Intuition And The Speculative Trader

By Author: Samantha Dale
Total Articles: 610
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Trader’s intuition is a slippery slope, especially when applied to speculative markets. Experienced day traders lean on intuition when making split-second decisions based on entry and exit of short-term positions. The seasoned trader defaults to “gut feelings” when processing conflicting data. It’s an acquired skill, forged by piles of market analytics and years of market trials.

Inexperienced traders, unable to interpret market subjectivity, confuse those “thoughts and preferences that come to mind quickly and without much reflection” with “Gambler’s Fallacy.” Day trading is speculation, not gambling. And without a disciplined strategy and accrued wisdom, the gambler goes home, broke.

Tsunami-Trade hedges against bad intuition. This proprietary, day trader software provides an objective trading platform designed by market professionals with years of expertise. Intuition, even when exercised by the masters, is subjective. Tsunami-Trade measures the underlying buying and selling pressures of the market in real time, with hard data, leaving subjectivity to the gamblers.

Speculation, investing, ...
... and gambling are three different animals. Forex markets move at blinding speeds. With huge trading volumes, liquid assets, and steep leverage, FX is speculative by nature.
Speculation exchanges financial risk for profit. Investing minimizes risk in an effort to maximize return. And, gamblers – greedy and irrational - bet against the odds. Speculation and active trading are interchangeable, and short-term, high-frequency day trading makes the FX markets sing.

Forex speculation rewards both speed and discipline. Most day traders carry no allegiance for a particular position – it’s all about the next few pips. Getting those pips and getting out fast is the essence of scalping, the industry term for “taking the money and run.” This rapid-fire process demands an even mix of fundamental and technical analyses. How can an average trader keep pace?

Meet TsuBot: your automated trading assistant. Tsunami-Trade designed their sophisticated algorithm to emulate Forex speed, while targeting forex trade signals, and TsuBot is the voice and engineer behind the software. Formulating the ideal price, volume, and momentum for each trade, this trading robot reduces transaction stress and execution delays.

Tsunami-Trade compresses more time by simplifying the trading process. Entire transactions can be executed directly from a laptop. Tsunami-Trade crunches all relevant data into one time frame, one chart, and one monitor, rolling everything into user-friendly price bars. No distracting indicators and multiple sub-graphs. This simple, elegant format encourages high-frequency trading - speculative trading at warp speed.

FX day traders assume their share of market risk. High-margin trading ratios can turn a $1000 deposit into a $100,000 position. Without a risk management strategy, intuition creeps in, and speculation turns into gambling. Day traders move in and out of positions in seconds, making more trades in a day than some traditional stock pickers make in a month. And, at times, quantity supersedes quality – savvy day traders are prepared to lose.

Staying in the game means having risk capital for the next trading session. Don’t depend on intuition, invest in a risk management strategy that minimizes losses and accentuates gains. Tsunami-Trade makes risk management simple. The FX trading system generates a finite stop and exit point for each buy based on a factor of volatility. No trading anxiety necessary.

FX Trading Systems: Are you an Emini trader looking for a successful fx trading system? We offer the best in forex trading systems. If you practice Emini trading, need a trading system, fx trading software or stock trader software, we can help!http://www.tsunami-trade.com