Daytrading was the best and the worst job ever. So many people try it thinking they have an edge. It's almost impossible to have an edge.
I had a tiny tiny edge for a short time when I programmed software to find statistical anomalies in the market. This worked and probably still works.
There are other edges of course. But it's a zero sum game. Millions of other traders are trying to find an edge. Some of them, right now, are finding and edge to trade the exact opposite direction you trade.
I had a tiny tiny edge for a short time when I programmed software to find statistical anomalies in the market. This worked and probably still works.
There are other edges of course. But it's a zero sum game. Millions of other traders are trying to find an edge. Some of them, right now, are finding and edge to trade the exact opposite direction you trade.
1. No outcome is certain.
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You could be healthy all your life and drink your vegetables and exercise and reduce stress, and a year later you could be dead from cancer.
You’d have much less stress if you let go of trying to predict the future.
You can always seek to increase the odds in your favor. if I don’t jump off bridges, for instance, it’s more likely I’ll be alive a year from now. But certainly a path to unhappiness is thinking the future can be predicted and controlled.