The AlphaMind Podcast

#85 Sources of Trading Edge

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Feb 20, 2022
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INSIGHT

Trading Edge Beyond Systems

  • Trading edge is more than the trading system; it includes preparation, awareness, and managing oneself through uncertainty.
  • The story of the trading turtles shows that even with the same system, individual factors cause vastly different results.
INSIGHT

Individualized Edges and Resilience

  • Each trader's edge is unique due to their individual histories and learning.
  • Success depends on managing expectations and having resilience to cope with uncertainty and loss.
ADVICE

Cultivate Deeper Trading Purpose

  • Develop a trading purpose beyond money to build resilience and motivation.
  • Focus on cultivating your trading edges: system, risk process, and self, not just the method.
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