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Great article Chris. The last comment is important. “Having the courage to follow the data…wherever it leads.” This is exactly how I personally found an undeniable edge in trading harmonic patterns and incorporating Fib ratios for targets and stops…but only achieved by following the data and ongoing analysis.
Bias is destructive! Just follow the data! Can I guess a biased scientist wrote the script above.
Is there no room for art and intuition in trading?
Dear Bill R
Bias is destructive?. There is NO ROOM for art NOR (not “and”) intuition in trading.
Just PROVEN and REPETITIVE analysis of human behaviour = HARMONICS = NATURE =TRADING=PROVEN and repetitive trading system performance over at least a 10 year period for expectancy confirmation. Very simple.