the fate of trader.