/biz/ - Business & Finance

>>12428227

" It seems to me, that trading is more like art, instead of something scientific. That somehow made sense, it explained, why my algorithm was not able to be profitable." - I do not believe this to be correct. The whole "trading is an art"-narrative aka discretionary-trading-is-the-way-to-go-thing, market feeling, making years of experience necessary is just another meme in the industry. Do not take that hit! Schwager's stories do not explain in any way why your efforts in algorithmic trading failed. There simply is no connection.

"And that's one of the reasons why I'm still interested in TA and charts" - I can only try, again, to encourage you to get away from TA and look into quantitative trading literature.