In this blog post, I'm going to cover 5 reasons why trading is an art and not a science.
Trading requires creativity.
The most successful traders—like the best artists—are willing to be different.
They combine creativity with consistency.
They deconstruct and analyze human behavior.
Above all, they think for themselves.
Trading is expressive
Your entire life will creep into your trading performance. If you are angry, frustrated, or anxious, your performance will suffer.
When you are enthusiastic, relaxed, and calm, your performance will have a chance.
Ultimately, you have to be in tune with both the market and yourself.
Trading requires intuition and gut feeling.
The best traders are able to interpret the market using their intuition and experience.
Listening to your intuition doesn't mean you disregard logic and rules.
You always work within a framework...
It means that with proper focus, education, and TIME — your gut feelings will become incredibly accurate.
Trading requires a deep passion.
No one can be a great trader without having a real passion for it. Passion will drive you to continue learning, improving, and adapting when things get tough (and they will get tough).
Without it, the market can be a very frustrating and unenjoyable experience.
Trading is not black & white.
There is no secret formula. Most traders waste years looking for answers that don't exist. What works for one person might not work for another.
The beautiful thing about trading is that there is no "right" way to do it.
Like any good artist, you have to find your own voice and learn to trust it.
If trading were a science, it would be easier to replicate success from one person to another.
Trading is an art, and the greatest traders are artists.