Your latter definition is more formally known as alpha. That's the ability to outperform an index on a risk-adjusted basis. Discipline is a good trait, but you can be disciplined in following the worst trading system ever. Discipline alone will never make anyone profitable. Alpha in Investing: Definition, Formula, Uses (businessinsider.com)
A rare stonk pimp by me a week ago . And pimped multiple times on the way up its $290 now . Yes. 290 . Thats edge, aint it ? Help me out here, genyi fact: no one on this board in 20 years has come even close. except Jack Hershey, my mentor ps, edit $300 print , I sold it all there
This is absolutely the best post I've ever read on this Forum. You need a so-called edge to make money in the markets like you need to be an auto mechanic to drive a car.
335 , sold too soon as expected. congrats to all zero of you who bought dont want to be there for the rugger
discipline is not an edge since you can automate a strategy. unless you trade some subjective approach that depends on random interpretation of data, then ......in that case you're just lucky lol
ps, I knew about this one yesterday at 15 hard work pays off is this edge. 19% for the year ? how about 50% for the day on the bankroll
Downside halt now at 313 I have a long history of being just a little ahead of the move . I see it coming. Just like you . lolololololoolol