A successful trader starts with having an edge in the markets. This is far more important when you will be doing 1000s of trades per year and particularly if you are day trading.
So What Is An Edge?
A daytrading edge is simply a statistical probability that your trade has an higher expected probability of working.
Your entry has predictive power of future price direction - be it in short term or longer term:
Every-time we place a trade we have probability of success; we know the exact risk exposure and we know that each trade will be executed flawlessly and instantly. Most traders are simply punters whereas we trade only with the odds predetermined and in your favour.