I often read big boss traders like George Soros trading with intuition. So what is intuition? Yes, intuition is like instinct, reflexively takes certain decisions in trading, whether during entry or closing a position
Then what about us, can we trade with intuition? In my personal opinion I can't. Because for me all decisions in trading must be with analysis, with the trading system, Money Management etc. If by intuition, it is likely that when you lose, you will immediately take revenge, if you get a profit, you become angry and greedy, there will be violations and you will leave the plan.
But how can a big boss trader with intuition be successful? Forget about capital because we are not trading with capital like them. Maybe george soros uses intuition in trading, but what decisions did he make on his own? Turns out no, they are an investment company institution in which of course there is a team of analysts, I think they still use technical analysis, fundamentals, Money Management and so on. So are we going to trade by intuition?
Linkback: https://www.forex.zone/forex-education/29/intuition-in-trading/3909/
