Normal
Most breakout systems will have a preponderance of signals, far far more than capital, or the system is designed to trade. Therefore there MUST be discretion on which signals to actually trade.Like any rule based t/a system, the success depends on the trades NOT taken.You cam only be truly mechanical on a single, or limited number of tickers (such as is the case with The Turtles).Show me one trader that, when faced with twenty stocks in their scan, won't try to discretionarily(?) pick the best prospect(s).
Most breakout systems will have a preponderance of signals, far far more than capital, or the system is designed to trade. Therefore there MUST be discretion on which signals to actually trade.
Like any rule based t/a system, the success depends on the trades NOT taken.
You cam only be truly mechanical on a single, or limited number of tickers (such as is the case with The Turtles).
Show me one trader that, when faced with twenty stocks in their scan, won't try to discretionarily(?) pick the best prospect(s).
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