Are you following your gut instinct in trading?

Finestream

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Quote from: Kasabus on June 26, 2019, 05:46:18 PM

Quote from: flemmings02 on June 26, 2019, 05:01:50 PM

I think following your gut instinct is the practice in cryptocurrency trading or investments, after doing your findings and research about any project, coin or the current value of a coin you should buy, you still have to follow your guts.

With the situation today, I don't believe that market analysis will actually do right but giving into our spirit will play.
We have that instinct but not to totally depend on this, prices goes high and the risk get so high also, any possible dumps may happen after that is why we should be careful at this time.

Trading is such a very risky move so we should not just depend on our own instinct to be profitable in trading.I usually trade based on my own researches.Having fundamental and analytical skills could be very helpful to come up with sucessful trading,but still some traders still chose to follow their gut instinct when trading and that is also their own choice.

Kasabus

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Quote from: flemmings02 on June 26, 2019, 05:01:50 PM

I think following your gut instinct is the practice in cryptocurrency trading or investments, after doing your findings and research about any project, coin or the current value of a coin you should buy, you still have to follow your guts.

With the situation today, I don't believe that market analysis will actually do right but giving into our spirit will play.
We have that instinct but not to totally depend on this, prices goes high and the risk get so high also, any possible dumps may happen after that is why we should be careful at this time.

flemmings02

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I think following your gut instinct is the practice in cryptocurrency trading or investments, after doing your findings and research about any project, coin or the current value of a coin you should buy, you still have to follow your guts.

gwdf1

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Quote from: michellee on June 01, 2019, 01:48:36 AM

Sometimes our instinct can give the right answer in trading and will give us guidance to choose the coin. But we underestimate that sounds inside ourselves, and we deny that sounds. But after we know that suddenly the price can increase, we are regret to let our sounds, and we don't buy those coins. But sometimes, that sound is not from our instinct, but it's from our mind that sometimes just trick us to buy the wrong coin.

This instinct is based on your experience. The more you trade, the more things you remember. Even if you think you forgot something, your subconscious prompts you the right answer. Sometimes, these are the correct answers.

Rufsilf

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Quote from: arpon11 on January 15, 2019, 03:01:43 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?

You can't base your trades in intuition because most of the time gut instinct is not reliable well at least for me, when I started trading I mainly base it on gut instinct because i'm trying to also study the market and the results of my trades in the past are not good. I win sometimes, its like the ratio is 4 wins out of 10 trades so based on experience I don't use guts to trade I would rather use technical and fundamental indicators to guarantee profits.

Natalim

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Quote from: Rufsilf on June 09, 2019, 12:18:24 PM

I don’t use guts in trading instead I base it on historical data, cash flows and facts in trading, gut feeling maybe good at some other things but trading is out of it.

It's necessary to be realistic, though this is just a big guessing game but at least having great factors to consider in analyzing would result to a profitable trade. Sometimes we also need to use our instinct as this market has never been easy to predict.

Alijiindahaus

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It seems to me that your result on the trading market depends not only on the amount of knowledge gained earlier, because your knowledge should work in tandem with already existing experience and available studied information on all projects that are of your interest. By the way, luck and luck also play a very important role in the activities of the cryptocurrency trading market.

SirLancelot

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Quote from: arpon11 on January 15, 2019, 03:01:43 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?

Well that's if you're able to tell when your mind is really the one talking to you or if you're just the one talking to yourself. Yep, sometimes if you rely too much on your instincts, before you know it, it wouldn't be your instinct anymore but you talking to yourself lol. So you should also have technical and fundamental tools to do your proper research and know what to choose. So what I'm trying to say is that you should combine everything and also try to know when it's your instincts that's talking to you and when to accept that. If you don't, you will always be making a mistake.

atjiat

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It seems to me that studying a cryptocurrency market, each newcomer practically uses the same strategies and only with coming experience does something different develop, like a personal strategy. But it really gives experience and professionalism, when you fully understand the structure of the development of a cryptocurrency market and understand the principle of trading.

bitbunnny

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When it comes to trading it's good to use some good quality data and make some analsys, do the research and similar but you shouldn't neglect your instict also. That comes with experiences and many years spent on the market but yes, I often listen what my instict is telling me. Sometimes it's wrong, sometimes it's wrong but at least I make my decisions on my own. But I guess everyone has different strategy.

Golftech

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Quote from: Rufsilf on June 09, 2019, 12:18:24 PM

I don’t use guts in trading instead I base it on historical data, cash flows and facts in trading, gut feeling maybe good at some other things but trading is out of it. When you say guts that means you’re only guessing, good if you win but what if you lose? For you to be able to make a good trade and have profits then you need to study the market and any necessary information needed for a successful trading.

A good guide to use as your basis in your everyday trades will be more better if you will base everything into factors that really affects each market movements, there's some point where you need to use your instincts but you should always have supporting evidence that what you have inside your mind will bring good benefits.

Rufsilf

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I don’t use guts in trading instead I base it on historical data, cash flows and facts in trading, gut feeling maybe good at some other things but trading is out of it. When you say guts that means you’re only guessing, good if you win but what if you lose? For you to be able to make a good trade and have profits then you need to study the market and any necessary information needed for a successful trading.

izanagi narukami

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IMO, short term trading is more difficult to be done because I've experience it.
It's become worse when I try to do with instinct so from that day, I change my method into long term investment by holding for years.

Although it's slowly but sure ( profit guarantee ! )

Distinctin

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Quote from: michellee on June 01, 2019, 01:48:36 AM

Sometimes our instinct can give the right answer in trading and will give us guidance to choose the coin. But we underestimate that sounds inside ourselves, and we deny that sounds. But after we know that suddenly the price can increase, we are regret to let our sounds, and we don't buy those coins. But sometimes, that sound is not from our instinct, but it's from our mind that sometimes just trick us to buy the wrong coin.

We might underestimate our instincts cause in the first place, we don't have much self-confidence causing doubts inside.
I have that self-confidence and so I believe of what I've got in my mind but of course with some considerations and exemptions.
We know sometimes we got wrong and making such decisions bringing us to huge regret of our entire life.

A L I E N

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Quote from: geegaw on June 01, 2019, 06:02:07 AM

Quote from: michellee on June 01, 2019, 01:48:36 AM

Sometimes our instinct can give the right answer in trading and will give us guidance to choose the coin. But we underestimate that sounds inside ourselves, and we deny that sounds. But after we know that suddenly the price can increase, we are regret to let our sounds, and we don't buy those coins. But sometimes, that sound is not from our instinct, but it's from our mind that sometimes just trick us to buy the wrong coin.

Well, instinct is an accumulation of experience for many months that we participate in the crypto market, which allows us to feel the dangers that may come but the accuracy from instinct is only very low, sometimes it will be true while most of the time it will be wrong because the sound comes from instinct is always very vague, it has nothing to authenticate. And trading is always a job that requires analysis and has clear information on the market, trading based on instincts only makes us fall into danger many times, very few times I follow instinct, it's too dangerous

Yes, the sixth sense (gut instinct) is the accumulated experience. We keep everything in our mind (like on computer disk). When something very useful is needed, our intuition takes it out from the mind corners and prompts us what to do. It works in trading also.

geegaw

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Quote from: michellee on June 01, 2019, 01:48:36 AM

Sometimes our instinct can give the right answer in trading and will give us guidance to choose the coin. But we underestimate that sounds inside ourselves, and we deny that sounds. But after we know that suddenly the price can increase, we are regret to let our sounds, and we don't buy those coins. But sometimes, that sound is not from our instinct, but it's from our mind that sometimes just trick us to buy the wrong coin.

Well, instinct is an accumulation of experience for many months that we participate in the crypto market, which allows us to feel the dangers that may come but the accuracy from instinct is only very low, sometimes it will be true while most of the time it will be wrong because the sound comes from instinct is always very vague, it has nothing to authenticate. And trading is always a job that requires analysis and has clear information on the market, trading based on instincts only makes us fall into danger many times, very few times I follow instinct, it's too dangerous

Ridwan Fauzi

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Quote from: BigTeeths on March 31, 2019, 08:55:00 PM

I only do that when I profit too much. I put at least BTC.01-02 in a few random altcoins that I see huge potential of growing at least 2x and above. But it does not really work that much, research about the tokens first before buying is still more effective.

You only make a profit that you got went in vain. I believe to get profit when I trade is really hard, I need a several times to make the price will up and thinking a thousand of time the correction will come. So as I use my profit for things that are very useful, or I am looking for some altcoins that are really true for myself its price has potential to increase with the spread of some news about the altcoin. But most likely, I used my profit to buy bitcoin again because I'll not gave a doubt that its price will increase again.

michellee

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Sometimes our instinct can give the right answer in trading and will give us guidance to choose the coin. But we underestimate that sounds inside ourselves, and we deny that sounds. But after we know that suddenly the price can increase, we are regret to let our sounds, and we don't buy those coins. But sometimes, that sound is not from our instinct, but it's from our mind that sometimes just trick us to buy the wrong coin.

iMark

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Quote from: Vaculin on March 31, 2019, 06:36:37 PM

Quote from: Sebas.tian on March 31, 2019, 02:53:49 PM

Quote from: arpon11 on January 15, 2019, 03:01:43 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?

When I was a beginner in crypto, I used to follow my intuition but then I realized that this is what mainly gets me in trouble. Gut instinct is trading with emotions; that is not good for us traders. What we should do is study TA and trade objectively. If possible, use trading bots to maximize profit also to trade without emotions.

I believe so. Trying to follow your gut instinct involves your emotions that is not really good for trading. I usually trade through my own research and analysis. I do sometimes follow what my gut instinct says but i also see to it that it will not end up like gambling just like what most of the traders have experienced.

Instincts will not produce maximum results, because the instincts will be influenced by your feelings and instincts can say to sell for fear of losing more, but the analysis may say differently. do not follow gut instinct, this is not gambling mate. use your skills to analyze and make choices

Innerpumper

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not! i am not follow my feeling but, i will follow my pridict. i sure, feeling just make your gambling in trading. But, if you, want to use analyzes you can have potential get profit

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