Do you think the holy grail in trading exists? | Forex Factory

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Do you think the holy grail in trading exists?

  • #1
  • First Post: Jun 5, 2019 3:40pm Jun 5, 2019 3:40pm
Hi traders,

Do you think The Holy Grail exists and are you looking for it?
Do you ever wonder what moves the market?
The Holy Grail exists!
  • #2
  • Jun 5, 2019 3:56pm Jun 5, 2019 3:56pm
Quoting fxjtrader
Hi traders, Do you think The Holy Grail exists and are you looking for it? Do you ever wonder what moves the market?
The holy grail is a combination of many things, and almost all are psychological.

What moves the market is supply and demand plus news.

Now stop asking such questions and get to work.
  • #3
  • Jun 5, 2019 4:28pm Jun 5, 2019 4:28pm
Quoting C-12
{quote} The holy grail is a combination of many things, and almost all are psychological. What moves the market is supply and demand plus news. Now stop asking such questions and get to work.

News certainly influences the price, but at some point the price goes back, why? There must be something that causes this.
The Holy Grail exists!
  • #4
  • Jun 5, 2019 4:33pm Jun 5, 2019 4:33pm
Yeah, for "some" hedge funds, it exists... It is called like this: How to cover inside-info/manipulation with (fake) research or how to Make research believable so that noone can suspect/proove that there was some insides there You can check my post where I list some examples, from movies etc

And abut holy grail... If the holy grail type EDGE would exist, someone could become a trillionaire with 100EUR deposit, and 40 TP20 SL20 trades, 100% win rate... So it obviously doesn't exist, at least not at HOLY level.. or if those that can get it, use it for something else instead
Can you afford to take that chance?
  • #5
  • Jun 5, 2019 4:51pm Jun 5, 2019 4:51pm
Anyone who doesn't believe in The Holy Grail is wrong, I think.
News certainly moves the market, but there is actually something else that is moving the market.
Everything happens for a reason...
The Holy Grail exists!
  • #6
  • Jun 5, 2019 5:33pm Jun 5, 2019 5:33pm
Quoting fxjtrader
Anyone who doesn't believe in The Holy Grail is wrong, I think. News certainly moves the market, but there is actually something else that is moving the market. Everything happens for a reason...
Thanos?
Can you afford to take that chance?
  • #7
  • Jun 5, 2019 6:02pm Jun 5, 2019 6:02pm
I think the holy grail does exist.. But its illegal and based on insider info. Only congress and business executives have this info. Example knowing a new Green climate change law is going to be passes and investing early in company's that will benefit, and shorting company's that will be hurt.
The only system that will work is one designed by and for yourself.
  • #8
  • Jun 5, 2019 6:21pm Jun 5, 2019 6:21pm
Quoting bloodpoodle
I think the holy grail does exist.. But its illegal and based on insider info. Only congress and business executives have this info. Example knowing a new Green climate change law is going to be passes and investing early in company's that will benefit, and shorting company's that will be hurt.
When you have inside knowledge you are cheating, that is not "the holy Grail"
but of course there are people who are trading with "illegal" inside information.
The Holy Grail exists!
  • #9
  • Jun 5, 2019 7:15pm Jun 5, 2019 7:15pm
Quoting fxjtrader
{quote} News certainly influences the price, but at some point the price goes back, why? There must be something that causes this.
It goes back for a number of reasons - but mainly;

a) people stop buying

b) buyers selling their longs

c) sellers at the top
  • #10
  • Jun 5, 2019 7:22pm Jun 5, 2019 7:22pm
how will you know if it exists if you stop looking for it?
life is a reflection of what we allow ourselves to see
  • #11
  • Jun 5, 2019 7:52pm Jun 5, 2019 7:52pm
They're are so many things that effect why currencies move.

Risk, yields and hedging are the main reasons.
  • #12
  • Jun 5, 2019 8:05pm Jun 5, 2019 8:05pm
Quoting bloodpoodle
I think the holy grail does exist.. But its illegal and based on insider info. Only congress and business executives have this info. Example knowing a new Green climate change law is going to be passes and investing early in company's that will benefit, and shorting company's that will be hurt.

Watch the treasury, you should! 3 month short term bonds, pave the way they do! Follow, the Fed does!
One post, many more hmmm!

https://www.forexfactory.com/showthr...3#post12310963

Use this, you should!
Learn, a forex trader must, unlearn and relearn he will.
  • #13
  • Jun 5, 2019 11:15pm Jun 5, 2019 11:15pm
My grails became less & less holy with time.

Find a way to read the markets current direction, find a way to get in with reasonable risk, have a way to get out that takes an acceptable chunk or loss.

Beyond that its don't bet too much & find a way to make sure you do it despite any impulses or feelings to the contrary.

Lots of things can work (or not work) which makes a tradable market possible.

IM Unholy O
  • #14
  • Edited 2:49pm Jun 6, 2019 2:37pm | Edited 2:49pm
I see trading as a way to experiment with statistical data and a meditation tool at the same time.

if by "holy grail" you mean risk free trading... no but I do follow rules that prevent me from being a time waster:


1 choose a good broker (two are better)
2 invest what you can afford to lose
3 don't gamble... time your entries & exits
4 trade aggressively, but not recklessly lol
  • #15
  • Jun 6, 2019 7:37pm Jun 6, 2019 7:37pm
We would need to (strongly) define what HOLY GRAIL is, before we can discuss if it exists... But if you are talking about holy grail in a way that it is suppose to mean, they of course it exists, we are here are we not But the question is, if you can FIND/GET/ACTIVE it... would you be interested in trading anymore? It would be canceled out of the equation, most probably.
Can you afford to take that chance?
  • #16
  • Jun 7, 2019 12:15am Jun 7, 2019 12:15am
To those seeking wealth in any field (including retail forex), the search for the "holy grail" is an obsession of those individuals who are the least likely to succeed.
The "holy grail" is actually a symbol of self-deception and denial. It's a distortion of reality to reduce pain or/and increase wishful thinking.
  • #17
  • Jun 7, 2019 2:10am Jun 7, 2019 2:10am
Quoting fxjtrader
Anyone who doesn't believe in The Holy Grail is wrong, I think. News certainly moves the market, but there is actually something else that is moving the market. Everything happens for a reason...
Agreed
Why is a Raven like a Writing Desk?
  • #18
  • Jun 7, 2019 4:26am Jun 7, 2019 4:26am
Well... there`s no impossible things in this world.
  • #19
  • Jun 7, 2019 1:37pm Jun 7, 2019 1:37pm
Quoting HeyYou
I see trading as a way to experiment with statistical data and a meditation tool at the same time. if by "holy grail" you mean risk free trading... no but I do follow rules that prevent me from being a time waster: 1 choose a good broker (two are better) 2 invest what you can afford to lose 3 don't gamble... time your entries & exits 4 trade aggressively, but not recklessly lol
No such thing exists.
  • #20
  • Jun 7, 2019 2:51pm Jun 7, 2019 2:51pm
Okay, some traders think that The Holy Grail does not exist and some think there must be something.

What is the holy grail?
Is it that you can know exactly where the market will go and not maybe, but with 100% certainty?
Do you think it is possible to know where the market will go with 100% certainty?
The Holy Grail exists!
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