Realjosh254
New Member
Trading is not an exact science that's why IMO believe it cannot be taught in a class like the usual courses in uni/colleges because you need to have a unique edge. This is why you find successful traders who decide to teach end up having more than 90% of their "students" not being as successful as they are.
An edge is a unique identification of a market inefficiency/efficiency that creates an identifiable result in price.
A strategy is a guideline on how to react to your identified edge.
Having an edge entails deep & unique understanding of a certain market in many perspectives enabling one to pick and choose the relevant knowledge that will allow them to strategically make profitable speculations in a market.
The greatest problem will always be commiting the cardinal sin of trying to 'buy & sell' that which you do not understand and end up blaming everyone and everything (except yourself) when a market makes you pay for your sin.
Trading will never really be about capital or who taught you a specific 'strategy' but rather your willingness to understand whichever market you choose to dip your fingers in and identifying an edge so well that it becomes embeded in your subconscious mind.
An edge is a unique identification of a market inefficiency/efficiency that creates an identifiable result in price.
A strategy is a guideline on how to react to your identified edge.
Having an edge entails deep & unique understanding of a certain market in many perspectives enabling one to pick and choose the relevant knowledge that will allow them to strategically make profitable speculations in a market.
The greatest problem will always be commiting the cardinal sin of trying to 'buy & sell' that which you do not understand and end up blaming everyone and everything (except yourself) when a market makes you pay for your sin.
Trading will never really be about capital or who taught you a specific 'strategy' but rather your willingness to understand whichever market you choose to dip your fingers in and identifying an edge so well that it becomes embeded in your subconscious mind.