This Element is an excerpt from Trading from Your Gut: How to Use Right Brain Instinct & Left Brain Smarts to Become a Master Trader (9780137047680) by Curtis Faith. Available in print and digital formats.
Use your brain’s rational side to prepare your intuition--so they can work together to make more winning trades.
Gut intuition is not enough to become a master trader. You also need a mature understanding of the markets’ structure, or as Einstein said, “a feeling for the order lying behind the appearance.” To use intuition, you must tap your left brain’s skill at reasoning to supply the proper framework, built on the repeating market-price behaviors arising from repeated interactions among market participants.
- Title: How Markets Are Structured
- Release date: April 2010
- Publisher(s): PH Professional Business
- ISBN: None