Recent content by NEAsher

If that's the definition of an edge, then I certainly don't have one. Neither do most market participants, I think. I assume the word "tool" in the above quote refers to a powerful computer program; "piece of information" probably refers to inside information; and "capability" seems to mean...

C'mon, guys. Doesn't anyone know what an edge is?

Okay. But what's an edge and how do I get one? Do you have an edge?

Thanks for all the comments guys. Actually, I do have enthusiasm and self-confidence. I thought I was just being realistic. I fully plan to paper trade for a while before placing my first real trade. But enthusiasm and confidence don't necessarily equal success. Aren't there some skills...

Thanks for the replies. I think I can handle the risk inherent to this game, but I would like to know if the deck is stacked against me, so to speak. There is a vast difference between gambling and guessing. If a hot-shot, Princeton-educated engineer who builds computer models in his or her...

Hello... Anyone? I guess what I'm asking is whether an "ordinary" guy should even bother to attempt to trade for a living. Are most successful traders quantitative wunderkinds or engineers or computer programmers? Or, conversely, are any successful traders, let's say, liberal-arts majors...

Hi, guys. I’m a newbie, and this is my first post here. I’ve just been given an offer from a large prop firm, and I’m seriously considering it. I would be trading equities intraday, and I’m told that some experienced guys will be showing me the ropes. I have a fairly small bankroll...

Hi, guys. I’ve just gotten an offer from a large prop firm, and I’m seriously considering it. I would be trading equities intraday, and I’m told that some experienced guys will be showing me the ropes. I have a fairly small bankroll, but the firm is offering heavy leverage. The problem...