Strategies that Give you an Edge !

There’s a phrase that often comes up in discussion on all trading forums, ‘the Holy Grail’. Rather than referring to King Arthur and the quest of his knights, it means, the trading strategy that provides such high odds of profit, that success as a trader is finally guaranteed. When this phrase is used it usually infers naivety on the part of the trader. That is, in the real world there is no trading edge for the retail trader, money is only made by the institutional insiders who can move the markets as they wish.

In this post and others to come I’ll reference this topic of a trading edge and mention which strategies I think are most likely to lead to trading profitability. The suggestions will not represent my special expertise but rather my opinion on who the experts are, and what bits of trading genius they’ve perfected.

One great place to begin your search for the ideal strategy that matches your temperament, is to read Jack Schwager’s ‘Market Wizards’ series. His interviews with the market ‘wizards’ provide fascinating insights into how the minds of truly successful traders work. You will find links to his books in the right column on this site.