Trading based on intuition. Kurtis Face
There are a vast number of trading systems used for stock trading.
Some are astonishingly complex and cumbersome, requiring multiple indicators to be considered before opening a trade.
However, despite this, there are also analysts who claim that trading can be done intuitively.
That is, without using external trading systems, just your own mind and predictions based on intuition.
The author of the book proves that no mechanical system can match the effectiveness of the human brain, and this statement also applies to other technical analysis strategies .
Traditionally, a brief table of contents of the book:
1. The power of intuition – what is intuition, what is the basis of this concept, what physical processes in the human brain help in decision-making.
2. What is intuition for? How does this property of the human brain help us make quick decisions based on prior experience? Why are intuitive decisions often wrong for beginning traders?.
3. Wrong hemisphere – what approaches are best to use in risk management, how often does fear prevent profitable deals, where is the limit of acceptable risk.
4. Market structure – what else is needed to become a truly good trader. Regularities and cyclical patterns that can be used to make money.
5. Train your intuition and trust it – how to develop this sense through training and how emotions differ from intuition.
6. Trading secrets – choosing a trading strategy, planning the duration of trades based on your capabilities, swing trading.
7. Simplicity and speed, become a master – how habit and practice help you become a true master. A few simple techniques that will help you 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.
This book can easily be considered a reference book; reading it is not only useful but also interesting; in it you will find almost all the answers to your questions.
