Discretionary and automated trading both take a tremendous amount of discipline.
Although automated trading may be more “hands-off” compared to discretionary trading, both leave a huge impact on the trader’s psychological state and require precise decision making.
In this episode of the Optimus Futures Podcast, we discuss the differences between discretionary and automated trading and why switching from one style to the other may not be as simple as it seems at first glance.
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This material should be viewed as a solicitation for entering into a derivatives transaction. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders. The high degree of leverage that is often obtainable in commodity interest trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. Optimus Futures, LLC is not affiliated with nor does it endorse any trading system, methodologies, newsletter or other similar service. We urge you to conduct your own due diligence.
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