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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Threei who wrote (2689)	8/12/1999 10:50:00 PM
From: Dominick	Read Replies (1) \| Respond to of 18137

Vadym: I'm always amazed that when you make decisions based on your natural instincts it turns out wrong. How many time have you heard the saying "It's natural for a person to....." I have found for me, (type A behavior), the only way to overcome emotions while trading a particular stock was to take graph paper,(8 boxes to an inch), and make a point & figure chart of every 1/8 of a pt. move until I felt mentally confident in judging it's behavior. Has anyone tried a lobotomy? Dominick

To: Threei who wrote (2689)	8/12/1999 11:25:00 PM
From: dpl	Read Replies (2) \| Respond to of 18137

Vadym,over the years I have gone from a straight "system trader" to an "Intuitive Trader" as you call it. Back in 1980 I shared an office with a fellow trader who was a clinical psychologist.We had a lot of discussions about intuition.It was his belief that when you performed a very complex task thousands of times that your brain started to use it's subconscious to process the information.The output is in the form of your "inner feeling".It's just as valid as any thought process that your conscious mind does. I have found that if I "get that feeling" really strong that as long as I am not doing something really stupid, like violating some very basic rules, then I do good trading. David