Quote from: arpon11 on March 05, 2019, 07:18:28 PM

Quote from: South Park on March 05, 2019, 06:57:35 PM

Quote from: arpon11 on January 15, 2019, 08:01:43 PM

We were advice during my forex trading by trading expert that we should not depend only on technical and fundamentals indicators alone in trading but we should focus our mind in the third indicator which is our gut instinct and we were told that it can not fail us but making us rich and build our confident in trading. However. I think about 80% of traders don't know how to hear the voice of their instinct during trading! Can one get this gut instinct training like others investments tools? Is it even truth that we have something like gut instinct?

The first question that comes to my mind is, is your tutor really making money in the markets or is he making money selling books and other stuff? Because following your instinct may sound great but that only works for those that have decades of experience in the market and making huge profits, for your average trader such a thing will never work, in my opinion you should create a strategy, verify that it gives profits and then stick to it.

I don't know how many strategies you have created but I think we should read the comments and the aim of opening a threat before said anything. I have more than 9 years in trading of both stocks and forex trading before adding cryptocurrencies in 2016. Your gut cannot fail you but no matter how good a strategy has been it has failed and makes you lose money one time. Most of the professionals follow their gut in trading and that is what makes them to invest at the right time and sell when everyone thought that markets are in good condition. I will advise us to reduce the risk by invest the amount you can lose.

Yes I am a trader and I created my own strategy, and I suppose this is one of those circumstances in which we will need to accept the different approach of the other person because I do not follow my instincts at all when I trade, the strategy that I created tells me what I need to do in every circumstance and I just follow it since I have verified that it gives profits over the long term, but if following your instincts works for you and you have been successful for so long then keep doing it.