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In sports, as in the case of Tiger and Jordan, their skills far exceed their rivals which make them the best. However on top of that, they are born with physical talents that most of us can't acquire. This is why even if the average joe train as hard as he could, he would never achieve their...

When all you have left to nitpick is spelling, I think i have made my point. :)

Nobody is saying have this misterious "edge" is a bad thing. If your edge applied to stocks then yes you could instantly become a billionaire. I don't know what this edge is in stocks, but yeah i sure would like to have it. Theres something less misterious though, and thats making money through...

This needs to be quoted again. Sorry I was not able to explain as clearly.

And for the last time, because it is readily available, because I'm only trying to learn right now, and because I am already familiar with a bunch of stocks/setups. Once I get big time and i'm trading million share blocks and i'm moving the indices, ill move on to your beloved futures.

That makes perfect sense. So the guys who got the high score with skill, is that the same as the equities trader barely making a teachers salary? Because thats Mavs point.

This discussion is all semantics and pointless. Whats the point of trading, making money. Skill makes you money. Even you admitted. Point acheived. Who cares if you have an edge or not.

Thank you very much. But again, luck will do me no good. But i get what you are saying. I would love to update you on how I am learning, i think i already wrote previously that since i don't have the necissary skills yet, i probably wont be profitable in 6 months or 12, but I will try my best...

Ok so 90% of the game is skill then. That settles it. I'm still not quite sure what edge means to you, but who needs an edge when 90% is skill.

Ok i agree with you on one thing, we are definitely going in circles. I'm not confusing anything with anything. Let me spell it out. You said one cannot make money in equities, at least not much more than a school teacher. When I brought up examples of successful traders, you talked...

People that have skill may still blowup, but if you are still in danger of blowing up, you are not truely skilled yet. You are not consistent yet. And there are plently of people out there that have the skills to be consistent, and not blow up.

No. True skilled traders do not blow up. You might have to blowup a few times before you actually become skilled though. You know, money management is part of the skill(a big part). Many learn about that and risk management after blowing up, many times, then they become truely, SKILLED. And...

Ok let me clarify. Your edge is your SUPERIOR skill. If you have the same level of skill as everyone else, then you have no edge, no profit. Superior skill, through studying, experience, and preparation is your edge. It is something not everyone has, hence SUPERIOR. This has nothnig to do with...

Ok now we are back to what I was talking about before. "The definition of edge is something one has that others do not have. Not easy replicatable." YEAH. Hence edge = skill. Like someone earlier said, your edge is whats in between your ears. When you are more skilled than the majority...

15 to 20 :1 or "as much as you need" as long as you have a plan and not just gambling.

Ok no where did you say edge was about commissions or cost? Well what in the world is this edge you are talking about then. Your whole point was equities was a bad choice because of the high vig. Thats not talking about cost? Ok so equities trade CAN be profitable... but just not that...

Ok, sorry if I misunderstood you. It sounded like you thought there is no money to be made in equities, since a school teacher would make more, and that the Zangers in the world are products of randomness. When i said "edge", i meant the thing that makes a winning trader. I guess you meant...

And my question is does any edge exist and can i learn it. If its yes, then that is my goal. "Making money" is only a product of this edge/skill, not a goal.

Ok, I'm not sure how your example applies here, unless you are saying all the Zangers in the world have been conning us. I get your point that streaks happen, but do you really think people that profit year after year for 20, 30 years are just on one big streak? Or a big con? I believe skill...

I completely agree with everything you just said. Why not trade futures? Familiarity is the only thing. I have never traded prop but have been a retail trader for years, which is why I am starting with equities. In the future I would be moving into futures I'm sure. One question. Do you think...