
037: Futures Trader 71 – Understanding Areas of Acceptance, Thinking in Probabilities, and Creating a Legacy
Chat With Traders
00:00
The Importance of Learning to Trade
An edge is simply a probability of one thing happening over another. So an edge is as simple as, look, the market has sold off for the last four days. The next day, I'm not going to be aggressive about the selling. That's an edge. And all I have to do is just put that on whenever it shows up indiscriminately. Does that make sense or is that complicated? No, that's good. That's good.
Transcript
Play full episode