I like this statement.
So are you stating that the edge is the traders ability to read the market and react and prove to himself he can be profitable?
How can someone copy a trader's edge?
how else would you win... why do the same guys often show up at the final table at the world poker tour..... there is no such thing as 'sitting there' in poker.
you just need to be smarter, more logical, more observant and reach more accurate conclusions than the other guys.... simple as that.
but the implementation is not simple... you need dozens of narrative cycles...
- observe the introduction of the narrative - trade war, oil crisis, election crisis, individual company earning cycles etc;. what stories they push.
- what happened to the prices with these narratives.
- how do these narratives play out, and how do they close it out... what happens to the price after the narrative is finished?
practice practice... in the beginning you'd have no clue.... gradually you feel a pattern but your conclusions often are wrong... more practice, you get more of them correct, your belief system is confirmed time and again, you feel more confident in your own reading skills.... and so on.
years later you feel like you are almost a fly on the wall in the secret meeting room of my pro boys...... well not quite, but close enough to make some money.
