Forex trading is an Art or Science?

What you think forex trading is, it is an Art or more like Science. In my view as good forex trading is based on scientific analyis it is a Science.

It depends on how we see the business of forex trading. For me, it is a science and an art combined together. The fundamental analysis shows arts and at the same time, the technical analysis shows science.

Forex is an art of earning profit from scientific tools. Means you use economics and charts ( which is a scientific method ) and using your mind you build strategy and earn profit. So i will say Forex is an ART, which uses science.

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Originally Posted by kalex76

I think Forex market is related to Finance and economics but yes trading is of course a art to execute and the traders ,who knows that well can make a good impact in this field.For that a confidence and discipline is needed .

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forex trading poori taarh country ki economy pe depend karti hai kyunki agar kisi country ki economy strong hai to uski currency stable rahega lekin agra economy weak hoti jayegi to currency strong hoti jayegi..iske alawa trades ki buying selling pe bhi depend karti hai country ki currency

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Originally Posted by bonuslover

I agree that forex has a dual nature and it is both science and an art because some portion of the forex is art that is trading and the portion of forex related to analysis is a science because it depends upon the branch of mathematics know as statistics.

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I see that Forex is nothing more than the mind game. If you are able to analyse the markets correctly and also understand them then the chances of making good amount of profits is there.

But this also tells us that Forex is not easy and certainly not for everyone:)

I do not know if forex trading as art or science, I just know that it is a good way to make good income and I will take advantage of it. Looking at forex as an art or a science is a way of putting a kind of restriction to it. We should be free and flexible in the forex trading process.

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Originally Posted by fxquest

What you think forex trading is, it is an Art or more like Science. In my view as good forex trading is based on scientific analyis it is a Science.

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Forex trading is a blend of science and art. Traders have a skill that is applied with a careful analysis. While the elements of art, forex involves managing the psychological factor of intelligence psychology is an art in itself.

I think so that forex trading is an art because this is your skills, emotions, and your knowledge is very counted in you trading carior therefore this is an art but may be i don't know about this deeply.

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Originally Posted by fxquest

Forex trading is an Art or Science?

What you think forex trading is, it is an Art or more like Science. In my view as good forex trading is based on scientific analyis it is a Science.

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Yes it is science if you trade based on your analitical only. But there are traders who can trade without using analytical aspect anymore, they trade just based on their intuition. Usually, the traders who can do this is a long experienced trader that have been trade for long time, so the analysis and the chart has been unified with them.

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Originally Posted by fxquest

What you think forex trading is, it is an Art or more like Science. In my view as good forex trading is based on scientific analyis it is a Science.

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nahi mere khiyal main to app es ko science to nahi keh saktey ho app es ko art kah saktey ho ye ek art ha profit kamana ka ager ap ko ye art aata ha to app yahan se big profit kama saktey ho esi liye main to es ko art he samghta houn or science nahi