Traders Laboratory - View Single Post - Death of Discretionary Traders??
View Single Post
  #7 (permalink)  
Old 06-15-2007, 08:46 AM
TinGull's Avatar
TinGull TinGull is offline
TinGull has no status.

Trader Specs
 
Join Date: Oct 2006
Location: Stockton Springs, Maine
Posts: 1,469
Thanks: 0
Thanked 15 Times in 7 Posts
Send a message via AIM to TinGull
Re: Death of Discretionary Traders??

Quote:
View Post
the market assimilates it and make it stop becoming profitable so there's constant optimizing and re-optimizing and new strategy out in the market.
Exactly. There is always going to be a human mind behind any system. Wherever there's a human mind, there's always room for error, and where there's room for error, there's room for a discretionary trader to make money. There will always be a market for the discretionary trader. Greater volatility brings greater profits for the day trader, IMO.

Reply With Quote