How did you develop your Forex “trading edge”?

An edge, according to Mark Douglas, exists when the odds are in my favour that someone in the market will come in and act in a way that will make my trade work.

Mostly traders will read about a strategy and demo test or back-test it to see if it has an edge. Most will then change something in the strategy which they hope will give them an edge.

An alternative way is to identify a strategy that is popular (used by many traders) and then formulating a strategy that exploits that strategy.

That often gives you an edge.

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