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otraque

08/05/04 11:35 AM

#279905 RE: Dances-W-waves #279773

yes--that is how i am using the word.
You look at a problem, there be a basket full of methods to apply and then you intuite what means or mixture of means are best in the particular situation.
Newly2b has an excellent quote on the the final phase of a traders learning curve is where intuition becomes akin to a pure, near automatic process.
In Soros biography he speaks of reaching this level, but notes he still always had an escape plan--Soros is very big on escape plans if he decides he was wrong .

In this sense of intuition you have gotten to, by so much experience, to the point where you 'feel' the right decisions because you have come to recognize patterns and what not so you come to decision seemingly unconsciously
This is my goal, i am not there yet---if the speculation, longterm, i am working, succeds, i will have made a giant step forward .
newly2b's post
http://www.investorshub.com/boards/read_msg.asp?message_id=3586999

<<Hi, Lee,

Using your "intuition" means you are an expert, as defined in the four phases of the learning process:

Phase 1, Beginner: You don't know how much you don't know

Phase 2, Intermediate: You realize how much you don't know

Phase 3, Competent: You begin to acquire knowledge and correctly apply it

Phase 4, Expert: You apply your knowledge without consciously thinking about it

You've made it all the way through Phase 4. Congrats!

Newly>>