Price action does require discretion from the trader
Price action does require discretion from the trader. Some traders can handle it, while other traders need that that kind of mechanical system, otherwise they just don’t feel comfortable. It also depends on your trading personality. So many traders, from an emotional aspect, can’t handle trading. Their emotions are all over the place, and they live and die with every pip move. There is no trading method that will help traders like this. Emotions trump knowledge every time. You could have the trading knowledgeof George Soros, and this doesn’t guarantee you success, because if you break down everytime a trade goes into drawdown, you’ll never have success in the markets. (I’m not describing you. I’m just speaking in general terms.) Sorry, I can’t give you a concrete answer, because it really depends on you.
