Hi, I'm Chris Capre, founder of 2ndSkiesForex. I'm a verified profitable trader and trading mentor. As a professional trader, I specialize in trading Price Action and the Ichimoku cloud. As a trading mentor, I have one goal: to change the way you think, trade and perform using 18 years of trading experience and cutting edge neuroscience to wire your brain for successful trading. Want to improve your trading edge and mindset? Check out my trading courses here.
I recently had a really good Q&A session with a student in my price action course, who had asked a really important question. He was having a hard time discerning when to follow the rules to develop consistency in their forex trading, while having flexibility to ‘adjust‘ the rules in the right circumstances.
This is an absolutely fantastic question, and an important one for sure. Thus, I decided to write a two-part article on this subject, discussing the differences, advantages and disadvantages of rule based systems vs. discretionary systems.
In today’s article, I will introduce the student’s question, then share my response, what I see and why, along with a few added comments. In the companion article, I …... Keep reading