Welcome to my trading journal! A place where I share my Psychology, Money Management & Trading system on trading shares in the Singapore Stock Market. Fellow shares enthusiasts are welcomed to share thoughts too. I hope my posts will be educational to you in your quest to growmoney. I can be reached at eehwa.ng@gmail.com outside of the blog.
Wednesday, September 13, 2006
Gut Feel in Trading
Gut feel is actually memories of but you are unaware of these memories of past patterns in price actions and charts. Consciously you are not aware. So whenever a similar pattern occurs, you have a feel, this is gut feel. Gut feel is not emotional trading. The latter refers to making decisions based on hope, greed and fear.