Trust your instincts but also rely on data and analysis from "summary" of How to Day Trade for a Living by Andrew Aziz
When it comes to making trading decisions, it's crucial to strike a balance between trusting your instincts and relying on data and analysis. While your gut feeling can sometimes lead you in the right direction, it's essential to back up your intuition with concrete evidence. Emotions and intuition can cloud your judgment and lead to impulsive decisions that may not always be in your best interest. This is where data and analysis come into play. By thoroughly researching and analyzing the market trends, you can make informed decisions based on facts rather than emotions. Relying solely on your instincts can be risky, as they can be influenced by various external factors such as fear, greed, or even past experiences. In contrast, data and analysis...
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