There's something hard to define about a trader's mindset, but it permeates everything they do.
But in the end, I think the easiest version of it is "do you understand EV, the law of large numbers, and how to quantify fuzzy things".
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I throw the term "expected value" (EV for short) around a lot. What is it, and, more important, why is it the thing that matters?
A thread about the median and the mean.
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