The fear of trading edge becoming inefficient?

Discussion in 'Psychology' started by OddTrader, Mar 5, 2008.

  1. I define an edge as:

    1. fearless
    2. no greed
    3. firmly execute the trading plan
    4. no hesitation
    5. confidence
    6. self-trust


    as for what trading signal/setup or anything tip-off (like chart reading/news analysis/tape reading...)should be token to trigger a trade or hold a trade or close a trade is not an edge. if you do not have above 6 traits, you do not have an edge!
     
    #101     Mar 11, 2008
  2. One possibility is without many long time proven Edges, we may never attain all of these:
    1. fearless
    2. "Optimum" greed
    3. firmly execute the trading plan
    4. no hesitation
    5. confidence
    6. self-trust
     
    #102     Mar 11, 2008
  3. there is no such thing as edge or inefficiency
     
    #103     Mar 11, 2008
  4. Probably very true indeed. The thread is now closed. Bye! :D
     
    #104     Mar 11, 2008
  5. LOL! No wonder you believe Hershey's drivel! Did it ever occur to you that, just because the timestamp is a day later, I might not have read your post until then?

     
    #105     Mar 12, 2008