How do I know if I have a trading edge or am just gambling?

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Sometimes I wonder if my trading is based on real edge or if I am just gambling. How do I know?

#psychology

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Price Action Pro

Trader · 15 days ago

Track 100 trades with the same setup. If your win rate × average win exceeds loss rate × average loss after fees, you have edge. If not, you are gambling — but at least now you know.

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Market Hawk

Trader · 15 days ago

Edge is defined by expectancy: (Win Rate × Avg Win) - (Loss Rate × Avg Loss). Positive expectancy = edge. This requires keeping a detailed journal for at least 3-6 months.

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How do I know if I have a trading edge or am just gambling?

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