hi vadym, I think that intuition is a hugely important thing; you're car driving example is very good. You don't "think" about pushing in the clutch and letting off on the gas and shifting a gear, you just do it. Often it's impossible to even remember how you got from A to B because it was so natural, you did it on "auto-pilot." I think this often happens to traders. At the end of the day you see that you got a great price and sold near the high and think to yourself, um, I can't remember a thing about that trade, you just did it.
Regarding the "inner voice," this is how I deal with it: I let it out. I talk out loud to myself all day long. The trick is to actually listen to what you are saying. Yesterday I was short something and said to myself, out loud, "this is just like blah blah the other day where you took a loss, scratch it now and spare yourself some grief," but I ignored it and took a loss instead of scratching when my "inner voice" told me to. That's the big battle for me now because I have enough experience to have a very sophisticated inner voice, but it is still sometimes difficult to convince the the stubborn guy who has his hand on the mouse to listen.
~Smart$ |
