Topic: Are you following your gut instinct in trading? - page 7. (Read 1196 times)
Well,everyone following it because we are just doing trading when we get a feels that this product will get more value in future so having it now will give us a chance to make money while the price increases.In crypto trading it will be well suited for long term investors because they are investing on a coin based on their opinion they are not going to use analysis for very long term investment.
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.
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.
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. 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?
Our gut instinct is somehow true and somehow false. This is why we don't rely on it however it doesn't mean that we don't use it. Although there are indicators and other tools that helps us in deciding when to enter the market, the decision is still on us. This is when you should use your gut instinct. Through this process, you have more chanes of making profit. 
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?
Relying on instinct is very difficult if we do not have enough knowledge and experience, instincts will be formed by themselves if we have good experience and knowledge and for ordinary people if only relying on that instinct there can be a lucky factor that will help him gain profit. So, trading is not enough to just rely on one skill, it takes a lot of expertise in trading so you can make good profits during trading.
I believe it is true to have something like gut instinct. IMO, it is actually built from your own experience. That goes to say that it take years of trading experience to have a more accurate gut instinct.
Gut instinct can be a bit misleading if care is not taking; Gut instinct is just like gambling or speculation. I have actually used this and sometimes, it works for me and sometimes backfires big time, one bad thing about gut instinct is that the time you need it most is when it fails you.
I didn’t get my trading strategy right until I started relying more on technical and fundamental analysis 100% which I think that is what you should train yourself on more because technical and analysis learning never finishes. So gut instinct cannot be train friend except luck decided to shine on you just like lotto of gambling.
I didn’t get my trading strategy right until I started relying more on technical and fundamental analysis 100% which I think that is what you should train yourself on more because technical and analysis learning never finishes. So gut instinct cannot be train friend except luck decided to shine on you just like lotto of gambling.
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.
Sometimes, following instinct in trading is good especially if we are doubt with the market. I am not too often to use my instinct because I think as long as I have a calculation or predicting where the price goes, I don't use it. But if somehow, I cannot see a clear sign for the market then I will use my instinct to decide to buy or not.
But it's not always guaranteed to see the instinct can help us because sometimes, we were too greedy to get the profit and it causes us to not listen to our instinct.
But it's not always guaranteed to see the instinct can help us because sometimes, we were too greedy to get the profit and it causes us to not listen to our instinct.
I think many times when we opened a position and lost, there was an internal voice that said: Do not enter ... After reading some books, I meet Jesse Livermore, who speaks specifically of instinct, and often, if there is an instinct that you must follow, pay attention, because as strange as it may seem sometimes works, then he advises that if you have an instinct, you have to pay attention.
That instinct does not come from nowhere, it's coming from within and that is based on what we usually read or analyze. I will always follow with my instinct but I will make sure I am educating my self very well so it could give me a chance to come up with a better decision.
Risk is high and we know that, following your instinct alone without basis will not gonna give you a good result.
I think many times when we opened a position and lost, there was an internal voice that said: Do not enter ... After reading some books, I meet Jesse Livermore, who speaks specifically of instinct, and often, if there is an instinct that you must follow, pay attention, because as strange as it may seem sometimes works, then he advises that if you have an instinct, you have to pay attention.
instinct is a pattern of behavior and reaction to a particular stimulus that is not studied but has existed since the birth of a living creature and is obtained from generation to generation.
and right, I trade forex and crypto instinctively, but I also see media news to be additional in predictions
We came up with our decisions through considering some factors around but it mostly coming from our own instinct to decide what is best. and right, I trade forex and crypto instinctively, but I also see media news to be additional in predictions
Media news are just one of the environmental factors affecting our decisions but we should consider the market trend as this is a major basis of our trading plans.
instinct is a pattern of behavior and reaction to a particular stimulus that is not studied but has existed since the birth of a living creature and is obtained from generation to generation.
and right, I trade forex and crypto instinctively, but I also see media news to be additional in predictions
and right, I trade forex and crypto instinctively, but I also see media news to be additional in predictions
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?
Sometimes trading requires an instinct, even though it is more influenced by the data and analysis that we have. Instinct is an important thing because if we can determine the right time and be in the right situation then we can get good opportunities in trading.
How to trade and buy something if you don`t believe in that, if instinct doesn`t tell you that after your buying price will go up and not down again?
Traders don't really care what it is that they trade, or if it has long term potential or not, the charts is all they need. People somehow think fundamentals matter, which they do in the long term, but not in the short term.You can have the best fundamentals just like Bitcoin has, but the short term market has been trashing even Bitcoin, so you have to be very careful when it comes to basing your trades on instinct or believe.
Being neutral is what I consider one of the most important aspects of being a trader. Even if it concerns coins you dislike, you trade them because you see an opportunity, and there are plenty of opportunities with crypto.
yes, I always follow my instincts, because in my opinion that instinct arises when I have read the market conditions and found the next direction.
Yes at the end following our own Instinct will give you some satisfaction in our where trading why it was not also good it will not be a big problem while we are taking our own risk without following any other strategy and in most of the day and it will always works. 
Well I think some of us is following our instinct because what ever the decision we made is still its up to us. If you feel that is good for why not to grab it right? It's depend to our strategy.
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?
Guts or instinct is always been there not only on trading field but in all sorts of situations which do involves on having choices or decisions in life even on simple things but since we do talk about trading, im not saying that we dont need this thing and in fact there are really times that i do make use or follow my guts basing on my own analysis
either with technical or fundamentals because risking will always been part of investment and you do really need the guts to proceed or believe on what you have planned.
Every analysis can fail and even your instincts can as well,so it's wrong to believe that trading with instincts means one will end up with success,no analysis is a sure one,it can only increase your chances of success,but cannot guarantee you success
I prefer studying charts and putting a lot of considerations in check before trading as I'm usually very careful when trading to avoid losses
I prefer studying charts and putting a lot of considerations in check before trading as I'm usually very careful when trading to avoid losses
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