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arpon11 (OP)
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January 15, 2019, 08:01:43 PM |
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We were advice during my forex trading by trading expert that we should not depend only on technical and fundamentals indicators alone in trading but we should focus our mind in the third indicator which is our gut instinct and we were told that it can not fail us but making us rich and build our confident in trading. However. I think about 80% of traders don't know how to hear the voice of their instinct during trading! Can one get this gut instinct training like others investments tools? Is it even truth that we have something like gut instinct?
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Reid
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January 15, 2019, 10:11:10 PM |
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Yes it is true that we have that.
Technical analysis are like broken lines. You will still need to decide at the end whether when to sell or buy.
That is your instinct telling you to do it.
When you get it right what do you feel? That feeling of success is because of your instinct and not just your analysis.
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tmfp
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We were advice during my forex trading by trading expert that .... we should focus our mind in .... our gut instinct and we were told that it can not fail us but making us rich.....
I hope you didn't pay for this advice. |
Extraordinary Claims require Extraordinary Evidence |
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rodel caling
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January 15, 2019, 11:06:51 PM |
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We were advice during my forex trading by trading expert that we should not depend only on technical and fundamentals indicators alone in trading but we should focus our mind in the third indicator which is our gut instinct and we were told that it can not fail us but making us rich and build our confident in trading. However. I think about 80% of traders don't know how to hear the voice of their instinct during trading! Can one get this gut instinct training like others investments tools? Is it even truth that we have something like gut instinct?
Instinct is a nutral present of mind of everyone so to,this ideas in trading is helpfull but need also to analysts all decision in trading, as of now I can't heard if there have an training school for the instinct development. |
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shield132
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January 15, 2019, 11:21:18 PM |
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We were advice during my forex trading by trading expert that .... we should focus our mind in .... our gut instinct and we were told that it can not fail us but making us rich.....
I hope you didn't pay for this advice. lol, you made my day. Btw if anyone goes on forex courses and thinks that if he/she learns everything well, will become successful trader, then sorry but you are wrong. In trading someone loses and someone wins, without losers you can't win. Also trading is luck and luck plays a huge role, sometimes price can decrease at time when you think everything around currency is positive and every chart/statistics supports your opinion but somehow won't be correct. In gut instict do you mean the wish of more profit? If yes, then everyone thinks and trades to get much profit, so it's hard to stop when you really have to stop because for example if you waited for 2 day and would gain 1.5x profit, then you feel guilty and so on. |
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Oceat
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January 15, 2019, 11:22:20 PM |
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Intuition vs luck vs skills.
Do you think you could survive in trading if you have lack one of these? I think it is better to have a combination of these 3 if you are trading, this is to ensure that your chances of winning will gonna get high despite of having a low score in one of these categories.
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3996
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Indrawan77
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January 15, 2019, 11:24:50 PM |
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No I don't follow my guts in trading, I used indicators and fundamental analysis when I trade, I used data and logic to make a decision, following guts could be dangerous, without proper research, trading would be like gambling and following gut is consider as gambling, if you are lucky it could make you rich, if you are unlucky then you will lose money, trading is not supposed like gambling
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1Referee
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January 16, 2019, 12:44:11 AM |
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I have been a bit too hard on technical analysis in the last months I guess. In the end, it all comes down to having it work in your favor to increase the probability of a trade to be profitable. In general, if you apply technical analysis the way it should be applied, especially during a calmer market, you are more likely to have more winning than losing trades.
Gut instinct is gambling. You can be right in the short term, feel like you have become an expert, but you'll likely get rekt in the long run and lose it all.
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Slow death
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January 16, 2019, 02:04:01 AM |
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but we should focus our mind in the third indicator which is our gut instinct last year These guys also follow their instincts: Tom Lee: BTC will reach $25KJohn McAfee: BTC will hit $500K in three yearsand see where the price is |
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arpon11 (OP)
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January 16, 2019, 06:11:44 AM |
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We were advice during my forex trading by trading expert that .... we should focus our mind in .... our gut instinct and we were told that it can not fail us but making us rich.....
I hope you didn't pay for this advice. This is serious and that s the major reason I do ask if we should follow our gut in trading. Some traders are trip in technical analysis and often times follow chart pattern and candlesticks pattern but lose money during trading. I think we should not underestimate the power of the three and these technical, fundamental and gut instinct should be combined before we invest into cryptocurrencies market. I could remember we paid around $500 for two weeks training but it was very useful to me. |
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zhekinsp
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January 16, 2019, 06:15:19 AM |
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We were advice during my forex trading by trading expert that we should not depend only on technical and fundamentals indicators alone in trading but we should focus our mind in the third indicator which is our gut instinct and we were told that it can not fail us but making us rich and build our confident in trading. However. I think about 80% of traders don't know how to hear the voice of their instinct during trading! Can one get this gut instinct training like others investments tools? Is it even truth that we have something like gut instinct?
All kind of trading are done by our instinct only,because we all are buying the cryptos with the hope of the prices will increase someday. So it is not a wrong this to follow your instinct but don't just go like gambling with your coins. |
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Xardasim
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January 16, 2019, 11:58:39 AM |
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It depends on the rates. If I have more chances to gain, sometimes I try. But if both are 50%, this is not trading, I call it ''bet'', ''gambling''. I do not think there is anything forcing you to trade. If you can not get a result from the analysis, why not wait?
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BitHodler
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January 16, 2019, 12:08:23 PM |
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We were advice during my forex trading by trading expert that .... we should focus our mind in .... our gut instinct and we were told that it can not fail us but making us rich.....
I hope you didn't pay for this advice. Couldn't have said it better. It reminds of someone who said that in order to be successful in trading, you have to follow your heart and make the right decision, which is hilarious. It makes me laugh just thinking about it.  At the end of the day, trading is a guessing game. If you blindly guess you are more likely to be wrong. If you make an educated guess, you are more likely to be less wrong. Only a very few traders end their sessions with profit.... I know of myself that if it isn't a long term trade, like buy low sell high, there is no point for me to trade because I suck at it. I tried it, failed, then tried it with paper trading, failed again. I'm happy to distance myself from making mistakes. |
BSV is not the real Bcash. Bcash is the real Bcash.
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ShadowBits
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January 16, 2019, 12:51:31 PM |
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We were advice during my forex trading by trading expert that we should not depend only on technical and fundamentals indicators alone in trading but we should focus our mind in the third indicator which is our gut instinct and we were told that it can not fail us but making us rich and build our confident in trading. However. I think about 80% of traders don't know how to hear the voice of their instinct during trading! Can one get this gut instinct training like others investments tools? Is it even truth that we have something like gut instinct?
Since I can't apply the things that I have seen on the internet on how to trade then I have to really follow my own gut to trade and I have to learn some things on my own to be better at it. |
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clrpod
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January 16, 2019, 12:54:57 PM |
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I think you should only rely on your gut instinct when there is very little analytically between your options. Aside from those times it's better to go with analysis and data rather than on a hunch you have.
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TradingIsBreath
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January 16, 2019, 01:05:56 PM |
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We were advice during my forex trading by trading expert that we should not depend only on technical and fundamentals indicators alone in trading but we should focus our mind in the third indicator which is our gut instinct and we were told that it can not fail us but making us rich and build our confident in trading. However. I think about 80% of traders don't know how to hear the voice of their instinct during trading! Can one get this gut instinct training like others investments tools? Is it even truth that we have something like gut instinct?
Yes, many times  . There are many cases were you need to trust on your gut feeling. Even though your strategy and your bots are against your gut feel trust your gut. When you trade for qualitative amount of time and you are good at reading market you start getting come intuitions. Many times during the dump in last Jan Feb my gut feel was the one that hold me back from taking a long. |
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dothebeats
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January 16, 2019, 02:57:18 PM |
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I usually get inputs from other traders and use that as a basis of my trading ventures, though I don't solely rely on those alone. I also have my own strategies formulated over time, but it never is a pain to look at someone's prediction of what's to come and weigh whatever is more plausible and reasonable. Oftentimes, our gut feeling really helps, but that alone IMO isn't a sufficient basis for monetary/financial decisions as they are not guaranteed correct 100% of the time. You might kick yourself in the process while saying "I told you so" when you turn out right, but then again, deductive reasoning and pure logic is still far superior than just gut feeling alone.
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wuvdoll
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January 16, 2019, 03:29:37 PM |
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Definitely. Most of the time when I trade I check on the charts and all that but I try to follow the trend and the price usually moves around one or two spots and I try to buy and sell between those numbers without looking at the chart too much. If I feel like bitcoin will drop to a certain amount than I sell above that (well put sell order above it) and when I feel like it will be going up than I put a buy order at a bit below what I think it will reach.
That is how I made most of my profits in the past 2 months, even tho price hasn't changed much I have made one of the most profits I have ever made in crypto for the past 6 years except the shocking 20 thousand dollar 2017 peak times. It is just getting to know bitcoin and understanding that it doesn't stay still and usually move between two positions constantly.
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anume123
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January 16, 2019, 03:40:36 PM |
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Sometimes I follow what I think maybe it worthly impossible to happened and for sure it's my own decision to do because its a strategy if the price going up or down. So made your own path.
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SvonioneFromMangoCoinz
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January 16, 2019, 05:04:10 PM |
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We were advice during my forex trading by trading expert that we should not depend only on technical and fundamentals indicators alone in trading but we should focus our mind in the third indicator which is our gut instinct and we were told that it can not fail us but making us rich and build our confident in trading. However. I think about 80% of traders don't know how to hear the voice of their instinct during trading! Can one get this gut instinct training like others investments tools? Is it even truth that we have something like gut instinct?
There are quite a number of investors who have been very successful thanks to investing in the way they listen to their own voices. But to get an accurate voice, you need to have a high level of expertise and a lot of reasoning about the business you're about to invest. That word, inside you can create a voice and it will be quite accurate. We always need to cultivate knowledge to succeed. |
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