WHY ARE PRICE AND VOLUME REALITY?
Price and volume are the reality of the market; everything else is a man made measuring device that will most likely form destructive opinions. Some people believe that measuring devices form a road map. However, do we have a road map of our life in advance of our life? I don’t think so. We may have a plan or fantasy about where we want to go, but until it happens, it is still just a fantasy.
THE CASE FOR SIMPLICITY IN A TRADING SYSTEM
The number of trading indicators, oscillators, and information sources available today is astounding. The reality is that “less is more.” If you allow yourself to be inundated with unnecessary information and clutter, you will be drawn further away from the “truths” of the market—price and volume.
Simplicity will be the secret to your success. The ART system will simplify your trading and add structure, which helps to lessen anxiety that can lead to emotional trading.
The ART software is sophisticated, taking into account complex market dynamics and performing highly intricate calculations to deliver highprobability trades. Its genius lies in the way it illustrates this information with clear trade entries and exits.
Let me tell you a little about my trading and how I came to develop the ART system. My story may even resemble some of your trading experiences.
When I started, I read every book and examined virtually every trading system imaginable. From oscillators to powerful neural network computers, I studied it all. The one thing I found was that most systems tried to predict the market—and most failed miserably!
It seems the more we try to predict the market, the more it can’t be done. Just as we cannot predict future life and world events, we cannot predict future market events. The fantasy that many traders believe in is that we can predict the future of price activity. The reality is that we cannot. Hopefully, I’m not bursting any bubbles out there, but better to hear it now than lose a ton of money later!
The most successful traders fully understand this concept, accept it, believe it, and implement it. They trade based on the current reality in the market versus the fantasy. Master traders grasp the concept of risk and probabilities in trading. They recognize and respect the concept of money management and stop-loss setting. In addition, they understand that trading is both a science and an art.
If trading were just science, you could buy a mechanical trading system, start it, walk away, and come back and be rich. If a “black box” system did exist, it would be so expensive that you and I could not afford to buy it. In fact, it would probably be kept so secret that we would not know it existed! Don’t get me wrong—there are some good technical science “tools” on the market today, but remember, they are tools only, not the “Holy Grail.”
Read More: The Reality Of Price And Volume
