I’ve heard from many traders that they often take decisions based on
instincts. Actually, all non-quants use intuition in some form or
another. If you are not using a program that takes all signals that your
system produces, how do you decide between several equally good looking
trading setups with similar risk to reward? Do you take them all or do
you concentrate on only a few? The odds are that you are doing the
latter and your ultimate choice for capital allocation is subconscious.
Even
though we are defined by our decisions, we are often completely unaware
of what’s happening inside our heads during the decision-making
process.
Feelings ..
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