- If you do your homework, you will develop a sense of intuition regarding the market. Intuition evolves from a foundation of long hours of study and work. It wells up from a long period of successful experience, thoughtful research, reflection, and wrestling with ideas, concepts, and markets.
- Traders who trade on impulse are usually ungrounded, very excitable, emotional, and often wrong about their trading decisions. Impulsive traders tend to get carried away by greed and fear.
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