Every once in a while the intuitive part of trading disrupts the technical part of trading.
For a new trader, it’s a strange phenomenon because almost no book or mentor teaches the intuitive part of trading.
A beginner trader will go against intuitive trading because new traders simply don’t recognize what they are not familiar with.
In case you are wondering what the intuitive and technical part of trading means, I will explain.
The technical part of trading:
Have a set of rules you have written down on a notepad, a jotter, a whiteboard, or on your trading wall that you plan to execute on each and every trade
These rules may include:
- Entry/exit rules during a breakout or reversal
- Risk reward ratio rules before taking a trade
- Scaling in/out rules
- The pairs you plan to trade
- Etc
The intuitive part of trading:
This is the part of trading that comes with experience. A new trader has almost zero intuition since he has zero experience in trading
What intuitive trading looks like:
- You are currently on a winning or losing streak, so taking the next trade could either stop your winning streak or worsen your losing streak, so you stop trading.
- The great setup you are planning to trade falls on the New York session so you don’t take the trade because past experiences have thought you not to
- You have 3 great setups in front of you, but you want to settle for just 1 or 2 of those trades, intuition will help you sieve the right trade.
Intuitive trading is not superior to technical trading and technical trading is not superior to intuitive trading. Intuitive trading only makes technical trading more effective or profitable
For traders who are interested in joining our FREE trading group on Telegram, where trade ideas and trade-related topics are discussed, which could assist your trading career while being infected by positive vibes
hit us on Pip Crafters
