A short YouTube clip in which Adrian Reid defines what it means to have a trading "edge": a set of rules which, when applied repeatedly in the market, produce a positive expected return over time. Reid emphasizes that not every trade will win but that a consistent, positive mathematical expectation across repeated application is required to be profitable.
When we talk about having an edge, an edge means you've got rules where if you com. If you applied those rules over and over and over again in the market, you would expect to make money. You're not going to make money on every single trade, but on average, there's a mathematical expectation that you would. You'll be profitable. So that's what an edge is. You have to have a positive edge in order to make money in the markets. So it's. You've got rules. Not all rules work. You need rules that work, and over time, if you keep applying them, then they will make you money. That's what I mean by having an edge.
