Part 4 …and?.... Well, that’s it. That’s what I wanted to say. Ok, I guess the next question is whether I have created any system (automated or semi automated) that works. This is where I should add a picture of a young me sitting in my convertible ...

The automated vs. mechanical vs. discretionary trading debate

Part 3 More lessons So, catch 22. My next move was to see how much I could simplify, categorising my human analysis according to “degrees of programmability”, which is the inverse of “degrees of discretionary trading”. For instance, if one rule was: ...

The automated vs. mechanical vs. discretionary trading debate

Part 2 My journey Taking the plunge into automated systems was the start of a long journey. Soon I discovered that simply buying off the shelf automated systems would not work, for a number of reasons we may discuss in other posts. I had to develop ...

The automated vs. mechanical vs. discretionary trading debate

Part 1 Definition and characteristics So, some clarification. I would keep the trading side separate from the investing side (yet another long story.) I should also add that I think there is a significant division between intra – day and daily ...

The automated vs. mechanical vs. discretionary trading debate

Wow, that was quick, forum police. Thank you. I stand correct and I am put back in my place. And to all the people in this great thread I promise not to mention automation and mechanical testing again.

Roadmap - A Way To Read Markets

I am impressed by the “forum policing” applied here at FF. It should be a sign of high standards that new members have to be somehow approved by the authorities. However, their response time resembles soviet era bureaucracy (including the ...

Roadmap - A Way To Read Markets

LauraT, thanks for your prompt reply. Converting our thought process into rules is very difficult indeed. It is mostly related to how sophisticated the methodology is. Yours is quite high on this scale. And it is harder the more experienced you are. ...

Roadmap - A Way To Read Markets

Hi LauraT Hi have re-read your thread (quite a task!). Really good. How can you say that teaching does not come naturally to you? I love price action and discretionary analysis, and I can easily relate to what the way you trade. But I am also ...

Roadmap - A Way To Read Markets

I am very impressed by this thread. So much so that I have decided to get in touch with LauraT and pay my compliments. I am not a contributor to any forum, but I do read some of them from time to time, and this Covid period gave me some leisure ...

Roadmap - A Way To Read Markets