The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™
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Edge
/ɛʤ/ (n.)
1. Finance: The guitar player with U2.

2. Popular music: A distinctive advantage that sets a trader apart and allows them to accumulate more profits than losses. In a perfect market, there is no edge. But the world isn’t perfect.

It is quite important to check that your edge does not arise on account of illegal information.