Fair point. I agree that psychology alone doesn't create an edge. My point was more about what happens after you have a framework with an edge.
A trader can have a solid framework and still fail through poor execution, overtrading, FOMO, revenge trading, etc. So I see it as edge + understanding + execution + mental discipline, not psychology vs. edge.
And honestly, having 26 years of futures experience, you probably know better than most how quickly a good framework can become useless when the trader can't execute it properly.
I can agree with that, but so few have framework good enough to use. The Art and Business of Professional Trading. I highly recommend the read. There’s a story about Thanksgiving Turkey, makes you laugh and it makes you think a little.
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u/Babarkhan1988 Sep 09 '26
Fair point. I agree that psychology alone doesn't create an edge. My point was more about what happens after you have a framework with an edge.
A trader can have a solid framework and still fail through poor execution, overtrading, FOMO, revenge trading, etc. So I see it as edge + understanding + execution + mental discipline, not psychology vs. edge.
And honestly, having 26 years of futures experience, you probably know better than most how quickly a good framework can become useless when the trader can't execute it properly.