Re: Don't trade using instinct

for beginner traders mostly use instinct when entering the market. and most of them lost their assets. there are many tutorials that teach how to analyze candle trading. DYOR

And you are also very knowledgeable about other people's work, do they (the Newbies) contact you directly when they experience loss of assets and when they use their instincts in trading? really funny and annoying Grin

maybe this is also true because I was one of the people who did this a few years ago.
and I don't deny that because it's true because when I was first here I didn't even understand it and just guessed whether it would go up or down, and of course you already know what the results will be

but indeed it is a journey and process i am not saying that it should be tried but it is true it has some truth even though not everyone does that.

And that you need some technical analysis in order to improve your trading results. We can use our instinct sometimes but it was important to have the basis of our decision as well. Having TA and FA, you can really see the difference between not using it. Of course, newbies could be hard to do this and it needs more market exposure and trading experience to make such analysis, and spending more time in the market will somewhat help a lot. If we wanted to reach our goal, I guess we have no choice but to do this instead.

Agree instinct only applies to traders with a lot of market experience because he/she will know what the next move might be, as he believes it happened before and is using his instinct. However, as a newbie, it is not a good strategy because you are still learning and have no experience. Fundamental or technical analysis is the best to learn it requires a significant amount of time to learn and practice. Then you'll start devising your own strategy for triggering a trade.