Intuition,
One of the most fascinating topics of trading discussion to me. The idea that we feel things before they happen, and often repsond to before we know it. Arriving at a solution without knowing how. It's been widely accepted that this kind of feeling doesn't happen without experience in watching, participating and accepting some type of signals by which we digest in whatever field. Intuition in trading is just one field. Sports, relationships, etc. There are all kinds of areas by which intuition is apparent. In trading, it's fascinating to enter trades when the "body" begins to feel it's right, even before the setup occurs only to see the setup being confirmed later.
Often our intuition leads to a failed trade, but the ability to trust this intuition, right or wrong, has certainly created more confidence within myself at least, during each trading day. Sometimes, I don't have this feel at all, while other times, it's strong. Just letting it work naturally, while absorbing more and more experience on each trading day, is by far one of the most incredible trading experiences that I've had the pleasure of "realizing" over the past year or so of my trading.
One thing to distinguish...Newer traders may feel they have intuition, where it might be just "hope" or "want" as I feel they don't have enough experience to justify it as intuition..this is just my opinion as I feel intuition is bred upon experience of information being digested by our inner self, ready to be released at a later point in time.
I mainly say this because I would hate to see "intuition" as becoming the next major buzzword of trader's that haven't a clue on how I perceive it to work. I've already seen, "keep your stops, money management, trading psychology, tape reading, etc." as selling buzzwords by those that take it on a face value approach. Intuition by rights requires something deeper in understanding (in my opinion) that I'd hate to see newer traders denying themselves the right to have this process develop, by thinking they have it right off the get-go.
Again, just my opinions.
Respectfully,
Chris |
