What is our edge?

Bernadette Jiwa wrote in her 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. Control 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 mostly disregard the management of the trade.

Published by Day Trader

I flew fast jets for 30 years of my life. I've traded full-time, more or less, for the last ten years, initially from fundamentals and over the last few years as a dedicated day trader. I live on the North Norfolk coast.

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