Bitcoin Forum
September 18, 2019, 06:44:02 PM *
News: If you like a topic and you see an orange "bump" link, click it. More info.
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 8 9 10 »  All
  Print  
Author Topic: Are you following your gut instinct in trading?  (Read 1032 times)
arpon11
Sr. Member
****
Offline Offline

Activity: 882
Merit: 282



View Profile
January 15, 2019, 08:01:43 PM
 #1

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?
1568832242
Hero Member
*
Offline Offline

Posts: 1568832242

View Profile Personal Message (Offline)

Ignore
1568832242
Reply with quote  #2

1568832242
Report to moderator
1568832242
Hero Member
*
Offline Offline

Posts: 1568832242

View Profile Personal Message (Offline)

Ignore
1568832242
Reply with quote  #2

1568832242
Report to moderator
1568832242
Hero Member
*
Offline Offline

Posts: 1568832242

View Profile Personal Message (Offline)

Ignore
1568832242
Reply with quote  #2

1568832242
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1568832242
Hero Member
*
Offline Offline

Posts: 1568832242

View Profile Personal Message (Offline)

Ignore
1568832242
Reply with quote  #2

1568832242
Report to moderator
1568832242
Hero Member
*
Offline Offline

Posts: 1568832242

View Profile Personal Message (Offline)

Ignore
1568832242
Reply with quote  #2

1568832242
Report to moderator
Reid
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 543

English is a language.Not a measure of intellignce


View Profile
January 15, 2019, 10:11:10 PM
 #2

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.

tmfp
Legendary
*
Online Online

Activity: 1568
Merit: 1456


"Common rogue from Russia with a bare ass."


View Profile
January 15, 2019, 10:18:01 PM
Merited by BitHodler (1), Raja_MBZ (1)
 #3

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
rodel caling
Full Member
***
Offline Offline

Activity: 812
Merit: 101


★777Coin.com★ Fun BTC Casino!


View Profile
January 15, 2019, 11:06:51 PM
 #4

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.

shield132
Hero Member
*****
Offline Offline

Activity: 1232
Merit: 542


In bit we sler, Bitsler


View Profile
January 15, 2019, 11:21:18 PM
 #5

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.

Oceat
Sr. Member
****
Offline Offline

Activity: 1078
Merit: 262


★Bitvest.io★ Play Plinko or Invest!


View Profile
January 15, 2019, 11:22:20 PM
 #6

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.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Indrawan77
Hero Member
*****
Offline Offline

Activity: 1232
Merit: 516


View Profile
January 15, 2019, 11:24:50 PM
 #7

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
1Referee
Legendary
*
Offline Offline

Activity: 2002
Merit: 1347

Segwit please.


View Profile
January 16, 2019, 12:44:11 AM
 #8

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.

Slow death
Hero Member
*****
Online Online

Activity: 1316
Merit: 740



View Profile
January 16, 2019, 02:04:01 AM
 #9

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 $25K

John McAfee: BTC will hit $500K in three years

and see where the price is


          ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
.WINDICE.████
██
██
██
██
██
██
██
██
██
██
██
██
████
      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀

██
██
██
██
██
██
██
██
██
██
██
██
     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀

██
██
██
██
██
██
██
██
██
██
██
██
                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████


▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
iePlay NoweiI
I
I
I
arpon11
Sr. Member
****
Offline Offline

Activity: 882
Merit: 282



View Profile
January 16, 2019, 06:11:44 AM
 #10

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.
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 $25K

John McAfee: BTC will hit $500K in three years

and see where the price is


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.
zhekinsp
Full Member
***
Offline Offline

Activity: 742
Merit: 124



View Profile
January 16, 2019, 06:15:19 AM
 #11

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.

Xardasim
Sr. Member
****
Offline Offline

Activity: 1160
Merit: 250


View Profile
January 16, 2019, 11:58:39 AM
 #12

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?
BitHodler
Legendary
*
Offline Offline

Activity: 1386
Merit: 1163


View Profile
January 16, 2019, 12:08:23 PM
 #13

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. Cheesy

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.
ShadowBits
Hero Member
*****
Offline Offline

Activity: 994
Merit: 504


View Profile
January 16, 2019, 12:51:31 PM
 #14

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.
clrpod
Full Member
***
Offline Offline

Activity: 322
Merit: 114



View Profile
January 16, 2019, 12:54:57 PM
 #15

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.

GIGZI INDEPENDENT WEALTH MANAGEMENT
Crowdsale Starts on 23rd November 2018
TradingIsBreath
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
January 16, 2019, 01:05:56 PM
 #16

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 Tongue. 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.
dothebeats
Legendary
*
Offline Offline

Activity: 1946
Merit: 1132


Thank you, Kary Mullis


View Profile
January 16, 2019, 02:57:18 PM
 #17

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.




.




  ▄▄▄▄▄▄▄▄▄▄▄▄▄
▄████████▀▀▀▀███▄
███████▀     ████
███████   ███████
█████        ████
███████   ███████
▀██████   ██████▀
  ▀▀▀▀▀   ▀▀▀▀▀

  ▄▄▄▄▄▄▄▄▄▄▄▄▄
▄██▀▀▀▀▀▀▀▀▀▀▀██▄
██    ▄▄▄▄▄ ▀  ██
██   █▀   ▀█   ██
██   █▄   ▄█   ██
██    ▀▀▀▀▀    ██
▀██▄▄▄▄▄▄▄▄▄▄▄██▀
  ▀▀▀▀▀▀▀▀▀▀▀▀▀

            ▄▄▄
█▄▄      ████████▄
 █████▄▄████████▌
▀██████████████▌
  █████████████
  ▀██████████▀
   ▄▄██████▀
    ▀▀▀▀▀

    ██  ██
  ███████████▄
    ██      ▀█
    ██▄▄▄▄▄▄█▀
    ██▀▀▀▀▀▀█▄
    ██      ▄█
  ███████████▀
    ██  ██




               ▄
       ▄  ▄█▄ ▀█▀      ▄
      ▀█▀  ▀   ▄  ▄█▄ ▀█▀
███▄▄▄        ▀█▀  ▀     ▄▄▄███       ▐█▄    ▄█▌   ▐█▌   █▄    ▐█▌   ████████   █████▄     ██    ▄█████▄▄   ▐█████▌
████████▄▄           ▄▄████████       ▐███▄▄███▌   ▐█▌   ███▄  ▐█▌      ██      █▌  ▀██    ██   ▄██▀   ▀▀   ▐█
███████████▄       ▄███████████       ▐█▌▀██▀▐█▌   ▐█▌   ██▀██▄▐█▌      ██      █▌   ▐█▌   ██   ██          ▐█████▌
 ████████████     ████████████        ▐█▌    ▐█▌   ▐█▌   ██  ▀███▌      ██      █▌  ▄██    ██   ▀██▄   ▄▄   ▐█
  ████████████   ████████████         ▐█▌    ▐█▌   ▐█▌   ██    ▀█▌      ██      █████▀     ██    ▀█████▀▀   ▐█████▌
   ▀███████████ ███████████▀
     ▀███████████████████▀
        ▀▀▀█████████▀▀▀
FIND OUT MORE AT MINTDICE.COM
wuvdoll
Legendary
*
Offline Offline

Activity: 1442
Merit: 1025



View Profile
January 16, 2019, 03:29:37 PM
 #18

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.
anume123
Full Member
***
Offline Offline

Activity: 632
Merit: 100


CurioInvest [IEO Live]


View Profile
January 16, 2019, 03:40:36 PM
 #19

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.

SvonioneFromMangoCoinz
Member
**
Offline Offline

Activity: 558
Merit: 10


View Profile
January 16, 2019, 05:04:10 PM
 #20

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.

MINTER - WE MINT COINS AND CREATE THE INTERNET OF MONEY
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Telegram  |  Bip Wallet  |  Twitter
Pages: [1] 2 3 4 5 6 7 8 9 10 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!