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Should You Trade Mechanically or with Discretion? http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! This is a video comparing mechanical trading to discretionary trading. Mechanical trading or system trading is very much a system based trading strategy with clear entry and exit rules. We only open a position if there is a signal to open or close systems. Many traders use mechanical trading as they can easily be backtested and such rule based systems help remove the psychology/emotions in trading. With discretionary trading one can still have rules but how well we follow those rules and signals is up to our own discretion.
