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Do You Trade Like Captain Kirk or Mr. Spock?
Discretionary Traders Vs Systematic Traders In the classic Star Trek movies and television show Captain Kirk believed in his abilities to make the best decisions in the circumstances he found himself in. Mr. Spock contrasted against Kirk’s leadership style by using logic and reason along with probabilities of success to make the best decisions. These two styles are similiar to the very different strategies of traders, some discretionary traders try to get by with their experience and wits, they relay on their ability to make the right decisions in the heat of the trading battle. Mechanical traders do all their work ... (full story)
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- Yao
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