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The problem with most trading systems are that they are trend following systems. The markets trend 30% of the time compared to 70% in a bracket. Thus, systems can produce false signals of a trend development and instead the market can reverse. In discretional trading, you are able to point out retracements (short squeezes for example) which may or may not fuel a new trend. In mechanical trading, it is alot harder to define a new trend from just a retracement.
I trade 100% discretional relying on proven setups that I have crafted over the years. To me pure information is the ability to read tape, price patterns, and market profile. I can not quite rely on signals and technical indicators.
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