nine
Senior member
- Messages
- 2,042
- Likes
- 509
Ahhh ... that makes sense.
What Douglas would call his third phase. In his second phase one learns to follow ones rules 100% so that one learns to trust oneself and overcome the fears that plague most traders. In the third phase, with fears now irrelevant, intuition (or perhaps just finer distinctions such as you describe) can be applied because they are no longer indistinguishable from fear and hope.
I confess to being more of a phase II trader with occasional excursions back into phase I to keep me humble. I look forward to reaching phase III one day.
What Douglas would call his third phase. In his second phase one learns to follow ones rules 100% so that one learns to trust oneself and overcome the fears that plague most traders. In the third phase, with fears now irrelevant, intuition (or perhaps just finer distinctions such as you describe) can be applied because they are no longer indistinguishable from fear and hope.
I confess to being more of a phase II trader with occasional excursions back into phase I to keep me humble. I look forward to reaching phase III one day.