i have been hearing this word from all the experts ,what the hell does it mean?
What is an edge?
- Thread starter padutrader
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An edge is a line segment that joins two vertices.
More on point to your question, in context, an edge is an advantage over the markets or other traders. It is what makes you a profitable trader. The difficult part is finding an edge, creating a plan and trading the plan (read your edge).
An edge could be anything, from a trading methodology to an algorithm.
More on point to your question, in context, an edge is an advantage over the markets or other traders. It is what makes you a profitable trader. The difficult part is finding an edge, creating a plan and trading the plan (read your edge).
An edge could be anything, from a trading methodology to an algorithm.
The Vital Importance Of Defining Your Trading Edge (IYR)
https://www.investopedia.com/articl...tal-importance-defining-your-trading-edge.asp
https://www.investopedia.com/articl...tal-importance-defining-your-trading-edge.asp
Robert Morse
Sponsor
An edge comes from a process you have, to place a bet on an occurrence where you have a higher probability of success than loss. For Blackjack, it is card counting. For trading, it can be anything that works consistently. Most "retail" day traders find this with some type of charting technique. Most banks and institutional find unique data sets to exploit.
Bob
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Edge=advantage
similar: having a "card up your sleeve" or "Bob's your uncle"
In the latter case we are not referring to Mr. Morse, though having him as your uncle would probably be a bonus.
An edge is a high probability competitive advantage derived from backtesting and forward testing.
- Edge is a favorite buzzword among some of the posters on ET.
- It is meaningless.
An edge is a combination of different things that come together to achieve a common goal.. That's why success is hard at first in this world, because you have to master emotions, execution, risk and a lot more. An edge is "Mastery".. It is not a thing, it's a PROCESS.