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The big question, what is your trading "edge"?
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I constantly get asked this question on the floor from many traders that trade all different strategies, What is my trading "edge". ?? The fact of the matter is I been trading for almost ten years now and have incorporated several strategies I have learned throughout the years.. tape reading, momentum, technical analysis, and swing trading. I don't have a set "edge" for actually any of the following strategies. What I do have is the adaptability to use all the strategies combined at any given time looking for the most lucrative market opportunity. I think as each trader fine tunes their parameters over time that becomes your "edge". So to say I have an "edge" in any strategy I would I don't. I take what's put on the table and make the best of it.
That's the truth we have trading through many different market conditions using multiple strategies.
I run every morning for about a half hour and do a cross word puzzle before I head to the office. Working out and keeping your mind sharp keeps you focused and feeling good. It's important to maintain a healthy lifestyle as a trader. At the end of the day all you have is your mind that makes you the money, treat it good!
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