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To: Tom Trader who wrote (44756)	6/4/1998 12:03:00 PM
From: ratan lal	Read Replies (2) \| Respond to of 58727

TT Every time I violate the charts and use my 'intuition' I have been kicked swiftly in the butt. Prime example. This morn my broker called and said sp8m will got 1087 from 1085 and reverse. My charts showed only up direction. SO I did not trade. So far its gone up to 1088 dipped down and up again to 1087.30 now. Still no sell signal. SO I wait. BTW I should have bought at 1085 (had buy signal) for a quick 2 point move. But I was tuned for a short and didnt even consider going long. ratan

To: Tom Trader who wrote (44756)	6/4/1998 12:19:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

My logic is, once a trader becomes accustomed to following a disciplined approach such as that afforded by adhering strictly to a system then an intuitive "skill" develops....a sort of sixth sense, if you will. I believe one can almost anticipate the signals his/her system throws off because of practice. This could be of valuable use. For example if you sensed that your system may have been gearing up for a sell signal yesterday you might have taken the precaution of flattening your long position somewhat ahead of time....meanwhile hedging yourself by putting in a buy-stop above the market in case your intuition was faulty. By so doing, you put yourself back in the trade at a small loss if the market proved your system correct and if your intuition was correct you saved yourself some losses. I know it seems hard to reconcile....Off hand I think someone described such an emotional/mechanical relationship to me, he read about it in a book by Mark Douglas. I think the title was "The Disciplined Trader". I've never read the book nor any book by Douglas....the conversation just popped up in my mind as I was typing this. But no matter what system you use, as long as you apply it in a disciplined fashion you are honing a side of yourself that can anticipate in a fashion you would not think possible. It's no different than any other skill; working on physical skills naturally improves mental ones.