Discretionary vs systematic trading: which one is better?
Discretionary vs systematic trading: which one is better?
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thestrongtrader Trade management is an ART And tbh it's not that easy. Being a discretionary price action based trader, I view risk as dynamic. Meaning it's never fixed. Think about this scenario, had I not exited there what if the trade pulled all the way back to break even? Give back $1500 for the sake of a few points into full target? No thanks. At least for me personally that's not how I like to manage. Some traders are great at management when they build a system behind it. Meaning trailing
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