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Old 01-04-2007, 10:55 PM
redlew redlew is offline
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Re: Intuition and Trading

Great topic Soultrader.
Intuition is a great tool. Developing it is not so easy. When I am in a losing trade and intuition tells me that I should bail before my stop is taken out, intuition battles with hope. When I am in a winning trade that is developing slower than I want (I want that profit now! )and know that I should be patient and not take profits too soon, intuition battles fear and greed. It is a tough balance to find. It is also easy to think that I am having intuition when I am not finding any set ups to trade and just on the sidelines watching. Experience is the filter for intuition.
The link that follows is for a gal that specializes in the psychological aspects of intuition and trading. Go to the Press and Papers section and check out her stuff. I think it is good stuff.
http://www.marketfocusing.com/main.html]MarketFocusing

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