Go ahead and read my other comment. I got edge for days bro.
What is the edge in your trade?
- Thread starter ffs1001
- Start date
I have a number of "edges" of varying value. They are not really direct edges over other traders or the market as a whole, but they are edges over poor trading.
1. trade naked
2. use market access allowing long/short without directional restrictions
3. take losses as early as necessary
4. use only high-probability TA set-ups
5. ignore all "opinion" on specific buys/sells
6. be disciplined enough to follow a mechanical strategy using objective TA
7. trade tax-free
1. trade naked
2. use market access allowing long/short without directional restrictions
3. take losses as early as necessary
4. use only high-probability TA set-ups
5. ignore all "opinion" on specific buys/sells
6. be disciplined enough to follow a mechanical strategy using objective TA
7. trade tax-free
S
SPX Blaster
I agree about the stupid arguing going on here. I posted my edge in post in the attachment, but it seemed to get little attention. Looking for SPX to go down till around August 31. Showing my live trade too. Short at 2926.
Never understood the "don't trade with your emotions" rule-of-thumb. I've always made the most money when I'm pissed off and want to kill somebody.
Looks like your prediction may well come true - SPX touched the resistance level at around 2940 and promptly proceeded to fall to 2910.
Back to edge - thanks to all the posters who gave some very insightful and knowledgeable responses. It's a shame that a couple of big egos nearly derailed this thread for a while.
My purpose for starting this thread is to see what others thought edge actually was, and how we could mutually benefit from me. The variety of answers has been enlightening.
Happy trading.
