Ok Ok what edge

jond83 · Jul 13, 2005

my edge is trading catalysts.
What might make a stock advance in the near future??
Hmmm... maybe pre-announcements or stock splits?
Those two are free...

chs245 · Jul 13, 2005

Quote from jond83:

my edge is trading catalysts.
What might make a stock advance in the near future??
Hmmm... maybe pre-announcements or stock splits?
Those two are free...

Interesting.
How do you anticipate pre-announcements ?

OLiver

wareco · Jul 13, 2005

My apologies if this has already been mentioned. I like Mark Douglas' definition of an edge. "An edge is nothing more than an indication of a higher probability of one thing happening over another".

Mark Douglas - Trading In The Zone

risktaker · Jul 13, 2005

That's a statistical use of the word edge. But in markets, there are other kinds of eges including more ''physical'' edges where on player has a distinct advantage over another.

Quote from wareco:

My apologies if this has already been mentioned. I like Mark Douglas' definition of an edge. "An edge is nothing more than an indication of a higher probability of one thing happening over another".

Mark Douglas - Trading In The Zone

wareco · Jul 13, 2005

Quote from risktaker:

That's a statistical use of the word edge. But in markets, there are other kinds of eges including more ''physical'' edges where on player has a distinct advantage over another.

And an example would be what?

talontrading · Jul 13, 2005

Quote from Vince1:

To me, having an edge is being creative somewhere. It can be looking for intraday patterns on a 45-minute timeframe (I don't), or finding micro rarely-occurring patterns on market profile charts (hum), anything. Reading as many trading books as you can and watching the market with some regularity, and you almost have to come up with something++

No.

talontrading · Jul 13, 2005

Quote from Alexis:

an edge is a statistical advantage on he market

Yes.

pipscooper · Jul 13, 2005

Quote from ig0r:

lol you guys are all so silly. a trade with real edge is one where you are taking advantage of a mispricing in the market which is usually gone in just a few seconds. markets are not efficient, but traders like me make them more efficient.

Shhh don't give away the farm. It is interesting to read these edge threads to see who fits into the 10% and who fits into the 90% by the screwed up "edge" definitions they give.

murray t turtle · Jul 13, 2005

Quote from jrlvnv:

I keep hearing this. In order to make money you have to have a edge. Well sounds logical but never heard anyone talking on what there edge is. So does anyone care to explain or give detail on how they feel they have a edge or what there edge is? Thanks to all that respond

J

=========================
Jr;

1]Study , record trends, daily

2] Profitable trading example;
swing /position trading with main trend, occasionaly.

3]Cut back size when trading countertrends, or when losing.

4]One of the best ways to define the main trend is years of observing;
or study book, Market Makers Edge ,by Joshua Lukeman,
especialy his hunks of daily charts.

And like Maverick said ,with all your getting get understanding.

illiquid · Jul 13, 2005

Quote from ig0r:

lol you guys are all so silly. a trade with real edge is one where you are taking advantage of a mispricing in the market which is usually gone in just a few seconds. markets are not efficient, but traders like me make them more efficient.

Why just a few seconds? Why not a few weeks? Don't you just love riding liquidations?