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Tom Dante@Trader_Dante · Nov 12, 2022

My Edge A Thread

15 tweets2 min read♥ 4.2Koriginal

Summary

A trader's edge comes not from identifying good trade levels, but from discipline, emotional control, learning from mistakes, and maintaining a professional mindset while others act on impulse and ego.

Summarized by ThreadOut AI from the full thread. May miss nuance — read the thread below.

  1. #1

    My Edge A Thread

  2. #2

    I don't think my edge lies in the fact I can spot a good level to trade at. This is important. But it is not my edge.

  3. #3

    My edge lies in the fact I can sit on my hands when you can't.

  4. #4

    It lies in the fact I follow my plan, when you plan trades you never execute and execute trades you never planned.

  5. #5

    It lies in the fact I don't take emotions from the last trade into my next one.

  6. #6

    It lies in the fact I understand the markets can remain illogical longer than I can remain solvent.

  7. #7

    It lies in the fact I don't focus on all the prices I could have traded at and only care about what I should do right now.

  8. #8

    It lies in the fact my trading day doesn't end with my last trade. It ends when I've journalled them all and learnt lessons.

  9. #9

    It lies in the fact I study my mistakes when you bury your head in the sand.

  10. #10

    It lies in the fact I want to remember the things you want to forget.

  11. #11

    It lies in the fact when I want to add, you want to take some profit.

  12. #12

    It lies in the fact that I'm fearful when you're confident and confident when you're fearful.

  13. #13

    It lies in the fact I know I'm always one step away from acting like a cunt and you think you're one step away from being someone special.

  14. #14

    It lies in the fact it's my job and your entertainment.

  15. #15

    It lies in all these things and more. This is my edge.