Thread by @Singh7575

If ur intuitions r so strong than ur backtested systems

Split ur capital in 2 halves

1st. Should run according to backtested system.

2nd. Should run according to ur intuitions

Make sure u don't mix them up in one account

You will understand why u lose in stockmarkets...

Don't do those things which will eat your peace of mind

Money made by such measures won't even give you satisfaction and happiness

Trading with discretion will simply give you mood swings
Whereas doing systematic trading will give you unexpected profits and faith

System trading is driving a car on a highway following strict rules and not over speeding

Discretionary trading is driving a car in a crowded parts of the city and getting frustrated when stuck in traffic

If you really want to excel in trading

1. Build rules.
2. BackTest the rules for atleast previous 10years data.
3. Think to improve your execution
4. Avoid the noise, have your confidence in your systems.
5. Spend on your infrastructure (computer/internet/backups)

Discretion will simply give you excitement,frustration and help u in riding losses.
Systematic trading will surprise u and help u riding your profit

Any sort of rule build in systematic trading which is broken is a discretion(so before you break that rule do remind yourself)

Note:- Stay humble and speak less and listen more.

Always be ready to learn and never have a conservative thought process.

Open up and discuss. If u don't find relavant person. Talk to urself.

🅺🅽🅾🆆🅻🅴🅳🅶🅴 can be learnt 🆆🅸🆂🅳🅾🅼 can't be learnt