by argentus maximus, TF Metals Report:
What is Trading? Trading is a game of skill. It is also a game of force. It is also a game of relative speed. It is a game of judgment and evaluation information. These are obvious things to the observer of the activity of trading. All of these things go into the algorithmic computer programs which are used to trade the markets.
Well, if that is the case – how is it that when you ask a trader what is the most difficult thing about trading, they begin to reply in very subtle zen-like concepts, sometimes invoking martial arts, and always referring in some way to knowing yourself. They are – in short – talking about trading as if it is something to do with psychology and understanding of humanity. Above all, they keep using the word “emotion”.
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