Hmmm... I could take profit for Wilmar now and be green for the month. Or I could ride my profit with Wilmar. Again I used my intuition to make a decision. I decided to ride. I know I said I will like to be green for the month consistently, but things are different each passing day. And in order to grow you need to make actual decisions. You grow with each decision you make and each consequence you face. Do not avoid your trading losses. Face them, cut them, analyse them. Experience will enhance your intuition. It is not sixth sense in that way. It is intuition born of experience.
I have done systems trading in a purely mechanical way before. Believe me, it will not make you grow. You will not grow much in terms of experience. Financially maybe but then systems trading tend to go out of whack once too often. And you find yourself giving it all back to the market. I strongly suspect that is the case with all the system peddlers out there. Hence they need their teaching income to provide emotional security for themselves.
So do make the effort to think and make decisions for yourself. Grow with every trading decision. I never intend my blog to provide timely tips and such. I blog outside office hours because I have a full-time job. I set sms price alerts in cyberquote. And I monitor the market once these alerts are triggered. I use my mobile to buy/sell discreetly. I need my full-time job more than my trading income. I will probably only consider trading full-time when my R grows to at least 3K. R=3K implies I got 3K X 100 = $300,000 lying around somewhere as trading fodder. My ammo. And not tied to a house or for children's needs etc.
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