The best traders have a finely tuned ability to sense or “feel” the market and what it might do next. This is often referred to as “gut feeling” and is something I rely heavily on in my trading. In my opinion, every trader needs to develop their trading flair and that is what comes from proper training followed by experience/time spent behind a charting screen. The intuitive trading feeling is something that will continue to develop within you as you gain more and more experience trading the market.
The gut feeling can be better understood by novice traders if we call it trading intuition and foresight. This is just a subconscious intuition and expectation of an event that may be about to happen.
In fact, the repetitive processes and patterns in the market lead to visceral sensations and can cause déjà vu-type experiences. The trader will experience these “hunches” that come to the forefront of his mind and trigger what we call the trader’s “gut feeling”. If you see something often enough, your mind gives you a kind of projected hypothesis about what is about to happen. Obviously, this is a very powerful and important “tool” that you need to develop in order to finally get into the top 10% of successful traders.
Practice helps develop inner flair
A professional sports player has trained hard and as a result, he has become good enough to become a professional. They played all kinds of opponents of all types and styles, and it gave them a gut feeling of what their opponent’s next move was likely to be… an anticipation of their next move. intuitively.
For example, if you play tennis enough times against the same opponent, you will study his game and eventually you won’t even think about it; it will become a gut feeling and you will just anticipate or “feel” their next shot before it happens.
When it comes to trader’s sense, after you master your trading strategy and spend enough time on the screen, you will begin to develop that sense of trading as a result. Then, when you analyze the market, it will become a combination of subconscious yes or no? the mechanism to make a trade or not, and the intuition of what the market might do next. It’s like a tennis player who decides to volley deep on his next shot because he can “feel” what his opponent can do next. There are many other examples of intuition in sports as well as in other fields, but in all cases it only develops after sufficient practice and experience. Raw talent does help, but I believe that with practice and enough screen time, anyone can develop a good trading sense.
Intuition and price action trading
The various price action strategies we employ in trading will eventually become second nature to the experienced trader, and over time the trader’s intuition will help determine “is this trade worth it or not?” Sometimes a trader may not even understand why he is leaning towards one side or another of the market, but this is his subconscious expectation mechanism that influences his decision. This mechanism only really starts to sprout after enough time/screen time in the market.
You may not even realize what is happening when you begin to feel this intuitive trading taking place, but the more and more you expose yourself to charts and price action, the clearer this subconscious “trigger” will become. It won’t happen overnight, it will take training first and then time and market experience, but eventually you will develop this gut feeling by looking at price action on your charts and it will become part of your overall trading strategy. .
There are always two points of view…
You may intuitively feel the market or a particular trade and not even know why; your subconscious mind is sometimes smarter than your conscious mind. So while we may want to go long and see a long signal, the intuition is saying “Maybe this is wrong”… the intuition “sees” something we cannot see… it is a subliminal message, and in such Thus, our subconscious is often more objective than our consciousness.
For example, in the market there are always two views or points of view. One trader sees a chart and thinks it looks bullish, and another sees the same chart and thinks it looks bearish. Thus, if you look at the chart from the other side, as if someone is on the other side of your trade, then this is an objective view of it. However, most of us do not manage to do this very easily, simply from our own conscious thought. Whether we like it or not, we all get overly attached to a particular view of the market from time to time, even when there are good reasons for it to move the other way. It is at such moments that our subconscious intuition can really help us. It can give us a gut warning that something is “wrong” and you can use that feeling to look for reasons why your trade might be a bad idea. For example, if you have a tendency to go long and you only want to go long…how can someone else be reading the same chart and want to go short? Your inner instinct will tell you what to look for.
When a diagram looks long, but you intuitively feel that it does not look right, we cannot see it, but our subconscious is objective … it “looks” at it from the opponent’s side and warns you about it. Look. We may not have seen it initially, but our subconscious sensation enveloped us in a flashing red light. So our subconscious can be objective without our knowledge because it sees a different perspective on a trade based on our previous experience and screen time.
Of course, even in order to start developing your intuitive trading sense, you first need to understand how to read price action on charts. It all starts with the fact that we learn to read the ever-changing price action in the market. Once you do this, screen time will develop your subconscious sense of trading and you will begin to intuitively “feel” the chart. You will not always be right with your intuition, but this is something that will help you a lot and that you need to develop if you want to become a successful trader. To start learning to read and trade price action and eventually develop your trading sense, Click here.