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Old 01-05-2007, 01:46 AM
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Re: Intuition and Trading

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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.
I have to admit... it made me smile. Very good point redlew. How many times have false hope clouded our judgements? It's amazing when I know I am so wrong but yet I continue to search for clues of false hope. The mind definitely plays tricks on me.

False hope and myself... we get along pretty well. These days I just talk to myself "Here goes that false hope again..."

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