Post
Topic
Board Trading Discussion
Re: Are you following your gut instinct in trading?
by
kennen1113
on 29/03/2019, 13:35:45 UTC
I think use technical and fundamental analysis for trading is more accurate than use instinct. And use instinct in trading just the same like gambling. We need also to have good psycology in trading to avoid greedy and not patient.
Correct, instinct is just like guessing you don't have solid proof that it might happen. Just like listening to your own emotion but the fact is that not accurate. Instead of using instinct why we do not use proper timing from picking a good coin and having buy and sell in trading that is the important thing here to have proper timing in every decision and followed by fundamental skills.
Although we have no evidence to say that what we feel will happen but we should understand that feelings and worries will never happen randomly in trading, especially if we are an experienced trader with this market, intuition and emotion only appear when danger and risk are approaching. Agree that we cannot know exactly whether this feeling is right or wrong but we should believe it, sometimes we may miss good opportunities because it but sometimes it can prevent a huge loss for us, consider choice, intuition is not useless