
Genuine question – if you have a real strategy let's say. Some kind of edge.
Say your Expected Value is positive. Congrats, you are in the top 1% of traders (the ones who don't lose money).
If your edge is based on your intuition, it isn't a real edge. Your emotions and vibes will change from day to day. Empirically, you don't even have a real edge – you are just getting lucky.
If your edge is based on actual rules, real market phenomena – then you can write those rules down. You can code up a backtest with those rules and see if the edge is real, or if you're getting lucky, or both.
So in either scenario, discretion is either a poor proxy for a rules-based system, or just luck disguised as trading acumen.
Who still trades with discretion
byu/Impressive-Bottle229 inoptions
Posted by Impressive-Bottle229
4 Comments
Cool story bro.
Rather be lucky than good
What’s your P&L?
Which AI did you use to write this? My bet is with ChatGPT but I’m not ruling out Gemini