Trading based on intuition. Kurtis Face
There are simply a huge number of trading systems that are used for trading on the stock exchange.
Some of them are striking in their complexity and cumbersomeness, when opening trades requires taking into account the signals of several indicators.
But, despite this, you can also find analysts who claim that you can trade on the stock exchange using intuition.
That is, without using external trading systems, but only your own mind and forecasts based on hunches.
The author of the book proves that not a single mechanical system can compare in efficiency with the human brain, and this statement is also true for other technical analysis strategies .
Traditionally, a brief table of contents of the book:
1. The power of intuition - what is intuition, what is this concept based on, what physical processes in the human brain help make decisions.
2. Why intuition is needed - how this property of the human brain helps to quickly make decisions based on previously accumulated experience. Why intuitive decisions often turn out to be wrong for novice traders.
3. Wrong hemisphere - what approaches are best to use in risk management, how often fear prevents you from concluding profitable deals, where is the limit of acceptable risk.
4. Market structure - what else is needed to become a truly good trader. Patterns and cyclicalities on which you can make money.
5. Train your intuition and trust it - how to develop this feeling through training and how emotions differ from intuition.
6. Secrets of trading - choosing a trading strategy, planning the duration of transactions based on your capabilities, swing trading.
7. Simplicity and speed, become a master - how habit and training helps you become a real master. A few simple tricks that will allow you to achieve profitable trades.
8. Technotraders – computer technologies that help not only speed up the learning process and develop the necessary stock trading skills.
9. The law of balance - how to achieve balance between intellect and intuition when making the right decision.
The book can safely be classified as a reference book; reading it is not only useful, but also interesting, in it you will find almost all the answers to the questions that interest you.