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Re: Discretion vs Mechanical



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Peter G,

I'm curious as to how you interpret the word discretionary. It seems to me
that if you are successful trading then you aren't just winging it and you
are following a set of rules. I'd like to hear what for you is the
difference between the two.

-----Original Message-----
From: Peter G <ktata@xxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, August 04, 1998 5:10 PM
Subject: GEN: Discretion vs Mechanical


RTs:

I have been exclusively discretionary in both stock and futures. However,
Gwenn Ael Gautier was a strong believer in E.O.D. mechanical systems for
the first years of trading. We talked some before she left the forum.
Anyway, any comments about DISCRETIONARY versus MECHANICAL trading?

PG