Disliked{quote} MM edge ensures your profitability. I agree, except you can never know the outcome.. Analytical edge determines how profitable you actually are. ==> Can't be true. The problem will always be the same no matter the strategy and how good your edge. 1) Your trade is making money. What do you do? 2) Your trade is losing money. What do you do? Once you are committed anything else is irrelevant. Of course you will say, my strategy says that I will do this when... or I will do that when ... Certainty is for building bridges and cars, certainty...Ignored
I dont agree at all. I KNOW from my own experience that trading in the markets can be as certain as building bridges and cars. This certainty did not make me poor. Quite the opposite actually. if you don't have this certainty in your own trading then I suggest you find it.
MM is the shield which stops the bullets from becoming lethal and this allows you to fight on with your chosen weapons(analytical skills)...
Cheers!
-fighter