why you must not pkace that trade. | Bitcointalksearch.org

burner2014

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Quote from: Idrisu on December 18, 2016, 01:40:33 PM

I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

Maybe they are already master in trading that is why they already know when and what to trade.
But as a beginner we need to have a lot of experience before we finally see the market flow and be like them that as a snip of their hand they can finally decide if they are going to trade of not. It always takes time before we can be like them.

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Quote from: xuan87 on December 31, 2016, 10:59:04 PM

absolutely not, trading based on guts, is just the same with gambling and buying lottery, if you want to earn and sure you can earn by your feeling then go to gamble, in trading you need analysis and other skill to place a trade, especially in forex, the movement of the price can be super fast, wrong movement could cost you big loss

I think the factor analysis is required. also the luck factor is also one important factor. everyone should have a fortune to get good results.

xuan87

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absolutely not, trading based on guts, is just the same with gambling and buying lottery, if you want to earn and sure you can earn by your feeling then go to gamble, in trading you need analysis and other skill to place a trade, especially in forex, the movement of the price can be super fast, wrong movement could cost you big loss

BitFinnese

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Quote from: Idrisu on December 18, 2016, 01:40:33 PM

I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

If you believe in fairy tale yes Cheesy

. Those advice is to lure people into trading blindly. For what? So they can dump their holding to your buy order. There is no magic in trading. Just a systematic way of investigation, research, updates and development etc, and predicting the price according to the data gathered. Newbie trader should never apply the guts feeling thing in trading.

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Quote from: Herbert2020 on December 21, 2016, 03:08:21 AM

Quote from: Idrisu on December 18, 2016, 01:40:33 PM

I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

it is possible that you misinterpret the article that you read saying that.
because you never make trades on dumb luck, you have to spend time, study the market (either analysis of the charts of the news or both) and then make your move, each move being a well thought plan.
those you see doing it easy and fast have lots of experience and can make all that decisions and analysis in a second. that is why it may like it being like trading based on his gut!

It is true that trading requires some experience and a lot of work and searching and analyzing, but most of the time it has some luck in it just like gambling.

Because there are many factors that we don’t know about and we cannot intervene in , as there is a lot of money as profit in it there is a risk and that risk is that it is simply based on luck.

In between, rushing toward for a result might lead to failure because in rush we might miss proper analysis.

Herbert2020

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Quote from: Idrisu on December 18, 2016, 01:40:33 PM

I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

it is possible that you misinterpret the article that you read saying that.
because you never make trades on dumb luck, you have to spend time, study the market (either analysis of the charts of the news or both) and then make your move, each move being a well thought plan.
those you see doing it easy and fast have lots of experience and can make all that decisions and analysis in a second. that is why it may like it being like trading based on his gut!

densuj

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Quote from: Idrisu on December 18, 2016, 01:40:33 PM

I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

Actually what are you talking about it is about indicator of analysis technical on trading forex, many indicators out there, and the indicators are just tools for help making prediction.
I don't think we can be successful depends our gut in forex trading,
We still need system trading on the forex trading the best ways trading forex can give us profit consistently.
Profit consistently is mean number of lost more less than number of profit.

buwaytress

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Quote from: capoeira on December 19, 2016, 07:29:14 AM

intuition is not what most people think it is. It is actualy "thinking without thinking" and requires A LOT, and I mean A LOT of expierience. We are talking about years of observation of the markets

Now intuition is a little different from gut feeling and I agree there are some people who are better attuned to market conditions. They do make some intuitive trades but these are based on subtle judgments that even they may not immediately be conscious of but can later make sense of once they take stock of things. I believe this can happen especially in the heat of breaking news or ongoing developments.

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Quote from: Idrisu on December 18, 2016, 01:40:33 PM

I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

Gut is not enough to be successful in trading in a long run. You need to analyze things and form various strategies for that. Yes you can have

a one or two successful trade depending on your intuition but it will not always be the same. You need bot intuition and knowledge/skills for

that and to developed it you need a lot of experience.

capoeira

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intuition is not what most people think it is. It is actualy "thinking without thinking" and requires A LOT, and I mean A LOT of expierience. We are talking about years of observation of the markets

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Trading with your emotion or just based on your speculation can't be considered as good trading practice, it may work for few times but on longer run you will only loss.

You have to analyze trading charts, have to figure out current market trend, learn from the trading candles and mainly have to focus on any updates related to assets which you are trading or trying to trade.

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Quote from: Idrisu on December 18, 2016, 01:40:33 PM

I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

Gut feelings will usually sabotage your market research and trading plan. A successful trader will go with his/her gut feeling only after following his/her trading plan; most successful traders go with their strategy, not their feelings.

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Quote from: Idrisu on December 18, 2016, 01:40:33 PM

I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

This thing is impossible if you use this method on just using your intuition the you will easily burned out your account on forex trading.Gut in forex is not a major thing and helpful since you will really need mostly a good analyzing and technical skills in order to be succesful on this field. Forex trading is too risky because of moving markets and guts wont work out.

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Quote from: Idrisu on December 18, 2016, 01:40:33 PM

I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

whoever that was saying what you read, was either an idiot gambler or someone trying to fool others into starting forex trading.

what you said doesn't even make sense unless you have a sixth sense and you are an alien Cheesy

for normal people who live in the real world that is not possible. you analyze the market and charts and watch the news and then your brain gut tells you what to do based on the information you have given it!

btcdiggingmaster

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Quote from: Idrisu on December 18, 2016, 01:40:33 PM

I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

Forex trading is unpredictable job as you know many people have lot of knowledge on forex but actually it won't exatly how they planned, many people does not have accurate results and leads to loss. Before going to forex they need predict the market and they need to analyse how it works, forex is more typical than crypto currency you need to take lot of measures before doing any forex trading.

The main part of the forex trading we have to analyse each and every thing, market strategist according to market they need to have more involvement in forex trading.

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Quote from: Idrisu on December 18, 2016, 01:40:33 PM

I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

if you said forex trading then you need to have more knowledge than crypto currency trading because forex trading is more risky than crypto trading. i agree that forex trading can give a big lot of profit but the risk is more big too, so i don't think if forex trading will be the good choice. if you can do crypto currency with good, then i think you can do with that and get mastered it and after that, you can trying with different way of trading like forex or others trading.

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all trader can't prediction 100% accurate
so if you want buy signal not 100% always profit, if signal seller only see profit, not see about floating and lost
person succes in trading can't share signal or about use trading system, nothing selling signal
because self trading is result much profit

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I have to say, a lot of fucking degenerate, house-losing, wife-losing, dignity-losing gamblers also trade on their gut feelings, and that feeling can steer you wrong pretty damn quick. Same thing with forex, stock, bond, metals, and everything else-trading. If you rely on emotion, you're usually dead. I think that gut feeling is a subspace of emotion, though I could be wrong.

Also: A broken clock is right twice a day. So you could get lucky with your gut. Who knows.

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Quote from: Idrisu on December 18, 2016, 01:40:33 PM

I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

The answer is yes if you're a gambler. Take a look at some forex competitions with free money. The most successful aren't consistently the same people. They're gamblers.

If success is measured by highest profit, then this is your answer. Long term wise? I've met ppl who worked as brokers, insurance agents, sales... their while lives. But traders? Don't think I know any full timers more than 10 years.

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No, trading using good analyze, just intuition is not good enough.
We can successfully in trading, it's depends your capability to analyze market trend, strategy, management and your intuition.
Trading i think pretty complicated, you just have two option buy and sell, but people also have same option, which means can affect the market trend, here you need to use your capability.

Idrisu

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I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.

Topic: why you must not pkace that trade. (Read 983 times)