Here’s the contrarian reality: signals alone don’t create edge. The real variable is environment.
If two traders use the same strategy but different brokers, their results will differ. This is not about skill—it’s about execution.
This leads to the Execution Advantage Principle. It states that speed and cost efficiency determine performance.
Instead get more info of acting as a counterparty, they provide transparent execution. This changes the dynamics of trading.
One of the most overlooked factors is spread cost. Every trade carries a cost, and those costs compound.
Speed is equally important. Execution delays introduce uncertainty. In fast markets, timing is everything.
Most traders attempt to improve results by testing new systems. But the real improvement often comes from optimizing environment.
In trading, elimination is leverage.