Technical Analysis: Science or Art?

Filed under Investing, Motivation, Stocks


I do believe that you can learn how to trade. How to invest in the stock market. You can make money by implementing all the technique given. Thus, it is a science. You have certain methodology, rules and you follow them.

However, to some extent, it is also an art. For example, how to draw a trendline. Where is support & resistance. When the market is oversold or overbought? You still have certain rules, but then you know when to break the rule! Thus, it is an art. And you can’t have the art of trading the stock market within night.

Will you become a professional chef immediately after read his book?

For example, you can learn how to cook. You can learn it by attending a cooking class or by buying a recipe book. And later in your life you realize that you can alter the recipe and you won’t even measure the sugar and salt to be put in the cooking.

Do you agree with me?


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One Comment

  1. Posted June 5, 2007 at 10:30 pm | Permalink

    I agree. I have lust for Support and Resistance. Could someone please tell me how to tackle them :P

    Pakdi: When Mr Support has been killed, now you will get Ms. Resistance.. hehe

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