Poll --- Discretionary Trader or System Trader???

What type of trader are you?

  • Discretionary Trader who uses order book/tape reading to make trading decisions

    Votes: 9 10.5%

  • Discretionary Trader that uses technical analysis to make trading decisions

    Votes: 49 57.0%

  • System Trader who manually enters trades

    Votes: 20 23.3%

  • System Trader who is 100% automated

    Votes: 8 9.3%
  • Total voters
    86
  • Poll closed .
Quote from scalper21:

Setting up a good poll is harder than it looks!
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So, how do I vote for one, two, and three?

Everyone has a system (even the ones who have no clue why they're buying and selling would still be basing decisions on coin flips or voodoo or moon phases or something, so even they would be using a system) So maybe it should be a poll asking who manually enters orders based purely on a mechanical system's rules, who uses technical analysis with discretionary decision making, and who uses pure automated trading systems?

Then there are always the Kudlow and Cramer contrarian traders that you'd have to keep in mind... What would you call them? I mean they're making decisions based on what? Seriously, they're not actually discretionary are they? They only follow one mechanical rule, and that's taking the opposite side of someone else's recommendations... That's not technical, is it?
 
Interesting Poll, Here is my question for non system traders , why don't you believe in systems ?. This might even be a good topic for a new poll.
 
Quote from Murray Ruggiero:

Interesting Poll, Here is my question for non system traders , why don't you believe in systems ?. This might even be a good topic for a new poll.
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Its not a question of not believing in systems at least in my case its simply that I can only figure out how to code a part of what I do. I am thinking about coding that part and then having a manual input to classify the other part and activate only the valid entry conditions and exit conditions. But so far I havent done it.

FWIW I have written many thousands of lines of C and perhaps thousands of lines of easylanguage so its not the coding thats the issue.
 
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