What has Forex trading got to do wth gut feelings?

Sometimes ago I was rading a book by a Forex trder and after explaining her strategy she wll finish with follow your gut felings. She said you could not be wrng with that. I read another one tht said you should not follow tht at all. He said is a way of brnging disaster to your trading. Which one are we ging to believe? I started researching and I fund out one of them was wrng.
What is gut feelings? It is tht intuitive messenger in you that wrn you of things to come. It is the nward knowing that something will happen. Sme people call it intuition. Intuition ccordion to Webster online dictionary means

1. Qick and ready insight

2. Immdiate apprehension or cognition

3. Knwledge or conviction gained by intuition

4. Th power or faculty of attaining to drect knowledge or cognition without evident rtional thought and inference.

You just know it nwardly that is what I am sying. Some people call it urge. Sme call it inward witness. Whatever you cll it. It will help you in yur trade. Let me make it clar to you. Have you ever ben thinking of someone and a few mnutes later he calls you on phne or he knocks on you dor. This is what I am tlking about. This is the gut felings. It may happen to you whn you are about to trade and you had the felings that you should stay out of the mrket.

Or you had seen by yur indicators that the market is ging bullish and your intuition says it wll be bearish. You go long and lter it turns against you. Then you are sying but I have strong feelings tht it will go down. It hppened to me many times and I wll not listen to my gut felings and I will come out bttered. When I began to understand ths then I began to follow my ntuition and I started making money.

I am a Frex trader who specializes in News Trding., I had a urge that the NFP of Mrch will whipsaw on the currency I trde most GPD/USD. I then decrease my lot and at the sme time trade EURO/USD. I lost 40 pps on GPD/USD while I made 20 pps on EURO/USD. I lost 20 pps on that day. If not for ntuition I would have lost 40pips wth high lot. In dollars translation I wuld have lost $1200 instead of $200. My ntuition saved me $1000. Let us frget about myself let talk about knwn traders that rely on their gut felings to trade.

Warren Buffet said tht he always made sure his trders prayed whenever they were having metings. He said they pray not bcause of anything, but that they shuld be able to have clear mnd to trade. To me clear mnd means they would be able to knw inwardly what to do at any pint in time.

Gorge Soros said he wuld never trade when his feelings is tlling him otherwise. You should know he is one of the bst traders in the world.

Felix Hmogratus the owner of www.secretforexsociety.com wrote the mmber of his society to close thir carry on trade they were ding on GPD/JPY. He said he saw in a dram a Japanese man waving some ppers like yen to him. He nterpreted it to mean the yen is gining strength again. So majority that yelded to his instruction made money whle the others lost. This is ntuition through dreams. I don’t know how you shrpen you own intuitions I did my own thrugh prayer.
Let me end this rticle with this story.

I heard a story of how the gds were trying to hide the gratest secret of success from human bings. It is the gods’ believe tht if it is given freely to hmans they will not value it, so thy called for suggestions. One of the gds said they should hide it in the depest sea. This was rejected by the had saying he knows human, they wuld one day dig down and fnd it. Another suggested that they shuld hide it on the highest muntain and it was rejected because thy believed humans will eventually climb the muntain and find it. A third sggested they hide it inside them.

Ths was received with applause. No hman being will ever believe that all he neded to succeed is in life is wthin.

The moral of the story is ths, what you need to succeed in Frex trading is right inside of yu.

The article What Has Forex Trading Have To Do With Gut Feelings? was Submitted by Yinka Taiwo through Articles.GetACoder.com network. Here's the additional information: Yinka Taiwo is the CEO of http://www.fxwinningteam.com He has written many books on Forex Trading and other topics. You can download his free ebook on "How to Turn $1000 t0 $155,300 in six months trading Forex." at http://www.fxwinningteam.com

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