Kardec Trader explains how intuition shapes their trading decisions. After years of reading market tape and price action, they spot opportunities charts don't show clearly. They stress intuition isn't mystical and must pair with solid risk management.
How much does intuition play part of your trade? Intuition, in my opinion plays a big role and there's times like I've taken trades and nothing has really actively shown a trade on the chart. But because I've been doing this for a long period of time, I have built a strong level of intuition with some trades. Not all the time. I'm not a magician where I wake up and I know the market's going to go up or down. No, I'm seeing in some trades you see the tape, you see the action. You've seen it happen in the past. So right away I'm like okay, well I've seen this happen. I have a feeling that we have a strong possibility this may go up. When that does happen I obviously approach the trade with the proper risk management and I execute on it. But once again that takes years and years to develop. So I would rank my intuition as a key component of my trading.
