Dear JK
Thanks for the million trader. But honestly spoken, I am by far not an intuition or gut trader. I may miss understood what you want to say with that.
DanPickUp
Thanks for the million trader. But honestly spoken, I am by far not an intuition or gut trader. I may miss understood what you want to say with that.
DanPickUp
In my understanding the people who are absolutely in sync with market movements at ease are the GUT/Intuition traders taking the person who I met as an example.
Does this mean that he is not doing his TA homework and gathering fundamental news - Nope he does all the required home work/analysis and good money management skills.
He tracks some selected 30 scripts in various sectors and day trades them.
So where that guy successful is he knows when to pick and the toughest and most important is when to exit and I am like Abhimanyu I know where to enter and not to exit twice exited profit position in loss for not having a good exit rule.
If we keep trading few scripts regularly by default the levels its behavior is known easily well before the indicators say.
Like wise by combining market Experience+FA+TA+News and Price action one could definitely predict the market directions at ease.Which no indicator can predict.
That is what I mean gut.
And I bet you and Raunak bhai must be experts in that :thumb: :clapping:
Best Regards,
JK