{quote} I do not think my strategy gives me an edge. I can remember where you are right now, looking for edge. I had to stop wasting time coding indicators, trying settings, trying timeframes, backtesting, and start looking at price and how people behave at certain areas on a chart. In short, I actually had to start trading. The day I stopped looking for this "edge" is the day[/highlight]...
Every day, every week, every month, every year. Show up and trade, put in the work that is required. Plain and simple, there is no Edge and if you must...the edge is yourself. Your mindset, your focus, your determination, your eyes to name a few is what will set you apart in this business.
Yes, we could go on to name some others...money management being
but it starts and ends with you. There is no question, nothing to prove or think, its fact, if your profitable with less then a 50% win rate then your risk/money management is on
, but that does not mean thats the only thing making you profitable, you still have to make those trades that are getting you to profitability. Shit...lets just end this right here. I'll give the answer to the challenge. Regardless of outcome, its not going to show or prove that one thing has an edge over the other because its not there. If you have not tackled the mindset it takes to trade you will be right back at the starting line regardless of the trades you are taking and even the money management you are applying wont matter and I say that because I think if you have not tackled your mindset to succeed in this business then you probably have not figured out the risk/money management side either.
Stop looking for an edge and just trade. Trying to look for or define an edge will take you places you dont want to go.
Swing the AXE..HARD w/ Effort, Consistency and Patience
