Trust Your Gut

TRUST YOUR GUTThroughout my years trading, I’ve learned many things. In fact, it’s rare that a day goes by without learning something new. Which brings me to my first point; If anyone ever tells you they know everything there is to know about trading stocks, run away from that person as fast as you can!

OK, now that I got that out of the way let’s get back to the purpose of this post. One very important rule I have learned as a Trader is to trust your gut. Now, this rule only applies in specific circumstances. There are times when I have tried to convince myself that my gut wants me to do something. That’s no good! If you have to convince yourself that your gut agrees with a move you want to make in the market, it’s bogus.

The same applies if you have to ask yourself if your gut is telling you to make a move. Seeing a good trade idea and then sitting back and asking yourself if your gut agrees is not the way to go about applying the “trust your gut” rule.

Based on my experience, the only time to truly listen is when a “gut feeling” comes out of nowhere. It just happens…there’s no real explanation. You know it when it occurs, and I highly suggest you don’t ignore it.

That said, please do not add “what does my gut say?” to your pre-trade entry checklist. Also, please do not try to force a gut feeling. Let it come naturally! My objective here is to heighten your senses and hopefully make you more confident in acting those gut feelings when they come.

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