This has come up before. I suggest that those who see "talent" are in fact seeing the results of someone having characterized his market. Those who go through this process see things that others do not.
Talent/Giftedness In Trading
- Thread starter Fundlord
- Start date
This has come up before. I suggest that those who see "talent" are in fact seeing the results of someone having characterized his market. Those who go through this process see things that others do not.
the mathematicians see it all, and with better resolution.
Not in advance.
People think too many times with a very narrow mind. I see this many times on ET. Then statements are made like: daytraders always lose, LT is more easy, nobody cannot be profitable for 30 years....
All these statements are ridiculous and don't make sense. Too many times these kind of statements are taken as the one and only truth, which they are not at all.
The same is true for the postings in this thread. There are many different ways to trade. Each way needs other skills. If you draw S/R lines you need other qualifications than if you build a system on statistics or probabilities. So there are many answers, not just one. Mathematicians are not a miracle solution, professional "line drawers" aren't either.
All these statements are ridiculous and don't make sense. Too many times these kind of statements are taken as the one and only truth, which they are not at all.
The same is true for the postings in this thread. There are many different ways to trade. Each way needs other skills. If you draw S/R lines you need other qualifications than if you build a system on statistics or probabilities. So there are many answers, not just one. Mathematicians are not a miracle solution, professional "line drawers" aren't either.
Not in advance means what? They can 'see' into the (recent)future because they see past so clearly. More resolution is better in everything cameras, television, religion and politics..and inc trading,right?
The "recent future"?
Only true partionally. From a certain level of resolution the higher resolution has no, or almost no impact anymore. Photos with 50MB pixels look the same as photos with 150MB pixels.
You know what i meant. All trading..and i mean ALL has its foundation firmly based on the past. Without past price, there is no trading.
A straight line drawn on candle highs & lows may (still)work;i dunno. but i prefer a finer resolution myself
.....yes, but how did that talent come about for that person in the first place?.....do we all have it in us?.....and are there no limitations? Its not like everyone can make it even if they work very hard at it. Hence am not sure about the genes thing as qxr1011 suggested.
There is no talent involved in characterizing one's market. It's just a matter of doing the work.