An expert trader will make a trade when they have a perceived edge. An ordinary trader will make a trade based on either emotion (I think this stock will go up or down) or a static system (I sell iron condors 5 days out every week).
%% ONE group thinks they know much more than Warren Buffet + CM about bit con LOL .Guess which?? ARE you a trader or investor, one group asked Jim Cramer. Guess which ?? Answer = ''I dont even like the question'' Jim Cramer said [IF you cant hit a bison off running horse , try a .30-06 or .223+ tree stand LOL] We dont worship Dave ramsey, but looks like he is right again = ''more than 2 choices'',
I could't figure out what you were trying to tell us, so I asked chatGPT and this is it's answer: Is chatGPT on the right track?
%% AMAZING, no wonder MSFT paid 1 Billion buck$ into AI /2019 and later. I will not hold that against them, this= [IF you cant hit a bison with an arrow, off a running horse\ try a .30-06 or .223 in a tree stand ] Wise words
Biggest difference can be summed up in two words: Always in. An expert knows you have to be in the market and on the right side of the market for the fractal being traded. Knowledge, skill and experience are required to do this, of course. Non-experts spend most of their time sidelined waiting for "set ups."
I think it clearly boils down to whether you can read the market faster than others. This sounds unintuitive because the market IS the collective movement of others. And yet it's what it is.
Very little difference in their hardware and software and educational background. But the results could be very different. One trader clicks and clicks and money falls from the sky. Another trader clicks and clicks and money drains from his account.