[waveslider]

Dogpile,

I think you have a valid idea. I have an entry method that statistically and logically works. I use discretion, looking at various things to bias myself direction-wise, then use a non-quantitative method of exit that is dictated by the market's reaction to my entry.

The point is, you have to have a valid entry that works statistically. Even if just from a risk-reward point of view.

As discretionary traders I think this mechanical entry is an immense value for us because it halts us from opening up positions just any old time the market looks good or bad to us.

I had a tendency to overtrade, still do. By waiting for the method to play out, it increases my discipline.

ws