Sure, unhoned instinct based on emotions like fear will lead to chasing losses and revenge trading which will result in disaster, since it's more about reactingconduirez wrote: ↑Mon Mar 18, 2024 9:59 amI think you guys are getting the terms rational thinking and instinct confused, there is no place for instinct in trading.decomez6 wrote: ↑Mon Mar 18, 2024 7:28 amAgree !Kai wrote: ↑Sun Mar 17, 2024 7:07 pm
By instinct I just mean a culmination of experience, knowledge, discipline etc that is mainly aimed at anticipating opportunities, so can be honed as a skill
If OP wants some actual feedback from others I suggest to put a bit more meat on these bare bones one liner threads
experience with practicing the right things is absolutely the best teacher .
Instinct causes losses in trading, it can drive you to make irresponsible decisions, such as when traders try to recover from lateral losses. Instinct is dangerous and the cool calm trader who follows a method laid out will prevail and those that use instinct will not.
But if it's based off experience then it's basically a subconscious recognition of repeating patterns honed through market cycles, which is more about anticipating
The neuroscience behind it is relatively simple, you may not be aware of it but the brain has seen it all before so is able to recognize patterns, process information and make connections at a subconscious level