What defines an "Edge".

Discussion in 'Trading' started by redbaron1981, Mar 29, 2015.

  1. SunTrader

    SunTrader

    What trades in a pit anymore???
     
    #141     Nov 30, 2016
  2. algofy

    algofy

    Very little.
     
    #142     Nov 30, 2016
  3. Methodology from the pit can be coded into algo..
     
    #143     Nov 30, 2016
  4. SunTrader

    SunTrader

    I think I will follow what the pit traders did when the pits closed. Adjust/adapt to what is happening on the screen.
     
    #144     Dec 1, 2016
  5. @SunTrader pit traders tried to adapt to the screens as this was the only business they knew. Most tried very hard and most failed. It's just because the nature of the "game" changed so much, that adoption required a whole new skill set and a very different psychology to accompany that, and that was not conducive with most. A few survived; the rest dropped off.

    The below documentary is an interesting one regarding the emergence of electronic trading.

     
    #145     Dec 2, 2016
  6. SunTrader

    SunTrader

    Source?
     
    #146     Dec 2, 2016
  7. You have zero edge , unless you have a mental edge .All your illusionary edges are worth zero , if you can't execute your edge.

     
    #147     Dec 10, 2016
    Alpha Trader likes this.
  8. SunTrader

    SunTrader

    Baaaaarilliant.

    Having an edge is ... executing it. Otherwise you don't have one.
     
    #148     Dec 10, 2016
    lawrence-lugar likes this.
  9. living on the edge.jpg
     
    #149     Dec 12, 2016