201: “Getting serious about part-time trading” – Kris Longmore
Better System Trader
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Part Time Trading - How to Get Edges in a Part Time Trade?
Traders need to have a good am in a mental model and realistic expectations. Short term results are dominated by random, so you just sort of build this discipline to grind out your noisy edges overtime. So the first thing you need is other traders being willing or forced to trade with you either too cheap or too expensive. Without that, you don't have an edge in the first place. A, the otherthing you need is you need to find such an edge, such a situation where thees very little competition. All there's, you know, al there is competition, but the competitionsit isn't great enough that the edge gets arbitraged away.
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