my edge is trading catalysts. What might make a stock advance in the near future?? Hmmm... maybe pre-announcements or stock splits? Those two are free...
My apologies if this has already been mentioned. I like Mark Douglas' definition of an edge. "An edge is nothing more than an indication of a higher probability of one thing happening over another". Mark Douglas - Trading In The Zone
That's a statistical use of the word edge. But in markets, there are other kinds of eges including more ''physical'' edges where on player has a distinct advantage over another.
Shhh don't give away the farm. It is interesting to read these edge threads to see who fits into the 10% and who fits into the 90% by the screwed up "edge" definitions they give.
========================= Jr; 1]Study , record trends, daily 2] Profitable trading example; swing /position trading with main trend, occasionaly. 3]Cut back size when trading countertrends, or when losing. 4]One of the best ways to define the main trend is years of observing; or study book, Market Makers Edge ,by Joshua Lukeman, especialy his hunks of daily charts. And like Maverick said ,with all your getting get understanding.