trading strategy

Discussion in 'Trading' started by eleanorK80, Nov 21, 2023.

  1. eleanorK80

    eleanorK80

    How do you balance the line between trusting your gut instinct and relying on your trading strategy?
     
    murray t turtle likes this.
  2. padutrader

    padutrader

    only listen to your gut when it tells you to go to the toilet
     
    BMK likes this.
  3. tomorton

    tomorton

    Gut instinct comes from unconsciously recognised evidence of some sort. Learn to recognise what makes your gut "instinctively" go a certain way, quantify how reliable it is and if appropriate incorporate it into your strategy.
     
    murray t turtle likes this.
  4. %%
    RECORDING the accuracy rate of your gut could + should help.
    On a short term trend,[counter trend ] gut could help , but that's about simple math as much as any gut.
    Since my gut tries to get me out of a good trend waaaaaaaaaaaaaay to early, i study the trend some more.
    Retailers hope people persist in use of their gut or impulse buys @ cash register rather than a plan or shopping list. LOL:D:D
    SO I make sure my gut is full of plenty of trend study; but some intuition is highly accurate.
     
    HawaiianIceberg likes this.
  5. schizo

    schizo

    I, for one, believe gut feeling (aka intuition) is very important, especially when something doesn't look right.
     
  6. padutrader

    padutrader

    i am very suspicious when something looks too right.

    that is the problem of too much experience.
    and the irony is, it will sometimes work: because enough traders take the set up
     
  7. zghorner

    zghorner

    probably individual but in the typical day to day grind of the markets my gut is wrong most of the time.

    on major move events (covid crash, GME/meme craze) my gut was exceptionally reliable.