Training Session Details

By the end of this session you will:

  • Know what edge is in statistical terms and the formula for calculating it
  • Be able to calculate the edge of any strategy
  • Be able to compare different strategies on an equal basis from the perspective of which one has a better edge
  • Understand the other variable that affects the overall profit of any strategy or system
  • Be able to calculate the overall expected profit value of any strategy or system and compare among different ones

The benefits this session will give you:

  • This is where your understanding of basic probabilities and edge will be taken to a more practical level, as you learn how to put these concepts in practice in the real world. Understanding how to calculate the edge and overall value of any strategy will allow you to monitor your trading much more effectively, while keeping you from falling into the trap of being attracted by high percentage winning methods that actually lose money overall. These are some of the most important things you can learn as a trader.


Edge in Action: Expectancy and Frequency Key Takeaways (PDF)