Monday, 14 February 2011

Intuition And Harnessing The ParaBrain


- The act or faculty of knowing or sensing without the use of rational processes; immediate cognition.

When used in regard to trading, I think I would amend the above definition of intuition to include the word 'conscious' so that it becomes "The act or faculty of knowing or sensing without the conscious use of rational processes" because as Mark says, "

for an experienced trader such as yourself who has spent hundreds if not thousands of hours studying figures and watching matches and the markets it is all stored in your subconscious so when you get a feeling of how a game is going to pan out it is in fact your subconscious that has trawled through all the data and is then driving your thought processes."
I was recommended a book a few years ago called "Harnessing The ParaBrain" by Tony Buzan, published in 1977, and I found a copy for £2.99 in a bookshop in Brighton a few years back, but it might have been easier to wait for amazon.co.uk to come along and order it from there! On the back cover it says:
Research shows that many of us use barely 1% of our brain's capacity. All of us have massive intellectual powers at work all the time; but we have learned to access only a tiny portion of that intellect. This enormous untapped potential is what is meant by the ParaBrain - continually at work in parallel with our 'normal' brain.
When you read some of the comments on the forums, it's hard to agree that all of us have "massive intellectual powers" at work, but the author's ideas are backed up by more recent research. The problem is not storing the data, but learning how to access it again.

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