Ditto. The entire notion of "edge" is false... there is no such thing (legal) as "edge on the market".
Good Evening Scataphagos, Correct. Trading Edge is just keep traders over working like monkeys staying at small size their entire life searching for bullshit trading Edge. Not me, I quit looking for trading edge. Waste of time. I guess trade and do the best I can with the resources I have.
Simple are you simply doubling down on losing trades and wait for V recovery? All the best Take day job to double down
IMO: Duration of edge is inversely proportional to number people (more like amount of money) pursuing it! [edge could be exploitable pattern, or exploitable statistic]
Good Morning traider, What does doubling down on losing trades mean? Please explain. What does wait for V recovery mean? Please explain. What do you mean by Take day job to double down? Please explain
No... you can put the odds in your favor by what you know and how you act. That may be an edge over some other trader not as smart as you, but that's not edge on the market. A genuine edge would be like insider info or front-running trades.
AGREE. Traders keep talking about trading edge, trading edge, trading edge. Bullshit. I dare a trader to show me a trading edge that is Guaranteed to make me $100K in a month? There is none. It is All a lie. Algos, trading edge. A big time lie. Trading Edge is a lie. The only trading edge is best guess and try best to get rich and retire. Insider trading is the only trading edge.
Hello 2rosy, Depends on your risk vs reward each time. Guess and scale and hurry up. The truth hurts, but it is what it is. Guess and scale and hurry up.