Intuition and Market Bias
I just want to highlight some interesting trading articles that I’ve been perusing this past week.
Van Tharp delves into various forms of intuition that apply to trading. Intuition is something that I am definitely trying to foster. The hard part comes in that it can only be gained via experience, which means that there is no real short cut that can be taken. Tharp also mentions that he has written the foreword for Curtis Faith’s forthcoming book, Trading from Your Gut, due out early next year. I enjoyed Faith’s Way of the Turtle so I’m looking forward to this one.
I’ve also think that there’s a lot of insight to be gleaned from Don Millar’s blog. Definitely one of the better trading bloggers out there. To see what I mean, try some of his recent posts such as The Blue Wall and Keys to the Castle.
I’m definitely on the same page with him when it comes to understanding market bias. I can see where he’s coming from with the outliers, but that key just doesn’t seem to fit my psychological profile. What he advocates is pretty much straight up pyramiding, which I most closely associate with the rules put forward by The Phantom of the Pits.
Related Posts:
- ForexSpirit has a new home
- Sitting on the sidelines
- Goodies Giveaway
- Review of Way of the Turtle
- A little ‘Thank You’
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