Monday, January 14, 2019

Info!! Trading Your Best Determination Making

Why is it that I own got valuable intuitive hunches close markets as well as non close fracking hydraulics or wing fishing?  Not a difficult question:  I own got no experience amongst fracking or wing fishing, but pass easily an sixty minutes or 2 each twenty-four sixty minutes menses reviewing recent markets as well as researching yesteryear markets.  The accumulated experience of the review as well as enquiry creates an extensive database for noticing patterns that would otherwise last hidden.  It's that existent fourth dimension designing recognition that manifests itself equally intuition.  

To educate a keen intuition, nosotros must origin pay a tuition inwards damage of deep immersion, observation, as well as study.  We can't get together the puzzle if nosotros haven't origin gathered the pieces.

I lately had an interesting idea:  What if I made my trading decisions the agency I own got made my best life decisions?

It's tardily for me to seat my best life decisions, from selecting a career to taking certainly jobs to finding the correct spouse, to selecting cats to rescue as well as adopt.  I'm commonly reasonably modest, but inwards those areas I've made approximately vivid decisions.  

What's interesting is that I made those decisions the same way:  I focused on a few of import things as well as thence only pose myself inwards positions of chance as well as waited for the correct situations to acquaint themselves.  The few things I focused upon were the things that brand me autumn inwards love:  factors that are deeply meaningful.  When those appear, I experience an immediate attraction.  I *know* this is the correct choice.  That's the intuition--I've been thence immersed inwards what's of import that I perish a powerful appal when those factors trace up.

When I've made bad decisions, it's been for 1 of 2 reasons:  1) I perish into a pros as well as cons agency as well as start analyzing as well as overanalyzing the choice; or 2) I experience a require to brand an immediate conclusion as well as convey a skillful choice rather than 1 that I autumn inwards honey with.  The origin approach--overanalysis--has led to musical note deaf decisions:  ones that peradventure made feel on paper, but were altogether incorrect for deeply personal reasons.  The 2nd approach--compromise--has led to unfulfilling decisions because the decisions were made out of need, non out of a grounding inwards values.

Every corking conclusion I've made is 1 where I've fallen inwards honey amongst the selected alternative.  It's been the effect of intensive focus on priorities (the tuition) followed yesteryear the feel of those priorities lining upwardly (the intuition).  Every bad conclusion I've made has been made out of insecurity (the require to overanalyze) as well as require (the fright of non making a decision).

So dorsum to the question:  What if I were to brand trading decisions the agency I brand my best life decisions?  What I would produce is focus on a few essentials, stand upwardly back, aspect for those essentials to trace up, as well as thence autumn inwards honey amongst the thought earlier putting it on.  

I tried that this week:  three winning trades, 1 loser.  The winning trades were much larger than the loser.  I traded much less often, but loved the trades when I pose them on.  The losing merchandise turned out to render the information that led to the adjacent winner.  If a merchandise I loved didn't operate out, I figured, peradventure the marketplace seat was entering a novel regime.

Overtrading is taking trades nosotros don't love.  We overanalyze as well as nosotros fright missed opportunity.  We force to detect skillful trades, forgetting that the corking trades come upwardly to us.  I suspect if you lot know how to autumn inwards love--really autumn inwards love--you know what it takes to merchandise well.

Further Reading:  Paying the Tuition for Your Intuition
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