Searching for Edge or Improvement

Many accounts went to heaven today
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4.50 now. much losing
 
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I ain't Trump. I'm gonna' sit on a beach earning 3 percent on T-bills.
That's Ok, the shower under the stars don't need guilding to make it freakin awesome.
Plus that leaves more loot from that 3,000,000 share trade for hand-carved teakwood toothpicks for your cookouts.
 
(1) Find (and understand) your edge; (2) improve exploitation of that edge

I think quantifying/understanding your edge may prove illusive!
As far as I'm concerned, no one has edge. They like to throw around that buzzword...like they have some kind of hacking code to an ATM machine, but they have nothing. They are just hoping and praying they have more positives than negatives in the end tally.
 
As far as I'm concerned, no one has edge. They like to throw around that buzzword...like they have some kind of hacking code to an ATM machine, but they have nothing. They are just hoping and praying they have more positives than negatives in the end tally.
I think some legitimate edges exist and have existed...like options traders back in the day that could exploit pricing discrepancies...but I agree with you for the most part, "edge" seems to be pretty subjective and some people are calling things like trading support and resistance as their "edge".
 
Dead dead wrong,and I would prove it with my PnL for the right wager..

You are correct that “edges” have literally vaporized over the years..


As far as I'm concerned, no one has edge. They like to throw around that buzzword...like they have some kind of hacking code to an ATM machine, but they have nothing. They are just hoping and praying they have more positives than negatives in the end tally.
 
Dead dead wrong,and I would prove it with my PnL for the right wager..

The small man feels the need to wager, bet, be boastful and prideful against everyone else. Your only competitor should be against yourself.

But out of curiosity, since you brought it up....what do you generate, on average, from the market in terms of % returns and dollar returns per day/week/month/year?
 
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