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Topic: Are you following your gut instinct in trading? - page 9. (Read 1196 times)

legendary
Activity: 3108
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
It is not gut or instinct. It is called a choice and decision making.

If you rely on gut then it is like relying on luck. Use analysis and other means of checking the prices. Like charts and history of a certain coin that you are trading.
Monitoring. It also helps. An hour or a day of checking the price fluctuation, until you get used to it.
hero member
Activity: 2240
Merit: 579
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 also agreed with what you were about following ones gut when the technical and fundamentals analysis seems not to be working but before ones can choose to follow the third analysis which is gut ones must have a knowledge about the crypto market in other not to go wrong because any foul played can happen through the whales.
legendary
Activity: 3122
Merit: 1398
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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?

In terms of analyzing the behaviour of crypto price, it's really a usual thing to not just consider technical analysis and charting when making a next strategy. That's how volatile crypto is and can spoiled all professional analysis in just a one sweep of a trend.

On the other hand, putting instinct doesn't have a direct effect to increase luck "BUT" it's a good reference for our next plan strategy especially if the thing on our mind are well backed up by our own analysis. Not a direct trading and investment tool but a "self tool".

Take note that just setup a limit and try to be "realistic" all the time. We are avoiding the possibility of being carried away here that can lead to losses.
newbie
Activity: 37
Merit: 0
Your instinct is just your subconscious knowing how to process the information already. Technical analysis leads the way, experience tells me wether to pull the trigger. Patience is my guide
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
Sometimes I try when I lose myself into graphs. Because, especially in crypto trade, sometimes price analysis can be very difficult. I know this isn't true but when I make profit it makes me feel like I earn without doing nothing and I like it.  Grin
You must be very lucky then if can pick right coins and right price in trading activity. Because sometime it is  very hard to decide which coin we want to buy and in what rates, if someone keep do good on that thing, trading will look very easy to everyone.
full member
Activity: 506
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Sometimes I try when I lose myself into graphs. Because, especially in crypto trade, sometimes price analysis can be very difficult. I know this isn't true but when I make profit it makes me feel like I earn without doing nothing and I like it.  Grin
hero member
Activity: 1246
Merit: 529
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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?
Making our own decision while trading is important because no one really knows how the makret will going to be so just deciding based our assumptions and act accordingly will help our confidence to increase a lot while we did some profitable trades or just keep it as lesson.

Well sometimes your gut feel is right, sometimes it can be wrong. The only thing about it is you don't have to blame anyone else when you follow it. I agree that not all the time ta's will hit the point. You sometimes have to pair it with that your instinct tells you.
legendary
Activity: 1652
Merit: 1483
gut instinct should be the arbiter (the final authority) in decision-making, but it shouldn't be the primary factor. if everything is based on your gut, you're basically trading on emotion---that's a big no-no.

fundamental and technical analysis should always come first. they should frame whether a trade setup has positive expected value (eg a 60/40 or 55/45 chance of success). gut instinct should prevail in situations where perceived risk/reward is marginal and a trader needs to decide whether a trade is really worth entering.
hero member
Activity: 1806
Merit: 671
At the end we will always trust our gut on our decision making even if we have read all the news, done our research, and made our technical analysis of our own it is always our gut we will be depending on if we believe what we have gathered is right or not so there is really no choice here if  we are on our order list. To be honest you cannot be as comfortable investing in the crypto market as compared to the stock market as based on my experience everything can go to the opposite direction even if you are 100% sure of your analysis, its how the market behaves and we can't control it.
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
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?
Making our own decision while trading is important because no one really knows how the makret will going to be so just deciding based our assumptions and act accordingly will help our confidence to increase a lot while we did some profitable trades or just keep it as lesson.
member
Activity: 179
Merit: 10
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?

Isn't when we say gut instinct, it is a part of our human nature instinct, or could I say part of our emotions. Because, in my experience every time I do the actual trade in the market. There are only 2 things which is only possible to be happen and that is my emotion controls me or I will control my emotions.
member
Activity: 434
Merit: 10
technical and fundamental analysis is one of the important factors, but do not leave the instinctive factor, everyone has a different narrative and it can change the way of looking at the risks taken and capture in tranding, if it is combined with trade, I think that's an extraordinary thing
hero member
Activity: 1932
Merit: 504
I don't follow anyone in trading, only by myself. Even loss or profit, i can learn something from that. At past i follow my friend, trading in a group, and can share information each others, but a lot of loss i get in there.
newbie
Activity: 14
Merit: 0
Yes, there will be. I call this the market sense. Yes, you will have your own unique understanding of the market. But it's not 100% accurate for me.
sr. member
Activity: 1400
Merit: 269
I dont know about that but i depend on fundementals and technical analysis to make the right calls to buy or sell and stop my loss of crypto tokens. I just dont usually rely on gut feeling cause last time ive relied on it. I loss my investment well not totally but quite significant enough to not rely in gut feeling but in strategies and trading experts who really knows what their doing.
sr. member
Activity: 2142
Merit: 465
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It's true I'm a person who doesn't really understand the graphs, candles, statistics of trading, etc. but I have some backgrounds about them however I don't usually use it all the time since it's really hard for me to understand those kind of complicated stuff and in result I just following my guts in selling and trading for example once I earned 5-10% I will sell it automatically and if I lose 10-15% I will sell it immediately to avoid further losses.

So I'm trading using my instinct and if I sense something like I think there's a dump that will happen I will sell it immediately.
legendary
Activity: 2576
Merit: 1655
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 agree with you. sometimes it does work for me. Most of the time technical analysis of the market and signals do fail, but when you make use of your instinct it does perform magic. At that point, you learn and you will feel very happy. When it didn't work out you feel disappointed but you will still learn and gain more experience. It is good to use our instinct in trading.

But at least there's some kind of stimulus that make you follow your instinct. Did you see read the news today? Did you go around the community and read somewhere that the price might spike in the next coming days?

It's not like you just wake up and say I will go full Ethereum today because my gut instinct tells me to do. There's still that market influence and then you just follow it and call "instinct investing".
sr. member
Activity: 1162
Merit: 251
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?

That instinct makes us confident in trading, but that instinct must have a reason, for example combining several indicators that all show buy or sell signals, so it's not the origin of guessing without reason.
Agree, your instincts must also be accompanied by profound reasons, you cannot just originate instinct because it only means that you are guessing or trying your luck and trading is not the same as gambling. I myself not too dependent on instincts, except when cornered and doesnt have other choice
member
Activity: 518
Merit: 14
Yes it is true that we have that.
Technical analysis are like broken lines. You will still need to decide at the end whether when to sell or buy.
That is your instinct telling you to do it.

When you get it right what do you feel? That feeling of success is because of your instinct and not just your analysis.
maybe not only instincts but about self-confidence, that might be what often happens if we feel confident and confident then we can make a decision,
 because the movement of the price of bitcoin is strongly influenced by some big country policies so we can observe some policies from big countries.
so things like this can be a reference for us to determine our attitude.
legendary
Activity: 3052
Merit: 1047
Your country may be your worst enemy
Following my instinct?
What kind of man are you?

When it comes to chasing women, or buying fruits at the grocery store, I've always followed my instinct, but I have absolutely no instinct to tell me that today XMR will go up or down. And I don't think any man has instinct for that.
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