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Re: The learning cycle for a newbie trader
your edge is merely some TA or other method that increase the odds of a favorable outcome at the entry of a trade.
all down to probabilities
Mine is TA based as are most (there are others tho)
most novice traders problem is not 'edge' based but having the conviction to actually play the edge for good or bad without the associated fears and knowing that over a number of trades the results will be favorable.
Even the simplest systems can make money if the trader is committed to it - trouble is that most are not.
hope this helps
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