Excellent question!
Your 1st 3 words are very important. You believe; this means that this is your foundation to how you view the market, ie how it works. I dont dispute your belief, however I view the market as a mass fight for liquidity, liquidity is limited so the strong survive and the weak retreat. This is how (in my view) all markets work. You have to figure out what percentage of your chosen instrument will account for hedging, arbing etc. Then you are left with directional based traders (retail traders; be they pro or amateur). If everyone sat down and thought things through they would not be concerned with what they can not know or control (hedging/arbing) and would instead focus on what they can have access to (directional speculators) in the form of a chart.
From this point on its upto the individual to work out what they want (small edge, or a big edge) and how they are going to get it. I am happy with mine as it is evolving all the time, and if your happy with yours, great.
But this was really supposed to be aimed at those who do not know their edge, or if indeed they even have one and why.
I would never disclose what I consider to be my true edge, as that is my edge, and the more people that knew it, would affect my results.
So in advance of the question; how do you know not many traders do the same thing as me? Simple, time and sales data tells me that there are very few traders trading at the same point I do, so this confirms that very few interpret the opportunities in the same way i do. If I then see T/S data showing me increased participation, say 10 points higher (for a target of 20 pts), I know my edge over my competitors is huge as I am in way before them, ie, im collecting double the points they are.
Loads of hints in this post, some may find value to the above, others may think its useless. It does not matter to me. Like I say there are many ways to do it, mine is just one.