Can you trade just on feel

Quote from Drew07:

I've been thinking about the same question for a while but I was a bit hesitant to ask it because I assumed people would write it off as luck or something.
As a newbie I started reading and researching a lot without hands on experience (maybe close to a year now) and I've recently been papertrading successfully...not cleaning up like a pro but not losing my ass like most beginners might. Not that I completely ignore my indicators, but sometimes I'll just feel that something has been running up too high and short it and that something is due for a price increase and go long. I keep tight stops and am very well disciplined which I know contributes some to success but I wonder, is this just luck or is it really possible to "feel" things unless you're a seasoned veteran?


Ditto
 
Soros would get in ASAP and then post-justify the position - speed was the essence. A pain in his back would tell him to get out or reverse.

I don't know him personally, I might add.
 
I read the article about Soros and his back too. Basically, you get instincts -- your subconscious mind is processing all of the information that took years for you to work thru and make sense out of.

For example, I recently started trading futures. Most people would think I'm an idiot because I'm basically only using daily and hourly charts along with various sentiment indicators I track. However, I'm only looking for 1 or 2 big trades a day. I'm still in the early stages of this but I was very good at "forecasting" daily moves in the market so I wanted to see if this would work trading futures. We'll see how it goes but I'm going against a lot of "conventional" wisdom on how you should trade. Nevertheless, I'm a firm believer than "conventional wisdom" is usually wrong and that you have to develop your own way of trading.
 
Quote from Bitstream:

it's kinda realization inside me...a particular telling feel i get when i see a pattern or a movement screaming at me to get in. heart pumps and i feel a sort of urge, pleasurable i may add...and if that feel begins to change when i am in the trade and i get uncomfortable, i get out. when i feel nothing i dont trade, simple as that.

:p :cool: :D
 
I think that everyone is different but look at warren, he has some type of intuition that helps him trade. As he says, "some people were born to help others etc... I was wired to know the market."
 
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