What's the role of intuition in a rules-based plan?
Rules-based traders still report a "feel" for when a setup is right, and the best of them can't fully explain it. Is intuition pattern recognition doing its job — or rules leaking?
Where do you stand?
- whether you trust intuition and when
- how you verify a hunch against your records
- the intuitive call that saved or cost you
The journal guide is how intuition gets audited.
Background: How to keep a trading journal that actually improves your trading
A journal turns a pile of trades into evidence. What to record, the numbers worth calculating and a weekly review routine that takes less than an hour.
What should a trading journal include?
For each trade: the pair, direction, size, entry, stop, target, risk, the reason for the trade, how you felt, the result in money and in R, whether you followed your plan, and chart screenshots.
How do I calculate expectancy?
Multiply your win rate by your average win, then subtract your loss rate multiplied by your average loss. Measured in R, a positive result means the approach has made money per trade on average.
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