The AlphaMind Podcast is sponsored by The Society of Technical Analysts
Feb. 20, 2022

#85 Sources of Trading Edge

#85 Sources of Trading Edge

When it comes to trading, finding your trading edge and learning how to sharpen your trading edge, are what ultimately define whether you succeed or fail. 

 We believe there are 3 main sources of edge for traders, and that these 3 edges support each other to make each edge more potent and powerful. Developing trading mastery however requires the combining of the edges into one singular sustainable practice that is unique to the trader and which powers their success in the complex, uncertain and challenging situations they face.

In this episode, AlphaMind podcast hosts Steve and Mark discuss this topic and illuminate for listeners how these 3 sources of edge are so vital to success and survival in financial markets.

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AlphaMind: Powering Performance in Global Markets

AlphaMind brings powerful change, growth and development to people and businesses within global markets.

Driven by a deep understanding of how markets work, and how people and businesses function within them, we partner with clients to create personal performance improvements that elevate returns across their trading activities.

Go to the AlphaMind website to know more.

Chapters

01:12 - The Conversation Starts

04:20 - System or Method are not the defining edge

10:07 - Edge is deep and not fixed

12:18 - Trading is a Performance Activity

14:50 - There are 3 keys edges

16:14 - The 2nd Edge is Risk Process

18:46 - Luck happens in trading, accepting that is an edge

23:45 - The zero to one multiplier of the Self Edge

25:11 - Tilt State

26:50 - Ego: The Disease of Me

32:29 - Mood in trading: Negative Neural overload

36:42 - The 3rd Edge – The Self Edge and the ability to be present

39:53 - Day Trading – Overdoing it and losing the focus

41:24 - Self-Awareness and Trading

43:24 - Courage is the Antidote to fear

44:43 - Revisiting the 3 main sources of edge

47:55 - You have to constantly work on it