In one sentence, what is your edge for 2019?

Discussion in 'Trading' started by tonyf, Feb 13, 2019.

  1. themickey

    themickey

    You never trade?? :wtf:
     
    #11     Feb 13, 2019
  2. schweiz

    schweiz

    No, only when he has an edge. That's a huge difference.
     
    Last edited: Feb 13, 2019
    #12     Feb 13, 2019
    billv, Gedman and Nobert like this.
  3. tomorton

    tomorton

    See a trend, follow it, add to it.
     
    #13     Feb 13, 2019
  4. IAS_LLC

    IAS_LLC

    Risk Management.
     
    #14     Feb 13, 2019
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  5. qlai

    qlai

    Getting and vetting ideas on ET.
     
    #15     Feb 13, 2019
    IAS_LLC likes this.
  6. zdreg

    zdreg

    Better to get the OP's trades in live time and take the other side.:D
     
    #16     Feb 13, 2019
  7. vanzandt

    vanzandt

    A million hours of screen-time, the sting of costly mistakes, and an inextinguishable fire to stay in the game and win everyday.

    "Tis a sharp wit matched with too blunt a will;
    Whose edge hath power to cut,
    ....and whose will... still wills".
    -Shakespeare
     
    #17     Feb 13, 2019
  8. Buy1Sell2

    Buy1Sell2

    Agree. This is the only edge available to the retail trader. Most will not accept this, let alone implement it prudently
     
    #18     Feb 13, 2019
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  9. Specterx

    Specterx

    As a retail trader my edge is that I can get in and out without moving the price more than a few ticks, and therefore trade inside players moving much bigger size.
     
    #19     Feb 13, 2019
  10. Mostly agree, but not entirely.

    "Edge" is when you have an advantage over the play... like counting cards in black jack.... or front-running orders*... or insider information. There are NO legal edges in the markets for us retail screen jockeys. (Discipline and smarts are not market edges. They might be advantages over traders more stupid than others, but that's still not edge over the market.)

    *One exception. That is, if a trader subscribes to "instant news source"... that he can/might act on the news faster than others. That's kind of like front-running orders, but legal... in the sense that any player could have access to instant news if he cared to. However, the notion of "trading instantly on fresh news" has plenty of warts to go along with it.
     
    Last edited: Feb 13, 2019
    #20     Feb 13, 2019
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