for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful
While it is true that to become a very successful trader you need a huge amount of experience and the right instincts, trading is a science, it is very easy to know that is the case because when you see the Nobel Prize of economy most the time you're going to see mathematicians that have created a new way to describe the economy and they use their formulas to make money in the markets.