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- Status:
- Married - 5 Wives
- Last Online:
- Apr 21, 2015
- Using Local Time:
- 11:32pm
- Joined Forex Factory:
- Sep 2008
Input by Chicky
About
- Trading From:
- São Tomé-Príncipe (map)
- Occupation:
- Thief of Wall Street
- Trading Style(s):
- Quantitative Analyst
- Biography:
- CHICKY, THE CUSTODIAN OF HOLY GRAIL EXPLAINS HOW IT WAS FOUND
Born in a family of bookmakers and speculative traders. From 1978 through 2009, studied gambling, lotteries, bookmaking, forex, stock and commodity markets with sole objective of finding a way of making consistent profits with low or near to zero risk.
The research work included analyzing many gambling and speculative models followed by developing and testing series of statistical methods that were likely to produce consistent profits. Any models offering fixed returns were discarded for this simple reason that such models do not provide an edge. In such models odds always remain against the gamblers/traders. Without a definite edge, one may get lucky at times but not consistently profitable over longer term.
Research focus then shifted to games/markets that offer fluctuating (varying) returns. This study classified all fluctuating return games/markets into two categories: 1) Ones with outcome (gain or loss) based on factors that can be reasonably speculated, 2) Ones whose outcome is based on factors that cannot be reasonably predicted. This discovery filtered out most gambling games from markets. However, sports betting still remains at the borderline as factors contributing to the outcome of most sports betting can be reasonably worked out.
For about a decade stock, commodity and foreign exchange markets remained the sole subject of this research. The greatest discovery of this research phase was understanding market-behavior, knowing not only what moves the market but also how markets respond to a change in underlying conditions and factors. This concluded the research phase.
The final step was to develop a method that produces consistent profits by trading market moves. This method turned out so simple that I first couldn't believe it.
I have now completed both research and development phases of this work. The end product is a reasonably profitable trading method based on certain trading principles and techniques, generally known in the trading circle as THE HOLY GRAIL.
Input by Chicky
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