http://www.forexfactory.com/showthre...42#post6466742
VSA is 1/3 and that last part of my trading I will keep secret.
All 3 parts are things that does not change.
They have been always same and they will be always same.
What was your "holy grail"? 218 replies
Your own HOLY Grail (and how you know you've found it) 19 replies
Will the "holy grail" be what you expect? 10 replies
DislikedMany expert forex traders who are trading long time in forex trading have good trading strategy. Also there are some good EA exist which are showing 80-90% success. But it's not that holy grail is exist . Holy grail is impossible in forex trading . In forex market many factors effect the market. Market not move always technically as there are many political issue, economical issues, decision of policy makers and so many fundamental things. Market don't move fairly all time and sometime we see the uncertain movement of market. Sentiment of so many...Ignored
DislikedThe system is inefficient. To be consistently profitably means that you have found where the system is inefficient and exploiting that failure. It's a bit like if you can hack into an ATM to get free money. If you're discreet, you may have a very good side income or even never work a day in your life again. But if you go out and tell everybody, the bank will plug the loophole. If everybody traded the same method, that method would cease to work, it's as simple as that.Ignored
DislikedWho ever finds Holy Grail probably lost a lot of money in process of learning and invested years of stress, sweet, and blood. Of course later they don't want to share it with total strangers on the internet for free.Ignored
DislikedHere's some more common sense: There are many traders who are handsomely profitable with a win rate that's significantly less than 50%. Do you know why?Ignored
DislikedOn the issue of Holy Grail, when I started programing many years ago I came across a humorous observation on commenting code to the effect that "real programers" did not because it was hard to write and therefore should be hard to read. I suspect there may be an element of this in why people don't usually share their hard won methods.Ignored
DislikedI actually think I've found the grail recently finally comes to mind, find out over the next few weeks, the real bitch is it's so simple and I've been so damn near to it for so long, but hey!! It's not about high win % rate, which forces you to worriedly close out trade for smaller profit than possible, it's about low say 50% +/- 5% win rate, tiny SL, and this is the key part awesome R:R!! Start generating live results soon!!Ignored
Disliked{quote} I know why, and I know Mr. "genius" Hanover knows why too. It all stems from your money management, or your lack thereof.Ignored
DislikedThe holy grail in trading is when you win 50% + 1% of your tradesIgnored
Disliked{quote} I don't see how a Holy Grail is possible. Some reasons: 1. Markets are ultimately driven by orderflow. Even assuming it's possible to know exactly what orders are currently in place, and at what levels (the 'order book'), there are always more orders about to be added that traders have no knowledge of. These orders are created by a host of different factors, that are too diverse, complex and abstract (e.g. sentiment) to be calculated precisely. I recall reading a good anecdote in a Mark Douglas book, that went something like this: A capable...Ignored
DislikedThe Holy grail do exist, and I'm not talking about an EA, but a new way to see the market, more sophisticated than the typical time/price charts. Only a very few individuals have it (not even the best banks or hedgefunds), and the reason why they don't share it with the world is that there is no reason for them to share it. So I make a counter question here, why somebody would even share the Holy grail? Remember it already work perfectly, it doesn't matter if many of only a few have it.Ignored
Disliked{quote} No they don't. No one does. It will never exist. To believe in something does not make it true.Ignored
DislikedThe Holy grail do exist, and I'm not talking about an EA, but a new way to see the market, more sophisticated than the typical time/price charts. Only a very few individuals have it (not even the best banks or hedgefunds), and the reason why they don't share it with the world is that there is no reason for them to share it. So I make a counter question here, why somebody would even share the Holy grail? Remember it already work perfectly, it doesn't matter if many of only a few have it.Ignored
DislikedI can only speak for myself, actually thclaimenngson why i sometime visit this website is the same reason of why sometime i watch the television/movies or visit facebook or read the newspapera etc. To read or watch or hear what other people say or think, interact with other human beings, it's not that if you have the holy grail you would live in a cave for the rest of your life. Many people think that when they will finally have success (be it money or love or position/respect or whatever) anything will change in their life, in some way success...Ignored
Disliked{quote} No they don't. No one does. It will never exist. To believe in something does not make it true.Ignored