Key Components Of Successful Trading (Subjective vs. Objective) - www.tradewithufos.comTrading Based On Facts Or Feelings-We’ve all heard traders who say they get a “gut feeling” about a particular stock, or that a certain trade “looks good” or “feels right”. It’s as if there is a kind of intuition about the markets that one can tune into. And sometimes, this approach might just work! However, this is most probably due to luck and not much else. The simple, and sometimes hard to swallow, fact of the matter is that the market does not care how we feel, think or intuit. I’m sure most of us have been in trades that we were “sure” would work out, then something unexpected happens in the markets, and it goes against us. Or we rule out an opportunity because it “looks bad”, and see that it would
Key Components Of Successful Trading (Subjective vs. Objective) - www.tradewithufos.comTrading Based On Facts Or Feelings-We’ve all heard traders who say they get a “gut feeling” about a particular stock, or that a certain trade “looks good” or “feels right”. It’s as if there is a kind of intuition about the markets that one can tune into. And sometimes, this approach might just work! However, this is most probably due to luck and not much else. The simple, and sometimes hard to swallow, fact of the matter is that the market does not care how we feel, think or intuit. I’m sure most of us have been in trades that we were “sure” would work out, then something unexpected happens in the markets, and it goes against us. Or we rule out an opportunity because it “looks bad”, and see that it would
Key Components Of Successful Trading (Subjective vs. Objective) - www.tradewithufos.comTrading Based On Facts Or Feelings-We’ve all heard traders who say they get a “gut feeling” about a particular stock, or that a certain trade “looks good” or “feels right”. It’s as if there is a kind of intuition about the markets that one can tune into. And sometimes, this approach might just work! However, this is most probably due to luck and not much else. The simple, and sometimes hard to swallow, fact of the matter is that the market does not care how we feel, think or intuit. I’m sure most of us have been in trades that we were “sure” would work out, then something unexpected happens in the markets, and it goes against us. Or we rule out an opportunity because it “looks bad”, and see that it would