So I've been traing for about 12 months now and it's been a rough road, but I'm still here and having a great time I feel like my money management has drastically improved and my P&L's are showing it. The probem I'm running into is that I don't have a clearly defined "edge" yet. I trade stocks that i consider overbought/oversold and I also trade the top 10 advance/declining stocks. Basically I'm a discretionary trader. I'm doing ok, but sometimes I feel like I'm placing random trades just because a stock is moving. This is not what professionals do. wan to be abl to improve my trading results, but it's difficult when I'm trading all the sectors. I do keep a detailed journal so that helps chart performance. I guess my question is how do I develop my "edge"? My only edge for the present is my MM which I'm very happy with. I feel like being a Discretionary trader will not get me to the level of trader I plan to be at. I want my methods to be more disciplined. How can I accomplish this? Thanks in advance.
you will get simply gain it wth experience mate as you keep on trading.
one of the most imortant things in trading is patience,
and so everyday you trade and buildup more pateience you are becoming a more skillful trader..