[Soultrader]

It is very interesting how all of us seem to have a different way of viewing trading. As a purely discretionary trader, my trading is 100% an art off. Whether I enter purely through tape, "tests" of LOD/HOD, "test of previous day high/low, retracements, trendlines, breakouts, etc... all entry criteria boils down to my understanding of short term market direction at that moment in time. I dont follow a mechanical discretionary system. This keeps me flexible in taking a variety of trades based on market condition. Nor am I restricted to just a few setups. But the key here is to really understand the profile of the markets, momentum, relative strength vs weakness, internals, etc...

This is why trading is more of an art form for me. Almost every trade is a "feel"... whether it be through understanding of the tape or through concept trading. Which is why I do not think my style of trading can become automatic like TRex pointed out in applying proven methodologies over and over again without the "feel". Of course I know exactly why I placed the trade and why I would pass on particular trade.

I really think trading success is not dependant on what setup you take. (well... having a basic understanding of trading is enough) What matters the most is your own pyschological and emotional control.