Is APPLIED REALITY TRADING® a mechanical trading system?
It is not a purely mechanical trading system, even though it can be if the trader decides to make it that way. TradersCoach.com® believes successful trading is both an art and a science. Traders need to determine what time frames and markets are the best to trade based on current volatility, knowing when to use a conservative stop vs. an aggressive stop, identify market cycles, and know when it is best to be “Scalp” trader and then know how to identify an emerging trend, using multiple time frames to increase your odds, and “Scaling” in or out of trades are all examples of discretionary decisions based on the trader’s beliefs and judgment. Practice and experience are the best teachers in developing these skills. No mechanical system I know of makes these types of decisions and no purely mechanical trading system really exists where a trader can walk away (mentally) and have it make money for them. Furthermore, as soon as a trader optimizes a mechanical system in any way, desecration is
