The perfect trading system

Hi guys
I know everyone is looking for that 'holy grail' indicator. But have you ever stopped to think what would you do if you found it ?
Think about it, if you found a setup which was consistently accurate and won a lot more than it lost would you have the courage to follow it without letting your emotions getting in the way ?
Would you share it ? Or would doing so change how effective it is in the markets ?
Would you still be looking for new systems ?
I know lots of people will think the answers are easy - use it and make money but could you leave out your emotion ? Would you trust the system would always work ?
Would be great to hear from you all....think before replying and try to be honest you will learn a lot about yourself http://www.forex-tsd.com/images/smil...ular_smile.gif

HI
interesting questions
Since when I found my holy grail I haven't share it with anybody.. should I feel bad about it?
I'm following the sistem with no doubt about it. No doubt. I just follow it. It's the system that makes money, not me. The system is smart, not me.
I never believed a system could be such a cold killer. I give it the maximum thrust, and I never regret it.
The holy grail is not only a system, is also the ability to let it rule.
Last but not the least: the best system is not the one that has 100% of winning, that does not exist and if it did exist it would be boring. The best system is the one that is right 80% of the times and when is wrong it gives you small losses, but when is right it kicks asses. This is the best system.

Never, never, never stop looking for The Holy Grail, never stop studying, searching, reading. Never stop Trading. If this is what you love.

I love trading.


Alessandro

would you have the courage to follow it without letting your emotions get in the way ? --- yes because I would test test test test than test alittle more on a demo account before using it on a live account.

Would you share it ? --- yes because 100's of people could try my holy grail and have it fail on them.

would doing so change how effective it is in the markets ? ---- Nope not unless every retail trader started using it and the big boys caught wind of it and changed how they move the markets. see above answer on why that would not happen.

Would you still be looking for new systems ? --- yes the true holy grail is a large play book of many different setups. Just like in any other investments you have to have diversity for long term growth.

Would you trust the system would always work ? --- no nothing last forever... markets change and so should we. but I'd capitalize on it as much as I could well it did work.

The hardest part of trading is keeping your emotions out as much as possible. some times I have to set my stop loss and target and go for a long walk or go play with the dog for awhile to do this. but it normally works out better in the long run because I'm not cutting profit short or moving my stop loss.

Thank you for making me think. How would you answer those questions?

Hi evilgoat,

Thanks for your reply.
You asked how I would answer the questions, well I have tried to do so as honestly as possible below:

Would you have the courage to follow it without your emotions getting in the way ? I answered most of this in the last question below.

Would you share it ? I would like to help other traders and give something back but would be worried to share the actual workings of the system in case it stopped being so effective, I would probably share the signals from it.

Would you still be looking for new systems ? I would like to say no but unfortunaletly I probably still would, human nature...

Would you trust the system would always work ? If I had used it for a long period of time and it backtested well, had a good stoploss and the takeprofit was higher than the stoploss then I would always try to follow it over my emotions.

Would be great to hear from everyone ! Good trading to you all