Looks like you got this one right
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
All systems of divination, like music itself,work through patterns.
The HOLY GRAIL 130 replies
Developing the "Holy Grail" Trading System 4 replies
Holy grail trading system wanted, or nearest thing to it! 43 replies
6 Steps To Finding Your Personal Holy Grail 6 replies
The Search for the Holy Grail 1 reply
DislikedI agree and I would never use such a tactic but I thought he said he exited the trade last week while it was just a take profit target.Ignored
DislikedI think that there is a little misunderstanding on this thread.
The point of this thread is to show that the "Holy Grail" (100% winning rate) does exist, even when the market is trending against your positions.Ignored
DislikedI think that there is a little misunderstanding on this thread.
The point of this thread is to show that the "Holy Grail" (100% winning rate) does exist, even when the market is trending against your positions.Ignored
DislikedI think that there is a little misunderstanding on this thread.
The point of this thread is to show that the "Holy Grail" (100% winning rate) does exist, even when the market is trending against your positions.Ignored
DislikedBut, you let yourself be close to 500 pips drawdown for 55 pips profit?
That's almost 1:10 win to loss ratio. But considering you do not utilise emergency stop in your trades, the ratio might not be applicable. My question is this, what is the max drawdown you will allow yourself for a particular trade? % wise. There must be a limit for the losses taken, else there will definitely be a complete wipeout.
ThanksIgnored
DislikedAnd do you see that accusing me to be a Liar, Big Liar or cheating & faking people is appropriate?Ignored
DislikedHaving a position go 500 pips away from your TP isn't really the 'Holy Grail', its just a buy and hold (aka hope) type strategy.
If you predicted that the euro would come back to 1.3030, also why not increase your position at 1.2550 or something.Ignored
Dislikedof course. price oscillates instead of moving in a straight line, so there is always a small chance of price coming back to your initial entry. But such a strategy in my book, is called gambling.
To each his own tho. But my question to you which you was :
And since this is your personal journal, we'll all have to respect your space & posts. It's just that some of us (myself included) have been trading a while now & doing it for a living, a 100% win no failure trading is a bit insulting to our risk management abilities.
Do you mind sharing...Ignored
DislikedI think that there is a little misunderstanding on this thread.
The point of this thread is to show that the "Holy Grail" (100% winning rate) does exist, even when the market is trending against your positions.Ignored
DislikedI already put my statement, and people here, especially MolekDakula, accused me to be a cheater and being posting a fake one, so, I decided to not show any statement anymore.Ignored
DislikedI already put my statement, and people here, especially MolekDakula, accused me to be a cheater and being posting a fake one, so, I decided to not show any statement anymore.Ignored
DislikedGranted that everyone has same rights but every newbie should understand that not everyone who posts on open forums is such a great trader that he should be followed blindly. Everyone does not even disclose the details of his trade. Although some may have the good intentions to teach, not everyone has the time or the methodology to do so. You should not expect too much. The most you should expect is to use it as a learning ground where you need to test out ideas thrown. Nothing worth having can be "had" without hard work. So, if you think that...Ignored
DislikedAs far as I can see, this could be because that would have raised the risk to unacceptable level - adding to losing positions is the ultimate.......
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