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


To: dpl who wrote (2698)8/12/1999 11:44:00 PM
From: Threei  Read Replies (2) | Respond to of 18137
 
David,
thank you, this is very close to what I feel and what I try to develop further. Sometimes it feels like stock is yelling at me from the screen "Buy me right now!" :)
Often it feels like some kind of flow takes me with it as I observe the stock movement, and I find out that my fingers actually made buy and sell without any concious command - like you drive the car not really putting any efforts or thinking in what pedal to push or what the angle of steer turn should be. I can always put good reasoning for trade afterwards, but looks like most often it's just a wording of what intuition caught in no time. Trading system gave the stock to watch and some general points to watch for, then intuition fined the exact moment to push the button.
Does it sound correct, familiar?

Vadym



To: dpl who wrote (2698)8/13/1999 8:17:00 AM
From: TraderAlan  Respond to of 18137
 
David,

When I see something that gets me so excited that I'm moving so fast to take a position I can't hit keys or shuffle the paper right, I'm close to 100% accurate.

Doesn't happen often but it occurred yesterday when I looked up and saw the bond yield at 6.23%. Got short the SPY 5-min before the afternoon decline.

But that's experience, not intuition right? Or is it both?

Alan