What is our edge?

Bernadette Jiwa wrote in her wonderful book Meaningful, “everything you’re striving for is a by-product of something else – something bigger”.

A traders profit is a by-product of:

  1. Trade management
  2. Trade entries

And it’s in that order. Management of a trade is more important than knowing where, when and how to enter a trade.

A beginner will find this hard to grasp; they will alternatively concentrate all efforts on finding a good trade entry and largely disregard the management of the trade.

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