On a side note, is there any fellow traders here up for the Meat Free Monday campaign? Here's the link: http://supportmfm.org/ Get to save the earth and save your health, so, why not?
The art of Trading MAs 884 replies
The Zen art of trading 24 replies
ok thats it!!! trading is more an art then a math algorithm 35 replies
The Art of Trading with MTF Stochastics 1,016 replies
Trading: Part Science and Part Art 28 replies
DislikedTo be a good trader you surely need an edge, but there is a fact that i belive true (my belif), and is that there is no edge in the market.
Let me explain, there is no mechanical system that work all the time.
Said this, once you find your edge (a great trading system), the only way to make consistent profit is know when to use it, how to manage the trades, etc.
Trading is an art because of this, even the best edge in the world cannot beat the market.
It's like a soldier and a weapon, even the best weapon of the world is useless if used...Ignored
DislikedTo succeed in trading you need to have a true edge. Period.
These are beautiful things that you're saying, trading being an art and all. I disagree by the way, my opinion being that trading is what it is. You may call it whatever you want, price doesn't care what you believe. It, in itself, is a chaotic mixture of all sorts of different beliefs.
Just because YOU think successful trading is unscientific and is an art, it doesn't mean you should sit back and trade your "gut feeling" and expect to have an edge.
I've always noticed how people...Ignored
DislikedTo be a good trader you surely need an edge, but there is a fact that i belive true (my belif), and is that there is no edge in the market.
Let me explain, there is no mechanical system that work all the time.
Said this, once you find your edge (a great trading system), the only way to make consistent profit is know when to use it, how to manage the trades, etc.
Trading is an art because of this, even the best edge in the world cannot beat the market.
It's like a soldier and a weapon, even the best weapon of the world is useless if used...Ignored
DislikedIn my humble opinion, science can be applied to an art to understand its mechanics, but science can not be applied in practicing an art. Well, in the end, it could just be the difference in our "perceptions" towards the same object. While we are in our own perspective, everything becomes subjective.Ignored
QuoteDislikedAnd I'd think that perceiving the market from an Art pov would greatly reduce the limits of our otherwise rigid perception.
QuoteDislikedWell, I'm trying to expand on my concept while I can. You may agree or disagree to my opinions but I find it fruitful to have these kind of conversations, honestly.
DislikedEvery art has science behind it. We don't think, feel or act randomly, we do so with reason. Not being able to quantify something doesn't mean the numbers behind it don't exist. Science applies to everything.Ignored
QuoteDislikedA similar discussion is decision making based on intuition. Some think of it as some magical sense, but it's just subconscious analysis of information, such as previous experience. Intuition would fall under "art", but there is science behind it. There always is, and that is my point. How we view it doesn't change reality.
QuoteDislikedI would say the opposite - that viewing something as an "art" limits our understanding. Why? Because a typical "art" mindset encourages self-expression, and I think this often leads to a narrow point of view. Why? Because the focus is on this or that, such as one's self, or another person. A logical mindset should focus on everything, without bias.
QuoteDislikedI certainly disagree with some of your opinion, but a discussion usually isn't all that interesting when everyone agrees. Disagreement provokes thought, relfection and learning.
Dislikedbaronfei,
By saying "I've been there too once, thinking I suddenly knew it all" I did not mean to claim I know everything, quite the opposite.
Mr J is correct, and your argument is too poor to prove otherwise. There is science behind everything, just because you don't see it and understand it yet doesn't mean it's not there. Just because we haven't revealed all the secrets of the mind and subconsciousness yet doesn't mean they can't be understood some day.
Don't worry. It doesn't mean the universe is any less beautiful or unlimited. ...Ignored
DislikedFWIW, I agree with Mr J. Any decision that doesn't involve some kind of rationale is ostensibly random. Even the most discretionary trader has a reason for making his decisions. Everybody has their own, largely existential, interpretation as to what a word means; for me, anything that involves a conscious, rational decision - whether quantifiable or not - falls under the umbrella of 'science' (Latin scientia,-ae = knowledge).
Outside of knowledge that one is aware of, then, what else remains? If I subconsciously 'feel' that the market...Ignored