Discretionary trading back in fashion


Active member
235 11
After a long period of automated strategy dominance I think discretionary trading is coming back to fashion. What do you think? I think that automated failed to deliver and people are going back to traditional methods with discretion.


4 1
Not sure how you come to this conclusion. 80% of the volume in the US and 70% of volume world wide is algorithmic.

In general for anything:
"Algorithms beat individuals about half the time and they match individuals about half time. There are very few examples of people outperforming algorithms in making predictive judgments. So when there’s the possibility of using an algorithm, people should use it. " -- Daniel Kahneman

Most discretionary trading is just poorly defined algorithms anyway.