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By Adam Milton, About.com Guide to Day Trading

If There Is Any Doubt, Then There Is No Doubt

Sunday December 28, 2008

If there is any doubt, then there is no doubt, means that if your intuition and instincts are telling you that something is not quite right, then it is probably not quite right. This advice may serve you very well in your daily life, but does it serve you well as a trader? The answer is that it depends upon the type of trader that you are (discretionary or system trader), and whether you can tell the difference between intuition and emotion.

Whether you are a discretionary or system trader, you need to know how intuition and instincts affect your trading. My article about trading and intuition will explain which traders should use their intuition and instincts in their trading, and how to tell the difference between good intuition and bad emotions.

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