The World Wide Web offers us many possibilities to track, analyze, decide and act upon our hunches and feelings. We no longer need to fly blind when investing and trading. We can use the web to verify if that hunch that we are having does actually got some fundamentals behind to support it or if maybe is just and odd feeling that will not help you much in your trades.
Hunches: pay attention or ignore them?
Although it can be done, it is not that easy to verify your hunches. You’ll have to check the web, certified sources and maybe even as for people you trust, what is their take on this. Maybe it is just you, maybe a close friend is also having the same feeling and that might potentially indicate that something bigger might be coming your way. Sometimes it will be clearer to confirm your hunches and sometimes it won’t.
Play that hunch
Another way to follow your instincts is acting upon it even before you can confirm it. It cannot be done every single time, but one of the first options I check is to find out if I can bet on a hunch of mine in such a way that if I’m wrong, then I will not lose much; but, if I’m right, then I can either add up to this position to make the most of my initial position or either profiting from the first bet itself. This can be achievable with leveraging. Just be aware that if you are not careful, you might lose way more money than you first expected.
Conclusion
Keep an open eye for hunches and trust your instincts. Sure sometimes you will lose, but hunches never come out from nowhere. You might not be able to explain it to someone thoroughly, but that does not mean that you cannot trust it. If you know that you have studied the matter at hand and you have done your homework, then there is no reason to believe in your hunches and later on find out if they were right.
Fernando Brinkerhoff is a long time article writer and trader. He also like to spend some quality time browsing around websites like Leggs Hosiery and Waterproof Tarps