Trading: Part Science and Part Art
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Thread: Trading: Part Science and Part Art

  1. #1
    JFK Jr. has to have asked his Zen spirit which to use, and it stated Art when it should happen to be Science.

    Actually he should not have been in the atmosphere so it was weather (that is some between Art and Science) that he should have listened to.

    Right?

  2. #2
    Utilize art when win, when shed, utilize science, utilize zen when nothing happened.
    Utilize zen again when don't understand exactly what to do, it is so natural

  3. #3
    I definitley think there's a parallel using trading that I utilize science i.e. technical analysis but also fly by the seat of my trousers.

    Is Zen the mix of both. . .heck I really don't understand.

    A fantastic landing is one you can walk away from.

    I.e. sensible entry points, stops and good MM.

  4. #4
    Quote Originally Posted by ;
    I definitley think there is a parallel with trading that I utilize science i.e. technical analysis but also fly by the seat of my pants.

    Is Zen the mix of both. . .heck I really don't understand.

    A good landing is one you can walk away from.

    I.e. sensible entrance points, stops and good MM.
    I think Zen is understanding when to use artwork and when to utilize science without needing to give it much thought.

    Wolf, you left off the second half of this quote: A good landing is one you can walk away from. A great landing is one after which the airplane may be utilized.

  5. #5
    Quote Originally Posted by ;
    I believe Zen is understanding when to use artwork and when to use science without needing to give it much consideration.

    Wolf, you left off the next half of this quote: A fantastic landing is one you can walk away from. A fantastic landing is one after which the airplane can be used again.
    Yeah I definitley agree with the second half of this quote!

  6. #6
    If I may, let me speak from some experience. There's a parallel between the Flying/landing trading and an airplane, but obviously only on a simple level. Let me delve further; Flying starts with the science behind it. When we learn to fly we have taught the science behind Bernoulli's concept, we are given the basics of lift/weight/thrust/drag, and a lot more specifics of the concept of flight, navigation, and meteorology etc.. You get to go and fly a plane and initially it is very mechanical with the teacher talking you during your first landings. Over the years as experienced is gained whether it be in small aircraft or business aircraft as you become an increasing number of experience, the science is all still there but that the artwork or feeling of a smooth approach and landing becomes second nature. There isn't any way you could have done this only starting out, just like most skills, although some are better than others, it's acquired. Case in point, I could land my aircraft far simpler than once I allow the auto land function do it.
    The exact same goes with trading, because we get experience, the basics are always still therewe are not so mesmerized about technicals and the way they work or what they imply, the term Fibonacci ratios swirl around our heads when we are not even in the computer. When we trade we think instantly of risk/reward, expectancy, reliability, position sizing, we think exits before entrances . .This once more is overwhelming for newbies, but the science is known along with as experienced is gained, the actual art of trading becomes accomplished.
    The Zen part happens when we could do anything we are doing with the best efficiency and little thought for this. Science and Art's balance. When I am landing a plane I search for that warm and fuzzy feeling on the approach..If I don't have it, then something is not quite right and I rely on science and knowledge to figure it out. With trading, unfortunately for me that the Zen is still rare, I have not attained that effective amount of consistency yet. Over time as my expertise and degree of comprehension of the science behind trading grows the art of trading will become second nature. We all learn at different rates and through methods that are different. It's a trade that gives us moments of brilliance or the sensation of a greaser landing. I think when Science Artwork are in their peak amount of focus and experience that the Zen is accomplished. Just my thoughts.

    Cheers,
    NP

  7. #7
    Trading: Part Science and Part Art

    That is a significant Fact, Phil.

    Gwan summed this up well and Northpro did a fantastic job of illuing it.

    We proceed through phases in trading and some other undertaking. We may go through them in various sequences.

    If I had it to do over Science would come . Lots of Science.
    Then Art. Whether we are aware of it or not, Art is going to be applied to Science. We can not unlearn our schooling.

    The more Science we all know, the more positive we can be while implementing Art; when our gut instincts and feelings start to fail us, we can revert to what we know as fact. But, trading facts are all mostly facts of chance. So Probability Theory ought to be a substantial part of our Science.

    Art and science: To what step do we excercise every single? I believe when our Science is solid, artwork can be applied liberally.

    Zen will immediately guide us between the two if we understand them nicely.

  8. #8
    Thanks for all of the replies. I believe NorthPro stated it more clearly than I could have.

    I certainly think science comes . You want a good base upon which to make additional decisions. I very much knew that the science of flying but I will tell you my first few landings were bounces that were hard and involved. There's no remedy to Bernoulli's Equation that may fix a few good bounces down the runway.

    Art comes from having a feel about how things are moving. It comes with experience. There is a funny saying about expertise:

    Experince is having the ability to recognize that you've made the exact same mistake twice.

    I believe Zen goes and comes. No one is at the zone forever. It requires a lot of the art and science part before zen comes then it could be elusive. It's fascinating to research.

  9. #9
    I really don't know that I would agree that math is needed and early on particularly.

    Analysis Paralysis comes to mind.

    Soros using his gut feelings too.

    Having said I use almost 100 percent TA to trade with.

  10. #10
    Quote Originally Posted by ;
    I don't know that I'd agree that more Science is necessary and early especially.

    Analysis Paralysis comes to mind.
    Certainly not in every situation. Speaking for myself, I needed math on. It depends on where we are starting from.

    But I also know of a few people suffering from Analysis Paralysis. The identical knowledge which should give a border to them is crippling them instead. They can not get beyond searching for absolutes instead of probabilities.

    On another note, there are likely some professions where little Art is allowed. I doubt Phil had room for interpretation.
    So far as flying--lots of science early on for anyone piloting me. Along with a load of gut instinct to boot up. I never want to measure up to get out of an airplane.

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