MemCast
MemCast / episode / insight
#discretionary-trading2#personalized-trading2
Discretionary traders suffer from blind spots: subjectivity, lack of rigor, and insufficient discipline
  • Nang lists three blind spots: (1) Subjectivity – traders rely on “hand‑wavy” intuition; (2) Rigor – insufficient research and testing of entry/exit rules; (3) Discipline – failure to stick to a plan.
  • He argues that these blind spots cause inconsistent performance.
  • Quant traders mitigate these by codifying rules, back‑testing, and automating execution.
  • The contrast explains why some discretionary traders can still be successful if they impose systematic checks.
Rishi NangTitans Of Tomorrow00:11:16

Supporting quotes

Quote
00:11:16
“The second thing is rigor. So when you want to answer one of these questions what do I mean by a trend or how much should I buy? When should I sell? You can be sloppy with that too or you can really dive deep and do a lot of research into the answer to that question.” — Rishi Nang
Quote
00:12:04
“And then I think again discretionary traders expect can end up being a little blind spot.” — Rishi Nang

From this concept

Quant vs. Discretionary: The Art-Science Spectrum

Nang frames quant trading as a blend of scientific implementation and artistic design. He highlights the key blind spots that discretionary traders overlook and the rigor that quant traders must embed.

View full episode →

Similar insights

“Quant trading is a science in implementation but an art in algorithm design”

Rishi NangTitans Of Tomorrow

“Intentionality – defining what you mean by a trend – is the first step to systematic trading”

Rishi NangTitans Of Tomorrow

“ICT is not a single strategy but an algorithmic framework for price action.”

RZTitans Of Tomorrow