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Micheal wrote:
- I suspect that Ric was referring to a system trader who blindly follows
the signals given by a 'computer programmed trading system' rather than a
discretionary trader who may follow a set of rules that together form a
'system'.
I would like to insert the notion of standard defenition. in my mind a
discretionary trader uses a "METHOD", and a trader using a strictly defined -
no room for descretion - approach, is one who is using a "STYSTEM".
Perhaps using this terminology could foster a better understanding amongst
those of us involved.
Sincerely,
Kevin Miles
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