To have edge, you must be trading with conviction. To trade with conviction, you must have a trade system you believe in and trust. Your trade system should be built on what we call your own theory of the market. This is how the market moves, how it reactions, maybe even why it moves and reacts.
Your own theory of the market doesn’t have to make sense to anybody else, i just need to make sense you and provide your edge and conviction. Sure, there are fundamental ways the markets moves and many of how we think, talk, and trade it have already been defined.
This is what we call basic trader knowledge. Seldom is there an edge in that. What we discuss in this episode is to go beyond that. To share that, you have permission to create your own theory of the market. We discuss the why and a bit of how to do that it today’s episode.
