Are You a Discretionary or System Trader?

Discretionary traders like to make their own decisions in real time using the information that is available at the time. System traders like to make their decisions well in advance, and then act upon those decisions (or let a computer program act for them) without any further discussion. Both types of trading can be equally as profitable, but only if you know which type of trader you are and then trade accordingly.

If you do not know what discretionary or system trading are, or if you have not yet decided which type of trader you want to be, the discretionary or system trading article will help you. The article will give you the information you need to understand both types of trading, and will help you choose the type that is most suitable for your personality.

So, either read the article manually and decide for yourself (the discretionary version), or program your computer to read the article and decide for you (the system version) :-).