DislikedDamn Josh, I'd love to answer you here , but that questions got so much going on I'm getting a headache reading it. lol
I totally understand why you are asking all that though.
The best answer I can give of myself is to suggest that you filter down to trades that you know are going to be easier to manage. It's pretty easy to watch a trade move against you when you are confident you have chosen the absolute best place to take a punt on. Where there is a good clear run ahead of them. Then you don't have to worry about those other trades that...Ignored
Ideas for these changes came from several traders including, but not limited to James, Jim, Bundy, Ryan, and Mark.
Bundy, you make a good point about discretionary vs. mechanical... the more experience we get, the more 'mechanical' our method becomes despite not changing anything. We become more comfortable finding s/r, understanding pa, and taking profit/loss. Experience certainly helps make quick trading decisions second nature without emotion and to the trader him/herself, seem mechanical... Do you agree with this?
The same active, quick management decisions made instead by a new trader would seem very discretionary however, because the new trader doesn't have the memory/experience to 'back' his decision.
At least this is how I view it... Good stuff... now gimme some tradeable action on these charts...