Thread: Is trading an art based on decision or system?

Following 12 years looking at candlesticks and blowing up hard earn money. I marvel in my success in the 2013 and 2014 and 2018.

There is not much modifiions to my system but I have learned to be discerning rather than be emotionally involved with the cash at risk.

I am not so difficult up at making tonnes of money but more concentrate on being anti fragile.

So my question to you are new and seasoned traders. What your bottomline was holding out.

Is it decision making is now complete or the method to enter and depart has gotten seasonal.

What is your take on decision making versus mechanical proprietary egy?

Originally Posted by ;

Following 12 years looking at candlesticks and blowing hard make money. I marvel in my achievement in 2014 and the 2013 and 2018. There is not much modifiions to my system but I have learned to be more selective rather than be involved with the money at risk. I am not difficult up at creating tonnes of money but more focus on being anti fragile. So my question to you are new and seasoned traders. What's the one thing that sticks or alter the way your bottomline was holding out. Can it be decision making is now absolute or the system to enter and depart...

Every possibly to their very own. After you've put thousands of hours of screen time that you've experienced sufficient ticks, candles and patterns they're engrained into your sub conscious once you see it kind you immediately know if it's likely to go down or up thus on the surface it may appear mechanical but truly you've learned to feel the flow - it's become second nature sort of like learning a new language, learning to play piano, learning to drive a vehicle.

After a time you simply do it without even thinking or studying, without a technique you can not play a nice tune on a piano to succeed you will require a good technique but having obtained a high notch technique also does not turn you into a fantastic pianist in case it lacks emotion/uniqueness or your own personal touch as in trading technique is essential but you just need to know to flow along with the groove in some point to genuinely make something out of it or to *make money*. It's a mixture of art and science therefore can not be 100% rigid or mechanical.

I'm in trading for just 2 months and may give 1 tip for newbies, just take it like a pleasure, no just like a method to make money.
I dropped $200 in 1st week.
Now not trying to get back this money, just having fun

On the one hand, I'm likely to say the well-established egy-system may be used from the forex market. This system has to be configured for currency pairs and contain fundamental knowledge and be regarded as a standard.
However, the market can change behaviour so the machine will stop functioning. Then, it is necessary to have experience in order to ch a new wave and move on, instead of using an obsolete system. It doesn't indie it's going to bring money tomorrow if the system works now. We must evolve equally as market behaviour changes.

Originally Posted by ;

After 12 years looking at candlesticks and blowing hard earn money. I marvel at my success in the 2013 and 2014 and 2018. There is not much modifiions to my system but I have learned to be selective rather than be involved with the money at risk. I'm not difficult up at creating tonnes of money but attention on being anti delie. So my question to you are new and seasoned traders. What your bottomline has been holding out. Can it be decision making has become complete or the method to enter and depart...

Trading is an art based on both system and decision. System tells you that the current scenario. It. And your plogy affects decisions. So basically trading is that the combination of several things. We will need to make a balance of what.