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#2 Mental 'Edge' in Trading, with Mark Randall and Steven Goldstein

The AlphaMind Podcast

NOTE

The Importance of Discipline in Trading

Having an edge in trading is crucial for success. Just like in backgammon or poker, in trading, having a strategy that creates positive expectancy is key. This involves knowing when to stay out of the market, applying consistent discipline, and playing to one's advantage. Without this edge, traders are simply paying to lose by not utilizing their strengths or mental models effectively.

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