Saturday, January 18

Using Your Intuition in trading

Using Your Intuition
Skilful traders know how to use their intuition to make quick, conclusive decisions. There are times when going with your "gut" instinct can be shrewdly accurate. There are also times, though, where your intuition can be dead wrong, and nothing more than wishful thinking. A seasoned, profitable trader knows the difference, and so should you.
The human mind is capable of making decisions without full, conscious awareness. An experienced driver, for example, doesn't need to pay close attention to every action. It's quite easy to automatically shift gears, hit the brakes, and avoid hitting an obstacle quickly and decisively without thinking. It takes practice, however. When we first learned how to drive, or when we bought a new car, it took a little time to process a vast array
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