Edge, Not Direction Is The Basis For Strategy

Oft times I am asked where a particular currency is headed. My usual answer – I am a short term trader and have little grasp on forecasting currency direction. Some are smarter and ask whether they should buy or sell a particular currency. My reply – both are acceptable, insofar as they have identified a buy edge or sell edge […]

Still living in the past

In 2012, in one writing blitz I wrote a 65 pager for posterity,… here’s page 1. I hope it is illuminating to you as it is still to me. “Notes to Trading (for the average Joe) A trading system is merely a systematic approach towards the market place. A trading system with an edge is one that favors the probability […]