7min chapter

Excess Returns  cover image

What Investors Can Learn from a Year-Long Trading Experiment | Brent Donnelly

Excess Returns

CHAPTER

The Edge in Trading

This chapter delves into the concept of 'edge' in trading, particularly within the foreign exchange market, emphasizing both systematic and discretionary approaches. It highlights the significance of understanding market mechanics, cognitive biases, and the importance of clearly defining one’s trading advantage to outperform industry experts.

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