What is Discretionary Trading?
Discretionary trading means a human makes each decision in the moment, using judgment, experience, and what they see on the chart rather than a fixed set of coded rules. Two discretionary traders looking at the same chart can reach different conclusions. The approach is flexible, but it is hard to measure and hard to repeat because the rules live in someone's head.
Why Discretionary Trading matters
Knowing a method is discretionary tells you it depends on judgment, which is harder to test and review than a written rule set.
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