Chapter 8. Science of Trading

An interviewer asked Ann Druyan (Carl Sagan’s wife), “Didn’t [Sagan] want to believe?” She responded, “He didn’t want to believe. He wanted to know.”

 

“First principles, Clarice. Read Marcus Aurelius. Of each particular thing ask, ’What is it in itself? What is its nature?’”

 
 --Hannibal Lector[1]

Trend followers approach their trading as a science. They view the world like a physicist:

“The science of nature, or of natural objects; that branch of science which treats of the laws and properties of matter, and the forces acting upon it; especially, that department of natural science which treats of the causes that modify the general properties of bodies; natural philosophy.”—Webster’s[2]

 

If you can’t measure it, you probably ...

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