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Topic: Are you following your gut instinct in trading? - page 6. (Read 1196 times)

hero member
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You can make some profitable orders by instinct but it doesn't work, can't be trained. It's just a mistake of survivor. I prefer don't hear that feeling because it's connected with other ones like fear and greed.
But it mostly connected with our luck so if that meant to be happen then we need to follow our instinct on the trading but as you said it is not a skill so it should not be followed at every trade when someone doing.
hero member
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I am terrible at Fantasy Football!!!
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.
full member
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In trading, you can not do without an intuitive component, because not always everything is subjected to technical and fundamental analysis, but you still need to set certain goals and periodically adjust them)
sr. member
Activity: 798
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Gut instinct is the worst form of trading. More often than not, your emotions betray you. You panic dump when you're supposed to buy blood. You panic buy because of greed and fomo, when you should be selling. Never go with the herd.
Not all the time,if you let your emotions take out your decision making ability then you are going to get trapped and be in losses.

For sure you can make profits by trading with your instinct,if you have some luck.
Its really hard to just use your instinct in trading, I think its more reliable if you study a lot before you trade. Following your instinct is just like gambling, where you will do everything just to have profit, luck can also be the reason. Its true that emotion is bad, and losses will be the result of this. I do trade with TA because I believe that it really works but not all the time of course. Good luck on your tradings, if you just depend on your instinct.
full member
Activity: 1498
Merit: 146
Gut instinct is the worst form of trading. More often than not, your emotions betray you. You panic dump when you're supposed to buy blood. You panic buy because of greed and fomo, when you should be selling. Never go with the herd.
Not all the time,if you let your emotions take out your decision making ability then you are going to get trapped and be in losses.

For sure you can make profits by trading with your instinct,if you have some luck.
member
Activity: 518
Merit: 11
Yes, I follow my instincts when trading, because it is indeed important and very useful for me, but in trading we must not only follow instincts, we also have to understand the techniques in trading, such as technical and fundamental.
member
Activity: 266
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You can make some profitable orders by instinct but it doesn't work, can't be trained. It's just a mistake of survivor. I prefer don't hear that feeling because it's connected with other ones like fear and greed.
sr. member
Activity: 924
Merit: 260
Gut instinct is the worst form of trading. More often than not, your emotions betray you. You panic dump when you're supposed to buy blood. You panic buy because of greed and fomo, when you should be selling. Never go with the herd.
hero member
Activity: 3052
Merit: 606
Yes I really do most of the times and it will come to be true at many instances as well in the small price change level.But for a regular trader they need to be stick with the analytical skills for making profits in trading.
I agree.Regular traders have their own trading skills already that have developed through their good analytical and fundamental thinking.Trading using your gut instinct is only advisable as long as you know what you are doing in the first place.Because if not,you might end up trading as a gambling one.So better trade according to your own analysis and not just on what your gut instinct says.
hero member
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I tried that so many times, and I failed miserably. The first time I did, that is when I don't even know what I was doing but I am trading all the time. I don't know how to read charts, add indicators, what indicators mean and I go with the flow. If I see a high percentage, I buy in and then dump happens. I just didn't know what I was doing. Thankfully I found out that you could get to automate your trading. With Gunbot, I have managed to be consistent in my trades and didn't have to follow my gut always. When I did, I just did it for the sake of adding trading pairs and not when I'm buying and selling. I'm letting the numbers do the talking.
Of course, it will surely fail you because all gut instinct does is to create way for emotional trading and unnecessary panic selling, for someone who is not so good at trading or does not have so much time spend on the system for trading.

I think the bot you mentioned such as the gunbot is best but personally for me, I will rather put my analysis to test fundamentally and technically while trading, this is still the best though trading manually takes a whole lot of your time.
full member
Activity: 1498
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Yes I really do most of the times and it will come to be true at many instances as well in the small price change level.But for a regular trader they need to be stick with the analytical skills for making profits in trading.
newbie
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what’s up guys, any good prediction for the rest of the week?

it’s going up, man
proofs?
legendary
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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?

I wouldn't trust internal voice in trading that much. Sometimes you can not define what it is about. Better spend time to watch news and create a trading plan.
Instinct or what you are saying the internal voice is literally based on charts and price history, you can't just have instinct on what you do not know or what you do not care about. Instinct is also speculation which makes the cryptocurrency's price on the market. Guts is your stand on your instinct, how strong or weak you believe in.
newbie
Activity: 44
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what’s up guys, any good prediction for the rest of the week?

it’s going up, man
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
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?

I wouldn't trust internal voice in trading that much. Sometimes you can not define what it is about. Better spend time to watch news and create a trading plan.

Yes, it's better to analyze the market because that is the real things that we could see. We don't know if the voice is from our mind or from the greediness that keeps telling us that "You should sell at that price." And sometimes we are confusing to determine which one is true and in the end, we make a wrong decision.

But sometimes, the instinct doesn't lie to us, but it was not clear for us to see if that is only a trick or it's come from our instinct. So maybe to solve this is when you hear any voice in your mind, accept that but you need to search on the market and if the sign in the market can show the information for you then maybe the voice could be true.
newbie
Activity: 140
Merit: 0
what’s up guys, any good prediction for the rest of the week?
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