What is an edge?

[murray t turtle]

Agree, but it's still not an edge on the market... just on other traders.... who are neither as smart nor a disciplined as you.

Making money in the market is not quite the same as "doing better than other traders".

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One of the best reads on an edge is named = Market Makers Edge by MS ,market maker Joshau Lukeman.And its much , much more than making money on the bid /ask. I ignore most of the outdated fractions, in that book -except 1/2[ 1/2 or 50 % seems still helpful sometimes].

 

[Scataphagos]

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One of the best reads on an edge is named = Market Makers Edge by MS ,market maker Joshau Lukeman.And its much , much more than making money on the bid /ask. I ignore most of the outdated fractions, in that book -except 1/2[ 1/2 or 50 % seems still helpful sometimes].

Market Makers have an edge... don't they need it to be in business? Not something we retail screen jockeys can work for ourselves.

 

[murray t turtle]

Market Makers have an edge... don't they need it to be in business? Not something we retail screen jockeys can work for ourselves.

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Exactly+ he has much better stuff in that one than bid/ask profit.