I got a question for those who have traded for quite sometime, have you tried deciding on your trading on the basis of your intuition? It just came into my mind that intuition sometimes affects the way we decide and do things. Have you? For those who are new to trading, is there a possibility that you are going to use your intuition above your checklist of market trends?
Being a woman, I always listen to my intution and I wouldn't wonder if one day, I would listen to it more than what I think would be better. However, I just don't know if it will be better to use it and if my intuition is really worth noting.
I think you have to earn intuition. By earn it, I mean that you should have plenty of experience. As with anything, the more you do something the better you get at it. After trading for a long time, you'll begin to get a feel for the market rhythm and sometimes it will go against what the rest of the market is telling you. I've had this feeling a few times and I've gone with my gut and it's helped me out alot. Trust yourself but at the same time, make sure you know what you're doing
I'd have to say Intuition in with your trading. Danger Danger. I'd like to leave intuition to some of those life choices you need to make in a life or death situation. I do believe the better one knows thy self, the more they can read into themself, but again intuition and trading seems to much like gambling, I'd rather know foresure what i'm getting into. Thx
Take a chart, Look at it, Observe what price is doing, It tells you where it has been & where it is presently, Let what you See guide your actions . If it is not clear it might be best to stand back until it becomes clearer.
Fortunately most people like us do not have to be in the market all the time. We can choose to participate when it is to our advantage. (might be the only advantage a person might have, I'd be careful not to throw it away)
p.s. maybe what I am trying to get at is if you are using intuition then you really do not have a system.