[wrbtrader]

Originally Posted by joshdance »

...If a setup is 100% definable, if can be programmed and is not subject to discretion in execution. Give me an example of a 100% definable setup that cannot be programmed (just make one up, I don't need anyone's), please, I would love to see it...

Discretionary trader with a 100% definable trade method is different than a mechanical trader with a 100% definable trade system. The former does not use codes because the trader depends on an "analysis process" to ensure particular situations are in place whereas the latter does use programmable codes.

A discretionary trader may include 100% definable global event or key market event that must be in place to validate any trade signals he/she gets. Simply, if the event doesn't occur...the trade signal is then ignored. Simply, I don't think you can program the "analysis process" of some successful discretionary traders unless you're only making reference to the trade signal itself and not in reference tot he "analysis process" that must occur prior to executing or ignoring a particular trade signal.

Yet, I'm not a programmer or quant person. Thus, if you say such is possible via my example above...I would love to see a particular program code example of such because that would also imply you should be able to program a robot to have the same "human reactions" whenever a specific definable situation has occurred.

My point, this is the same reasons why two discretionary traders using the exact same 100% definable trade method will have different trade results as shown in countless of threads at any trading forum whenever someone shares a clearly definable trade method.

We just react differently when in the exact same 100% definable situation...that's just human nature.