In one sentence, what is your edge for 2019?

[themickey]

Being flat when I have no edge.

You never trade??

 

[schweiz]

You never trade??

No, only when he has an edge. That's a huge difference.

 

[tomorton]

See a trend, follow it, add to it.

 

[IAS_LLC]

Risk Management.

 

[qlai]

Getting and vetting ideas on ET.

 

[zdreg]

My edge is to put you on ignore.

Better to get the OP's trades in live time and take the other side.

 

[vanzandt]

A million hours of screen-time, the sting of costly mistakes, and an inextinguishable fire to stay in the game and win everyday.

"Tis a sharp wit matched with too blunt a will;
Whose edge hath power to cut,
....and whose will... still wills".
-Shakespeare

 

[Buy1Sell2]

Risk Management.

Agree. This is the only edge available to the retail trader. Most will not accept this, let alone implement it prudently

 

[Specterx]

As a retail trader my edge is that I can get in and out without moving the price more than a few ticks, and therefore trade inside players moving much bigger size.

 

[Scataphagos]

Agree. This is the only edge available to the retail trader. Most will not accept this, let alone implement it prudently

Mostly agree, but not entirely.

"Edge" is when you have an advantage over the play... like counting cards in black jack.... or front-running orders*... or insider information. There are NO legal edges in the markets for us retail screen jockeys. (Discipline and smarts are not market edges. They might be advantages over traders more stupid than others, but that's still not edge over the market.)

*One exception. That is, if a trader subscribes to "instant news source"... that he can/might act on the news faster than others. That's kind of like front-running orders, but legal... in the sense that any player could have access to instant news if he cared to. However, the notion of "trading instantly on fresh news" has plenty of warts to go along with it.