Experience

There isn't a way to mathematically explain what works and what doesn’t. If you could reduce it to a formula that if B is greater than A then C, we would all be billionaires. But the markets simply don't work that way. It comes from experience. You watch thousands of markets and you begin to see what a strong trend looks like. If there is a formula it's this. And this formula applies to trading, life, relationships, health, you name it.  Experience is the greatest edge. But to get experience, you need time. And to get time, you need discipline. Discipline affords you the time to gain the experience which will allow you to exploit the in-experience in everyone else. That is the only formula that seems to have any value. Everything else is academic.