Hi, Had a relative newbie question .... how do you know when you have found an edge? From everything on these forums, it seems that to be a consistently successful trader, you have to have *at least* three things: a) An edge b) Sound money management (minimizing losses, position sizing etc). c) Discipline to execute against your edge while following your money management approach As beginners, we are often missing all three - if not two of these. So: i) How do you know if you are missing an edge, or the discipline? ii) How do you know if you edge is sustainable or just some fleeting luck? Is there anything such as a sustainable edge? iii) As a beginner, starting to paper trade, when should one focus relative to the three? Thanks.