Who is on the other side?

Professionals, robots, and your real edge

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In this lesson

Learn who you trade against and where an individual really can have an edge.

Key takeaways

Behind every trade is someone taking the other side — often professionals or algorithms.
An individual's edge is behaviour: patience, small losses, time and a plan.
Expectancy = win rate × average win − loss rate × average loss.
You can lose more often than you win and still come out ahead, if losses are small and wins are bigger.

Watch this lesson with Tessa. The full video, worked example, calculator, quiz and Ask Tessa are part of Money Globe X Silver, Gold and Platinum. Create your account to start learning.

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Educational information only - not financial advice.

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