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Old 10-03-2006, 03:18 AM
chaostrader chaostrader is offline
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Re: System trading vs discretional trading

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Discretional Trading is what seperates a good trader from the rest. A feel for the markets, an eye for a trade, all of these come into play.

System Trading can be useful and very profitable although in the past I always found myself adapting my "system" as I went on. Thats the problem with systems, you always feel you can improve them.
Well said. Traders with a good feel of the markets will always be above other traders who rely on signals but never have a feel for the markets.

A batter with a good eye for the ball is a much better player than a .250 slugger. Just read Money Ball.

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