Post
Topic
Board Trading Discussion
Re: Are you following your gut instinct in trading?
by
BitHodler
on 16/01/2019, 12:08:23 UTC
We were advice during my forex trading by trading expert that .... we should focus our mind in .... our gut instinct and we were told that it can not fail us but making us rich.....

I hope you didn't pay for this advice.
Couldn't have said it better. It reminds of someone who said that in order to be successful in trading, you have to follow your heart and make the right decision, which is hilarious. It makes me laugh just thinking about it. Cheesy

At the end of the day, trading is a guessing game. If you blindly guess you are more likely to be wrong. If you make an educated guess, you are more likely to be less wrong. Only a very few traders end their sessions with profit....

I know of myself that if it isn't a long term trade, like buy low sell high, there is no point for me to trade because I suck at it. I tried it, failed, then tried it with paper trading, failed again. I'm happy to distance myself from making mistakes.