Are you following your gut instinct in trading?

[Freddy11]

All I can say is that it’s CRAZY if we try to follow our gut instinct or anything as such, it’s something that could create HUGE problem for us. We must work through proper strategy and method, and only in situations where we are stuck, then it make sense to go for gut feeling.

But if you make it a common theory then you are moving towards the worst possible direction. I do use Crypto Trading Tools, which simplifies my way but aside that I have very proper strategy in place.

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[Finestream]

All I can say is that it’s CRAZY if we try to follow our gut instinct or anything as such, it’s something that could create HUGE problem for us. We must work through proper strategy and method, and only in situations where we are stuck, then it make sense to go for gut feeling.

But if you make it a common theory then you are moving towards the worst possible direction. I do use Crypto Trading Tools, which simplifies my way but aside that I have very proper strategy in place.

I agree.It's not bad to follow our gut instinct some time but we should also have our own analytical and fundamental skills that will be the basis of our trading.Otherwise,if you just follow alone what your gut instinct says,you might fall into gambling which has no assurance if you'll just lose or make profit at the end of the day.

[Lpim01]

All I can say is that it’s CRAZY if we try to follow our gut instinct or anything as such, it’s something that could create HUGE problem for us. We must work through proper strategy and method, and only in situations where we are stuck, then it make sense to go for gut feeling.

But if you make it a common theory then you are moving towards the worst possible direction. I do use Crypto Trading Tools, which simplifies my way but aside that I have very proper strategy in place.

I agree.It's not bad to follow our gut instinct some time but we should also have our own analytical and fundamental skills that will be the basis of our trading.Otherwise,if you just follow alone what your gut instinct says,you might fall into gambling which has no assurance if you'll just lose or make profit at the end of the day.

That is how our own TA helping us to succeed in trading. It is somewhat difficult for new traders but they particularly learned it once they want to work on it. It most cases that traders are just using their guts which it eventually burning them and never been profitable with that. We need some basis to work it well and do strategies to support, in fact, we have our own strategies only be needing those looks to be effective.

[nydiacaskey01]

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?

Gut instinct or otherwise known as emotions. I would trust my gut feelings if there's money at stake or if it is related to money. If there are tools that help us decide if its time to buy or sell better use it than use your gut feeling. That's the reason why there are tools like parabolic sar, rsi and bollinger bands, to help us better decide than follow our emotions.

[Oilacris]

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?

Gut instinct or otherwise known as emotions. I would trust my gut feelings if there's money at stake or if it is related to money. If there are tools that help us decide if its time to buy or sell better use it than use your gut feeling. That's the reason why there are tools like parabolic sar, rsi and bollinger bands, to help us better decide than follow our emotions.

On most cases we should really do this thing but there are really some orders that we cant understand and we just put up our entry or exit point without
any analysis that have been made because we do just feel that we should do that thing on point.Most of the time this isn't an ideal thing to be done but
there are instance which these gut made decisions do benefit us.

[wayancrypto]

I think use technical and fundamental analysis for trading is more accurate than use instinct. And use instinct in trading just the same like gambling. We need also to have good psycology in trading to avoid greedy and not patient.

[Aivaryamal]

Here we can say that we are talking more about intuition, but it needs to be very well developed to predict in most cases the course of further events

[Capt00]

I think use technical and fundamental analysis for trading is more accurate than use instinct. And use instinct in trading just the same like gambling. We need also to have good psycology in trading to avoid greedy and not patient.

Correct, instinct is just like guessing you don't have solid proof that it might happen. Just like listening to your own emotion but the fact is that not accurate. Instead of using instinct why we do not use proper timing from picking a good coin and having buy and sell in trading that is the important thing here to have proper timing in every decision and followed by fundamental skills.

[michellee]

Here we can say that we are talking more about intuition, but it needs to be very well developed to predict in most cases the course of further events

Sometimes our instinct was telling the truth, and we are missing the chance to pick the right coin. I have this experience before, if I follow my instinct, I can make a big profit, but unfortunately, I don't trust my feeling at that time, so I only make a small profit. And after that, I will listen to my instinct, but I still do analyze to decide if it's a good time to buy or sell.

[kennen1113]

I think use technical and fundamental analysis for trading is more accurate than use instinct. And use instinct in trading just the same like gambling. We need also to have good psycology in trading to avoid greedy and not patient.

Correct, instinct is just like guessing you don't have solid proof that it might happen. Just like listening to your own emotion but the fact is that not accurate. Instead of using instinct why we do not use proper timing from picking a good coin and having buy and sell in trading that is the important thing here to have proper timing in every decision and followed by fundamental skills.

Although we have no evidence to say that what we feel will happen but we should understand that feelings and worries will never happen randomly in trading, especially if we are an experienced trader with this market, intuition and emotion only appear when danger and risk are approaching. Agree that we cannot know exactly whether this feeling is right or wrong but we should believe it, sometimes we may miss good opportunities because it but sometimes it can prevent a huge loss for us, consider choice, intuition is not useless

[jazmuzika217]

Here we can say that we are talking more about intuition, but it needs to be very well developed to predict in most cases the course of further events

Sometimes our instinct was telling the truth, and we are missing the chance to pick the right coin. I have this experience before, if I follow my instinct, I can make a big profit, but unfortunately, I don't trust my feeling at that time, so I only make a small profit. And after that, I will listen to my instinct, but I still do analyze to decide if it's a good time to buy or sell.

Following your instinct is not 100% chances you can get a good profit because you only thinking what will happen to the altcoin.
For me following a technical analysis is better because it has a sign tobe pump or dump, Im notsaying it has a 100% sureball but based on my experience its better.

[Malsetid]

Here we can say that we are talking more about intuition, but it needs to be very well developed to predict in most cases the course of further events

Sometimes our instinct was telling the truth, and we are missing the chance to pick the right coin. I have this experience before, if I follow my instinct, I can make a big profit, but unfortunately, I don't trust my feeling at that time, so I only make a small profit. And after that, I will listen to my instinct, but I still do analyze to decide if it's a good time to buy or sell.

Following your instinct is not 100% chances you can get a good profit because you only thinking what will happen to the altcoin.
For me following a technical analysis is better because it has a sign tobe pump or dump, Im notsaying it has a 100% sureball but based on my experience its better.

Who says it's going to be 100 percent? Even technical analysis won't give you perfect trades all the time. Sometimes i do follow my instincts when i make trades and there are a lot of times when i can say i made the right move in following my gut feel. The more experienced you get the more reliable your instincts would be.

[jhongzjhong]

Instinct doesn't work in trading if you rely on that as well then if I am going to rate this instinct it will be at 15% helpful to us but we give prior to having own research. Instinct may make a false statement regarding in trading, why we should have to give prior on that. We all know that trading may cause pure luck and not allow others.

[XCANA]

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.

Undoubtedly it seem that OP paid for such advice. A little bit confuse because am not still yet a good trader. Instinct has nothing to do with making more rich; when trading on a positive mindset but trading skills does. As a little trader i am, i ensure to put my skills on work to earn a return from trading.

[arpon11]

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.

Undoubtedly it seem that OP paid for such advice. A little bit confuse because am not still yet a good trader. Instinct has nothing to do with making more rich; when trading on a positive mindset but trading skills does. As a little trader i am, i ensure to put my skills on work to earn a return from trading.

@Xcana, I know you will not come here to read my reply and other people that will make quality posts concerniing the issues of discussion but let me tell you what you me not understand about others and trading.  Trading is a thing of the mind and this is because it deals with emotions,  decisions making and be able to summon courage and buy or invest at the right time.  Your guts instinct is what enabling you to buy or stop trading after analyzing the market using both technical and fundamentals indicators.
I am an experienced traders and I have been to many places in seeking for how to perfect my trading decision. I started trading since 2007 and uptill now I am still trading forex,  stocks and commodities.  I have makes money from trading no doubt but guts instinct is one of the tools that do help my trading decision after proper technical and fundamentals analysis.

[Huskarls]

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, sometimes also besides using technical analysis and fundamentals, trading based on instincts several times I have tried it, the results vary. So I think something like this is more or less like gambling. You just think where the price will go then bet to buy / sell at that price.

[Sebas.tian]

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?

When I was a beginner in crypto, I used to follow my intuition but then I realized that this is what mainly gets me in trouble. Gut instinct is trading with emotions; that is not good for us traders. What we should do is study TA and trade objectively. If possible, use trading bots to maximize profit also to trade without emotions.

[pixie85]

I am following my gut rather than other people and their predictions but it doesn't mean that I'm not reading and analysing what others think. I just don't act on what they are saying but on my own thoughts and it usually works out well.

You said that we shouldn't trust indicators and I agree because they are sometimes telling us different things. You can see a pattern forming on 1h chart and then look at 1 day and see something else. You have to use your head to sort this mess out.

[mrdeposit]

All I can say is that it’s CRAZY if we try to follow our gut instinct or anything as such, it’s something that could create HUGE problem for us. We must work through proper strategy and method, and only in situations where we are stuck, then it make sense to go for gut feeling.

But if you make it a common theory then you are moving towards the worst possible direction. I do use Crypto Trading Tools, which simplifies my way but aside that I have very proper strategy in place.

I agree.It's not bad to follow our gut instinct some time but we should also have our own analytical and fundamental skills that will be the basis of our trading.Otherwise,if you just follow alone what your gut instinct says,you might fall into gambling which has no assurance if you'll just lose or make profit at the end of the day.

Gut instinct is the most appropriate for the unpredictable situation as nowadays. For example, we do not know how this situation will end, but we can instinctively solve the situation. lol

[Vaculin]

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?

When I was a beginner in crypto, I used to follow my intuition but then I realized that this is what mainly gets me in trouble. Gut instinct is trading with emotions; that is not good for us traders. What we should do is study TA and trade objectively. If possible, use trading bots to maximize profit also to trade without emotions.

I believe so. Trying to follow your gut instinct involves your emotions that is not really good for trading. I usually trade through my own research and analysis. I do sometimes follow what my gut instinct says but i also see to it that it will not end up like gambling just like what most of the traders have experienced.