Trusting Your Gut as a Trader is Tough

When it comes to technical analysis and trading the idea of “trusting your gut” actually goes against all the rules.
Indicators and Patterns
Generally decisions are determined by the information a price chart and the indicators are giving you.  Yes, there is interpretation in that, but usually you don’t go on a feeling.
However, maybe that “gut feeling” is something that is developed after many years of actively investing.
I get that gut feeling at times and it’s usually goes against everything that the chart is telling me.
The chart of litecoin in this post is an example.  My gut was telling me to sell

About the author: TIMM Trader
Uniting Experts & Novices for Mutual Profit!

Add your Scripsio!

Join Scripsio and write what you write!
Be a part of the Scripsio community. Share what you have written.

Comments

No comments yet