Trading is an intuition business

Yes. Rightly Said. Today i just discovered all new behavior pattern in FTSE 100. I could not have discovered that pattern through intuition. It needs experience to discover and then remember those 'human behavior patterns' occurring in the market.


Well said. When i started trading business, i discovered we are born and grown up in a way that we are naturally aligned to failure in trading.

To successful trade, one must unlearn bad things and then relearn the right things.

This is precisely the reason why MBA educated financial analyst are not good traders. They use and keep using left brain analysis while best traders use a combination of both right brain and left brain.

Trading is an art. If you want to become successful in Forex market, you need to have proper knowledge and skills.

I am not trying to discredit you, and I am the type of person who trys to see the good in everyone, but I think forex trading is more than intuition. Its a ready made business model. A turnkey market for people to learn from. You have to try and learn everything you can about what moves the markets in their directions. From the fundamentals, indicators, and price action movements. Do not fight one against the other. Learn as much as you can and never stop learning and growing as a trader.

The market is moving in a certain direction for a reason.Intuition is not a reason to trade but a false approach to a technique that may work for some who can see good trades on the fly. The good trades may have a good track record of success however it is not real trading. Anyone who trades on intuition is not really forex trading. When your really forex trading you don't trade on just intuition. Real forex traders study every possible angle they can in order to maximize the most profit they can. They read up on the fundamentals, try out different indicators, backtest, and use every ounce of knowledge they possess in order to get the most out of every trade.

Intuition can lead to mistakes that may have been proven right if they exhaused every possible resource they had for that trade. Some of the bad trades that were traded on intuition should be looked at and see why the market moved the way it did.

The beauty of forex trading is you never get complacent even if you have been trading for 27 years. Especially when it comes to the fundamentals. Its fun discovering why fundamental news sometimes moves the market and similar fundamental news for the same currency pair (s) does the complete opposite or not move as much.

I am just throwing my opinion out there. But I think forex trading is just to large to put in the box. You always have to stay humble and take those intuition trades to a new level.

Yes you are right. If an individual wants to make money by forex trading, he needs to be highly skilled both technically and psychologically. Otherwise it's not possible to make money here.

Trading is an art. You should have proper knowledge and experience to make money from this market.

In trading a very big market, there's a herd mentality. It's not deterministic, since too many variable left unknown, but there's a pattern that even ai is developed to be bias toward certain behavior.
In that's the other way to use our brain.

it's hard to set our brain to all the pattern. But our brain, with enough exposure to charts of an asset, will have certain bias.

This bias can be in the right direction and the right price, but what is tha chance?

Most of the time it miss.

With enough data you can see your brain bias on certain asset and adjust it price level or direction or both, for better chance.
Just make individual notes on each asset/instrument, and find a function or steps to adjust it. And write it down or automate it with a spreadsheet.

It's better to have other method to weed out certain condition which unworthy of your time. So that the only good chances are left.
Do this with TA(technical analysis) and FA(fundamental analysis)
There's still too many choices even after that.
Now this is the time to use your intuition.

Using intuition exclusively is like shooting a bird by blindly pointing your gun to the sky. Remember, it's mean not to hit anything. It's called warning before actual shot.