Do you believe that intuition only comes with many years of experience? It’s a commonly held belief for sure, but the truth is, intuitive decisions are made every day in the real world, sometimes using only minutes or even hours worth of ‘past experiences’ and memories to draw upon. But could this same power be accessed by a trader (me) who has only been trading for 18 months to make snapshot decisions about whether to open a trade or not?
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Every time you make a decision, you are faced with a choice. Should you take your time to review objective information or should you trust your gut and go with your instinct? Well, according to a recent study by Rice University, you should go with your gut…
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Do you have a plan for tomorrow? I don’t mean a trade or anything complex like that; I mean a simple plan. For example, it could be to wake up at 6am, have a shower, get dressed, have some breakfast, travel to work for 8.30 and steal 30 mins of flexi time – that kind of plan. If you can think of a plan, I’d like you to be part of my 2013 trading experiment. All you need to do to take part is answer one simple question: did the plan work out how it was supposed to?
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