I told some friends I do half mechanical, half intuitive trading. So where does my intuition come in? When I decide to enter Kepland at 0.5R risk. And I also told you before, I was staying out and right after that, I re-entered with Kepland. That is again intuition.
What is more mechanical is my risk management and control. I never 'lost it' yet and planned a trade with R>1. In other words, I never 'lost it' and decide to risk 2R on 1 trade. Yet. So I am proud of that consistency.
True, you saw my recent loss of 1.6R for OCBC. I planned for 1R but got 'slippage' and ended with 1.6R. Why did I not just cut at 1R, when I had the chance, and I did have the chance? Because of my intuition, I made up my mind the day before that I will allow some leeway and cut the next day if things are still unfavorable.
I use my intuition in the quiet of the day before market opens and decide there and then what I will do based on snapshots of the market. So I merely execute my plans when the market is active. I do not really make any decisions when the market is open. Those decisions are pre-planned.
But of course my intuition is far from perfect, but it is still based on 2 years of active trading experience.
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