Biofeedback: Searched a bit on the topic. It seems others have been talking about it. http://traderfeed.blogspot.com/2007/03/biofeedback-for-performance-best.html Looks like they've also done some interesting work with ADD/ADHD on the topic. http://www.add-products.com/biofeedback.htm
Along your line of thinking, reminded of Bruce Lee: âYou must be shapeless, formless, like water. When you pour water in a cup, it becomes the cup. When you pour water in a bottle, it becomes the bottle. When you pour water in a teapot, it becomes the teapot. Water can drip and it can crash. Become like water my friend.â Then, how does a trader amplify it?
I like the way some guys are trying to feel for what possibilities are there but we need to have rational, logical, visible, repeatable aspects to this to build confidence. Let's take theMagician's question. If I was a mechanic I might lift the carpets and see a floodwater line or see the car has been in a crash etc. But before I inspect the car I might have a feeling of discomfort about the owner. He seems too shifty and as soon as I met him I didn't trust him. Or it might be the T-shirt with Mad Boy Racing and the can of strong larger in his hands and rubber skid marks leading to where the car is parked. It is said we form an opinion of someone within 10 seconds of meeting them. If we are clever we dig into why that intuition exists. If we are really clever we look well into the offer being made. That was the idea behind Blink thinking (if you missed the earlier discussion read the book Blink (http://www.amazon.com/Blink-The-Pow...TF8&qid=1365227603&sr=8-1&keywords=blink+book) Nice call on oil btw. Let's take that as an example. If we are monitoring the jobless figures going up and production going down, intuition might suggest oil inventories will go up so the shorts on oil are on. Then we see this confirmed... http://article.wn.com/view/2013/04/...ths_as_US_inventories_near_rec/#/related_news Intuition tells us trying to buy oil after this news release isn't clever and loading up on shorts is a good idea. How early we had that intuition depends on how well developed our analysis is. It might have been chart based intuition that got us to research the fundamentals or the other way round. There has to be a basis for intuition to work from or we are becoming mystical and totally subjective. We might only be at the stage where we look at the chart and know there is something there but it is teasing our intuition beyond the tools that we have in our possession to discover why we feel that way.
Back to the topic: currently I don't suggest completely replacing logical/rule based trading with intuition. Quite the opposite: I admit I don't trust my intuition to the degree of using it's calls as entries. Maximum intuition intervention allowed by me is refraining from taking certain trades or taking profits. But even that usually becomes conscious soon and shows some logic behind it. So constructive direction of research IMO is the following: not try to trade based on subliminal calls, but expand your conscious abilities so that you understand more inputs and make those intuitive inputs also conscious. They say we use about 5% of our brain power normally. Some persons using up to 20% are geniuses. Makes sense to me that if we expand our consciousness to what's "under the surface" now we could also trade much better. So bottom line is: we don't rely on subliminal mind/intuition, we study to bring subliminal inputs to the conscious level where we can transform them into logical rules. Similar to how I transform subliminal fears or other issues of my clients into conscious realizations of where the problem really belongs to and finding logical way to cope with it.
MAESTRO, You mentioned previously that you do tests on subject in Toronto, do you test a variety of different types or levels of traders? Also the system mentioned. Can you talk a little of quality of the data feed, if it comes with it ? Thank you. I found (or refound) this BBC Document and thought It maybe of interest, excuse me if it is elementary. At around 15 mins it talks about Prospect theory, I have seen this video before, it may be from this thread http://www.youtube.com/watch?v=cVqVJ0IXi_M The blond girl near 21 mins kinda reminds me of me lol
Recently. I laced a trade that was very well hedged. This meant that I was not really in a position to lose or win. I think hedging takes out a lot of panic and worry. It takes out some of the emotion I find. Interestingly I found that I knew ahead of time that price was surely going to in a certain direction. It may be that the act of hedging is a form of amplifying ones intuition as it numbs emotions.