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Strategies & Market Trends : Trade What You See, Not What You Think -- Ignore unavailable to you. Want to Upgrade?


To: aldrums who wrote (609)5/15/2001 1:59:20 AM
From: The Flying Crane  Respond to of 867
 
>>"Much of 'anticipation' is 'intuition' for good traders, and these inner thoughts should be listened to and not blocked from our perception."<<

I agree intuition is important but I also think it is over-rated. From my experience, it is impossible for my intuition to be corrected 100% of the time. I'll be very happy if I even get more than 50% correct. I still remember there were times when I was so sure about the market action that I was surprised I was wrong. In come cases, intuition can sometimes become an excuse to think too much.

However, I think intuition is best used along with the system signals. During the time when a setup is triggered, I use my intuition to determine the size of the trade I'm going in with. This way, I still stay within the framework of my trading system.

Yes, it sounds easy but it really isn't. Time and time again I'm tempted to bypass the trading system because I start to think....

FC



To: aldrums who wrote (609)5/15/2001 10:02:42 AM
From: Brandon  Respond to of 867
 
Much of "anticipation" is "intuition" for good traders, and these inner thoughts should be listened to and not blocked from our perception.

Recently I have been starting to do a lot of my trading on an intuitive basis. Bo, Snoop and I still talk about every day and we are each starting to trade the Emini's. I was talking to Snoop about the trades we are taking, and when we got to looking at mine, 70% of my stops occured on very easily identifiable chart patterns and 2/3 of my winners (and all of my big ones) came on something just compelling me to buy or sell..but there was not a chart at all..just a feeling I had that said hmmm..the market feels like its changing here, I can get a trade.

B