In the first article (read here) we talked about the role that the left hemisphere takes when operating and what function it fulfills. We said that with this hemisphere we conceptualize the market in logical formulations that may or may not be helpful when implementing a commercial operation.
The right hemisphere does not need conceptualizations or pure logic to act. It recognizes situations, moments and capable gaps between operational and operational. We do it without the need of specific reasons or facts in order to act. This is what is known as intuition. Intuition is a mechanism, in this hemisphere, that we can develop as a tool. As a trader more than once he would have led your decisions. That voice that tells you, take this trade, take it, but you are not doing it yet because you cannot find the logical formation that your left hemisphere wants to recognize, and it turns out that it is in the direction that voice in your head indicates you.
So here is our first conflict. How can you trade while you can't agree with yourself? It is not a problem of emotions or discipline (these are other factors), we talk about when you are observing a commercial opportunity and you have it in front of your eyes and, on one hand, your mind is telling you to take it and, on the other, is looking for the reasons and justifications that could validate that action. Which it rarely happens and when it does, because it seems logical or reasonable, many times it’s too late to open the position.
The operator then finds himself in a constant dilemma that prevents him from performing to his full potential, in the best possible way. A good operator or an operator who is really beginning to do his job well, understands, in some way, how the mind works in the brain, in the area of intuition and reasoning, and how it reacts to various scenarios. And he understands that he must have a balance between this intuitive way of acting and logical reasoning. So that before the market you are the most effective.
In the next article we will see how we can reach the consonance of our two hemispheres. How can we complement the logic of the left hemisphere with the intuition of the right hemisphere?
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Alejandro Aristeguieta
CEO in Aristeguieta Capital.
Investment Firm and Financial Analysis.
Wow this is really mind blowing.
I actually go through this scenario when taking a trade position I could find it somehow difficult to balance my logical reasoning.
This article is quite helpful I will do more research on this thanks much @ale.aristeguieta
Hello @mccoy02 , I'm really glad to read that the article has not only been of interest to you but has also helped you. In part three of this topic I hope to give you more tools and a more detailed source of information on this topic.
And if, in fact, it is necessary to understand trade under all the optics that our brain gives us, it cannot be only logical, nor only intuition. I think one of the most important things is that their way of facing the market is not subject to the market meeting certain parameters in order to execute an operation. If so, you will be waiting for a need only yours. The market doesn't even know that you are there. At Trading Capital we talk about reading the market, interpreting the language of price, this is the most important thing.
I hope to see you in the next article. A pleasure and welcome!
@ale.aristeguieta
Thanks much, will wait for your next post thanks again for helpful guide.
Hello @ale.aristeguieta
I didn't know this trading community existed. I'm starting to study Forex, although I know it's different from trading with cryptocurrencies, I think it's interesting to read other points of view regarding the psychology of the trader, this thing that you raise as a kind of permanent indecision or better said a war between both hemispheres brain them, usually is not so easily visualized by people.
Hello @josevas217
welcome to Trading Capital, thank you for participating and I am glad to read that the article has served your study. I believe that each market has a different rhythm and way of expressing itself over time. However, the price is still price and the behavior of the market makers on the different assets is the same.
If you are studying with traditional currency pairs such as EUR / USD or GBP / USD and at some point you decide to trade Crypto such as Bitcoin Futures for example, if you should readjust. I recommend that if you are interested in Crypto and Currencies, you operate in Currencies and make investments in certain projects in the cryptographic world. It will be easier for your mind to work the markets in this way.
80% of the people or spokespersons of this business speak only and exclusively about trading under a clearly logical conception that is based on needs or behavior patterns that the market must meet in order to make a decision. Few take the time to explore and make way for this fundamental part of our mind and functioning. You operate a belief system, you enter the market based on what you believe, if your beliefs are wrong and illusory based on false parameters and not on true behavior, it will be difficult for you to succeed in the market. One must act based on what the price says and expresses, not based on a requirement of a system. Reading the price is not the same as operating under rules that do not exist in the market and that you have only invented or the thousand and one pages of the Internet.
Greetings and welcome to Trading Capital
@ale.aristeguieta
Hello @ale.aristeguieta
Certainly, what they mostly mention is how to trade in a certain market, placing buy or sell orders, and they generally ignore the great detail of what goes on in our minds when we are subjected to what trading in any market entails.
Yes, Cryptography projects are really booming, you hear more and more about it, and you have to incorporate it little by little, study the projects well, to know what you are going to get into. Thank you very much for responding, and for publishing in Project Hope Community
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