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Non-Tech : Meet Gene, a NASDAQ Market Maker
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To: LemonFlavor who wrote (872)8/30/2000 6:56:58 PM
From: exdaytrader76  Read Replies (4) of 1426
 
IQ vs. intuition

In my one month of real trading, I felt about zero intuition. I know it exists, but I have not seen it firsthand. The traders I see who rely most on intuition or "gut feelings" are the ones losing the most money. IQ helps you analyze and make rules. Equally important is the other part of your gourd that controls emotions and the psyche. I think intuition must come after first applying all your rules, but it can be the difference between making and not making money.

So your theory is 1 for 1.
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