Tell us more about your 80/20 Rule of Trading?

Sergeant Posts : 184 Join date : 2022-06-08

Is your approach discretionary or do you utilize mechanical trading systems to help you in your trading? You have an 80/20 rule of trading. Could you tell us a little bit about that? With regard to technical trading which takes up the 80%, are there specific indicators or chart patterns that you look at? Guys, please appreciate this guy is a day trader, meaning he holds and sells positions for very short periods and as such his methodology may be different to others. Like most traders out there I've tried to trade off algorithms and black boxes and I've come to the conclusion that it doesn't work. As such I believe human beings are still the best traders out there. It is as simple as that - what you can't program is the psychology of trading; that's the real art of trading. I believe that 80% of the times markets move due to technicals: