Trading is a business. And business is an art ! Any business skill has the following qualities: 1. Passion (love) for business 2, Creativity 3. Grace 4. Intuition (beyond logic/analysis/reasoning) on business 5. Insights (accurate and deep knowledge) into business 6. "Never Give up" Attitude 7. Humility to learn, unlearn and relearn
Good analogue for trading is a business as an artist business, imo! Perhaps not too many people would think this way. 1. There is no good will, at all. A trading business cannot sell the business with any multiple of historical profits as good will asset/valuation. Probably only artist and trading would be the same category, with any goodwill value! 2. Can you see some names from successful traders' second generation also doing trading? Too risky as a business. Even worse than an artist business. Both professionals cannot easily transfer the talented skills to their next generations. 3. ...
" After a certain high level of technical skill is achieved, science and art tend to coalesce in esthetics, plasticity, and form. The greatest scientists are always artists as well. --- Albert Einstein"