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Art versus Science: What to Do?

Note that I have no complaint against art in trading. There are, in fact, many traders who are excellent artists and who are quite capable of using their intuitive powers in successfully trading the markets. They are capable of doing things that the vast majority of traders cannot do. They are talented, psychic, and gifted. As long as they are able to make money consistently with these skills, they are to be commended.

If, on the other hand, their skills are not capable of generating consistent profits, then they must question their methods, asking specifically if they are trading for profits or trading to make a case in favor of their intuitive abilities. Odds are that the vast majority of individuals who trade intuitively will be consistent losers. I am not denying here that clairvoyance exists. Nor am I denying that some individuals have an uncanny ability to predict the future (or futures). I am merely saying that for the overwhelming majority of us this method simply does not work.

The Best Place to Be

While I have the utmost of respect for those traders who have been able to achieve consistent success using their intuitive powers, it's clear that this does not apply to the vast majority of traders. Most of us are relegated to using our limited powers of intuition and psychic abilities. The best place to reside as a trader is in the home of discipline and operational methodologies. While I could likely write an entire book on intuition and psychic skills in the markets, this is not the subject of the present book. Nor is it my intention to imply that intuitive traders cannot make money. However, I will state clearly and without hesitation that if you want to succeed, you will follow the rules - whether these rules are mine, yours, or those of another writer or system developer. It's that simple, and it's that complicated. Follow the rules and, in the long run, you will come out ahead. Attempt to be psychic and, in the long run, you will lose money. If you are successful as an intuitive trader, then you are to be commended for being able to achieve what few traders have ever accomplished.