December 2009
3 posts
2 tags
Intuition vs. Systematic Trading
Is trading an art or a science? One crucial component of science is reproducibility. It is described as the ability of a test or experiment to be accurately reproduced, or replicated, by someone else working independently (Wikipedia.org, 2009). The reality, though, is that if one novice trader sits next to an experienced one and mimics his trading patterns, somehow the success will not be...
2 tags
3 tags
When Ego Gets In The Way
I have been trading currencies for about 2 years with my ups and my downs. When I first started I thought it was my straight ticket to riches. What I did not realize is that the journey had multiple stops along the way. I still believe that a trader can live off his or her trading activities, but before it happens, the trader should expect many years of disappointments, small successes and great...