Can a discretionary trader outperform a system trader ?
Discretionary and system trading are like chalk and cheese there is no comparison as such. In system trading strict discipline is required to follow the trading system, accurate and fast execution no personal decisions and no bias about the news in and out of the markets. In the case of the discretionary trader, everything depends on the trader’s intelligence, his ability to accurately understand the market and his instantaneous decision capability that must factor in the change of price movement and overall market. There is always the chance of inconsistency in his decisions due to many factors. It is not always that a discretionary trader is successful or a winner, but there are few good discretionary traders giving consistently good results. Similarly, a system cannot always be profitable. Markets are always subject to change and only robust systems and consistent research may survive the test of time. So both approaches have there pros and cons. But if the system is designed proper
