Trading with objective/subjective choices

[HobbyTrading]

Hey guys, I was wondering if your trading decisions are based on objective and/or subjective decisions. For example, if a stock became bullish would you choose to buy based on what your indicators are telling you, or would you buy based on your own opinion as to where it's heading.

It's hard to completely rely on just indicators for making a decision as they aren't very accurate. On the other hand, your opinion doesn't really mean anything. I guess that being stuck in analysis paralysis doesn't help either, but at the end of the day the direction that you choose HAS to be determined by something, whether it's through external information or an internal belief.

Would love to hear your thoughts.

I have fully automated my trading. Other than having fixed the trading rules in software am I not involved in any of the buying/selling activities. All these activities follow the same rules.
@gar16ald1 Does this make my trading fully objective? Or does it have implicit subjectivity due to the fact that I have set the trading rules?

 

[tomorton]

I have fully automated my trading. Other than having fixed the trading rules in software am I not involved in any of the buying/selling activities. All these activities follow the same rules.
@gar16ald1 Does this make my trading fully objective? Or does it have implicit subjectivity due to the fact that I have set the trading rules?

One advantage of your approach is that in a year or two if you ever need to review the trades you've done, it will be very clear why you took them where and when you did. This can certainly help strategy development and improved TA along the correct lines.