Patience and Edge
The Nuggets believed Jokic’s unique skills offered an edge that few players brought to the game. Size. Toughness. Unselfishness. Good shooting. Amazing passing. And an unbreakable mindset. And they believed that Murray was the perfect star complement to tie it all together.
They had an edge and they pressed their bets.
But it took patience for the edge to materialize over the long term.
Can’t we relate?
We traders might have a strategy or a system with an edge. But that’s no guarantee that it won’t experience a bit of up and down in the short term and the occasional run of consecutive losses. It is nearly statistically certain that this will happen.
But if we stick to the process, keep our heads on the big picture, and execute, execute, execute, it’s also statistically likely that our edge will result in wins over time.
Patience and edge. They go hand in hand and we can’t win the big prizes without a healthy mix of both.
Trade 'em Well,
Sean McLaughlin
Chief Options Strategist
All Star Charts, Technical Analysis Research