When you were learning to drive, do you remember the concentration and effort required to keep the car going straight? How about now? Do you see a difference? I think it is same with trading.
A good part of trading is about making quality decisions and intuition plays a big role in that. Following is a good article on intuition. If you are time pressed skip the introduction part. The interesting part is the conversation with Gary Klein. Link: http://edge.org/conversation/insight
Couple of trading related takeaways I felt from the article are -
- The way firefighters evaluated their options and their sequence in those situations sounds close to the way scalpers/short term traders approach. This seems different from usual tendency of people to maximize outcome by considering all choices. May be this is one reason people with heavier intellectual orientation find scalping difficult.
- Another takeaway I felt closer to trading is the subtle learning happens via repeated exposure by deliberate practice and how it helps in decision making during high pressure situations.
The intuitive mind is a sacred gift and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift – Albert Einstein
