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Posts Made By:
trendisyourfriend
Forum:
Psychology and Money Management
January 7th, 2021, 12:20 PM
Replies:
23
Trading with an edge - what does it mean to you ?
Views:
9,825
Posted By
trendisyourfriend
It's always fun to read our prior thoughts or...
It's always fun to read our prior thoughts or comments. How noob i was in the beginning of this journey. I wanted to add a little something to this thread which i think is relevant for any trader: Do...
Forum:
Psychology and Money Management
September 14th, 2010, 06:39 AM
Replies:
23
Trading with an edge - what does it mean to you ?
Views:
9,825
Posted By
trendisyourfriend
I sometimes trade with other traders using a...
I sometimes trade with other traders using a sharing communication tool and many times two traders can trade in opposite direction as they don't follow the same rational and what i find fascinating...
Forum:
Psychology and Money Management
September 13th, 2010, 08:06 PM
Replies:
23
Trading with an edge - what does it mean to you ?
Views:
9,825
Posted By
trendisyourfriend
You are getting hot here. Did you know that very...
You are getting hot here. Did you know that very few traders know how to find "an indication of a higher probability". Most think in terms of MY edge or HIS/HER edge while there is nothing of that...
Forum:
Psychology and Money Management
September 13th, 2010, 10:42 AM
Replies:
23
Trading with an edge - what does it mean to you ?
Views:
9,825
Posted By
trendisyourfriend
If that's all we needed, trading would be...
If that's all we needed, trading would be somewhat easier. Belief in your system will help but it won't give you an edge. I am sure many gamblers have faith in their system but that does not change...
Forum:
Psychology and Money Management
September 13th, 2010, 09:17 AM
Replies:
23
Trading with an edge - what does it mean to you ?
Views:
9,825
Posted By
trendisyourfriend
itrade2win, That's interesting and i'll...
itrade2win,
That's interesting and i'll check your journal to further understand your thought process meanwhile you did not really give any details about what makes you believe the odds are on...
Forum:
Psychology and Money Management
September 13th, 2010, 06:42 AM
Replies:
23
Trading with an edge - what does it mean to you ?
Views:
9,825
Posted By
trendisyourfriend
Hi itrade2win, I'd be curious to know how you...
Hi itrade2win, I'd be curious to know how you proceed to determine the odds & probability of a trade as basically having the edge means the odds are on your side.
Forum:
Psychology and Money Management
September 12th, 2010, 06:05 PM
Replies:
23
Trading with an edge - what does it mean to you ?
Views:
9,825
Posted By
trendisyourfriend
I understand the concept of risk/reward and what...
I understand the concept of risk/reward and what you mean by "knowing the potential reward" but i never contemplate the reward aspect as a reason to take a trade. As you wrote the reward is just a...
Forum:
Psychology and Money Management
September 12th, 2010, 05:29 PM
Replies:
23
Trading with an edge - what does it mean to you ?
Views:
9,825
Posted By
trendisyourfriend
Mike, a bit of contradiction in your statement,...
Mike, a bit of contradiction in your statement, you wrote: "I define my edge primarily by things other than an entry signal" and then you add "But truly, I think that the experience to know when to...
Forum:
Psychology and Money Management
September 11th, 2010, 08:05 PM
Replies:
23
Trading with an edge - what does it mean to you ?
Views:
9,825
Posted By
trendisyourfriend
Trading with an edge - what does it mean to you ?
Theoretically , having an edge should translate in winning more than losing.
We often hear that trading is 95% psychological and 5% technical. What do you think ? If that would be the case then...
Showing results 1 to 9 of 9
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