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V.16:6 (273-276): Trading And The Senses by Adrienne Laris Toghraie
V.16:6 (273-276): Trading And The Senses by Adrienne Laris Toghraie
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Trading And The Senses by Adrienne Laris Toghraie
Successful trading requires a mind balanced between intellect and intuition. Here are some ideas toward developing a balanced mental approach to trading.
One of the Market Wizards once told me that he covered his walls with commodity bar charts and went over each chart, bar by bar. Then he would study the waves of each market until he knew them so well that someone could bring out a chart and he could tell you which commodity it was from. This exercise allowed him to feel the probability of market movement in the future.
It was not an intellectual understanding that allowed this great trader to predict future market movement, but one stemming from his senses. He truly understood his subject.
Successful trading requires a mind balanced between intellect and intuition. Here are some ideas toward developing a balanced mental approach to trading.
One of the Market Wizards once told me that he covered his walls with commodity bar charts and went over each chart, bar by bar. Then he would study the waves of each market until he knew them so well that someone could bring out a chart and he could tell you which commodity it was from. This exercise allowed him to feel the probability of market movement in the future.
It was not an intellectual understanding that allowed this great trader to predict future market movement, but one stemming from his senses. He truly understood his subject.
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