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Historically art was any endeavor in which mastery could be achieved. No system or strategy is fool proof. Soon you will discover that this approach will help you accept loss as equally as winning because over time your trading will get better and better until one day you are in tune with the market and trading as an art form.

The trick is to treat it like a science. No system or strategy is fool proof. They turn trading into an art form.

They turn trading into an art form. Think of how they play, how they are able anticipate what is going to happen, how they are able to be in the right time at the right place; basically, how they elevate the play to a higher level. In modern times art refers more to the experiential arts such as visual, sound and others. Accept your failures as well as your defeats with equal scientific detachment.

The market never does exactly what you think, or what the books, or your analysis tells you so there are no guarantees in the marketplace. In fact, many of the current trains of thought in the field are based on assumptions, inference and other speculations. Because of this it takes a certain amount of, flair for lack of a better word, to be successful at trading the markets. The Art Of Technical Analysis Imagine the actions of a high level athlete, pick any one you want, whichever sport you prefer.

This is very comparable to high level successful traders. They turn trading into an art form. Act like a social scientist when you analyze the market. Because of this it takes a certain amount of, flair for lack of a better word, to be successful at trading the markets. Think of how they play, how they are able anticipate what is going to happen, how they are able to be in the right time at the right place; basically, how they elevate the play to a higher level.

In the case of TA the practical application is making money. This is the act, process and science of analyzing financial market health through charts and prices patterns. If you have noted by now, let my point out that contemporary fields of social science include economics and political sciencetwo areas of modern society that have a raging impact on market psychology, another field of social science, price and market direction.