4 ms·
The best traders don’t share their edge.
by andrewmcwatters 5y ago
The best traders don’t share their edge.
- exdsq 5y agoNowadays the best performing traders share their edge to make their edge. Pump and dumping small market-cap cryptos can lead to insane ROI if you're seen as 'the best trader' because them jumping in is how you get that nickname in the first place.
- smabie 5y agoEh don't really agree with this. it's just that you don't hear about the ones who keep their heads down and grind unless you are in/very close to the industry.
- paulpauper 5y agoTypically there is more money to be made selling subscriptions than trading unless u are a major hedge fund. Desperate ppl look for any sort of guidance even if it does not work well.
- smabie 5y agoIf you have edge it is almost always more profitable to trade than to sell advice.
- paulpauper 5y agoif you can get 1000 subs at $100/month that is top .5% wealth without the risk of trading
- sydthrowaway 5y agowww.alphahub.us
- dmos62 5y agoI remember reading the Market Wizards books and this would come up often in the interviews. Some felt strongly about it, some didn't think much of it. It depends on the person.
- renewiltord 5y agoCertainly believe that but wasn’t Michael posting on a blog pre 2008 telling people stuff?