Is any part of your trading based on intuition?

Quote from Arthur Deco:

And if you cannot through careful reflection and analysis codify that 90%, then it is bullshit. Rules rule.
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Certainly.

Would it be any other way? I think not.

When defining cycles using indicators (meaning a sensitive, articulated and balanced combination), it comes down to handling the cases by codification.

It is more common to use logic (rather than rules), since rules have limitations in their scopes and bounds.

Take the six cases of any two line indicator; there are four of one kind and two of the other kind. Cases emerge from a logic tree.

In the above, my languaging is according to Carnap for logic and Keynes for "kind".

Codifying can be quantified by lines required for the logic.
 
I'm in that learning phase still and sometimes you just have to take a step back and look at the big picture to decide where to go next. See I read into different stuff here and there and I picked up one of those interview style books about quants a while ago... Every chapter is about another person out of MIT or some highly credited school, naturally gifted in the most advanced mathmatics who puts vast amounts of data through the most complex mathmatical algorithims just to get a measly edge on the market. If people like that are having a hard time it makes it seem like anything Frankie Fibbonacci does at home in front of his pc seems as good as looking at the clouds for trading signals. But I know thats not the case and people do make money who arent rocket scientists. I am just curious if those people may or may not be aware that they may have a keen intuition which they take for granted.
 
the time difference between concious analysis and acting on the information one's brain
has processed after staring at charts for x hours, 6 days a week for many years may
for some be described as an intuition/esp response, but that act of making a trade
repeatedly without conciously evaluating the why of it may describe the intuitive trader
 
Ask anyone who trades down in the pit and they'll tell ya they're trading by the seat of their pants, whatever that means. You'll just have to stick around long enough to know what that means. I can assure you that you'll know it when you get there.
 
Even the best trading system wont tell you what will happen next. Intuition is used to fill that gap. If you cant trade off your intuition, you just another analyist looking at charts.
 
The best fighters, fight

Fighters who think while fighting, get their ass kicked

It's all about your experience with reading your enemy

Trading is no different

It becomes instinctual after awhile
 
Quote from mynd66:

I was just wondering this after thinking about how many different styles of trading there are, after knowing that there are people that sit at home and have an edge who trade for a living, after reading about PHd's that are highly educated and advanced and have nearly the same results... for the most part I take it.

How many of you who trade profitably use some sort of intuition that may push you just beyond break even to get that edge? I saw a book out there on this in which I skimmed through the pages quick on my way out the book store but since then its been bugging me. I mean theres got to be something to intuition and "right brain" characteristics... I guess. just wanted to get some feedback on this.
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I make some trades based on intuition, normally in the short/medium-term time horizon. It's kind of tricky especially when it conflicts with your analysis or system. Striking a balance between genuine "intuitive" trade signals, and impulsive hopping in and out on random noise, is not easy.

My rule of thumb is, if I feel really bad about a position, I will get out even if my other "rules" say be long. If the market then strongly confirms my view, I will consider reversing and going with the new move.
 
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