Where is the holy grail? | Forex Factory

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Where is the holy grail?

  • #1
  • First Post: Nov 3, 2019 9:59am Nov 3, 2019 9:59am
Been trading since 2012. Tried lots of strategies. Bought EA's and indicators on mal5.com. Built own EA's etc.

No holy grail in sight.

Did any of you find it?
  • #2
  • Nov 3, 2019 10:42am Nov 3, 2019 10:42am
There is no such thing. The only path to success requires a lot of time and hard work to learn.
  • #3
  • Nov 3, 2019 3:38pm Nov 3, 2019 3:38pm
Quoting bmcgowra
Been trading since 2012. Tried lots of strategies. Bought EA's and indicators on mal5.com. Built own EA's etc. No holy grail in sight. Did any of you find it?

i wouldn't say i found the holy grail because there isnt one. But i am closing in my first year of profitable trading
  • #4
  • Nov 3, 2019 10:48pm Nov 3, 2019 10:48pm
Quoting allinazi
{quote} i wouldn't say i found the holy grail because there isnt one. But i am closing in my first year of profitable trading
your drawdown 91% and 48% ???
this damage any professional trader CV.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #5
  • Nov 3, 2019 10:50pm Nov 3, 2019 10:50pm
Quoting mlawson71
There is no such thing. The only path to success requires a lot of time and hard work to learn.
i have the holygrail
people leave, but this thread will go on for ever
  • #6
  • Nov 3, 2019 11:43pm Nov 3, 2019 11:43pm
Quoting bmcgowra
Been trading since 2012. Tried lots of strategies. Bought EA's and indicators on mal5.com. Built own EA's etc. No holy grail in sight. Did any of you find it?
I have the Map, what I call the Holy Grail printed and framed on my Trading room wall.
Do you want to see it?
Trading thin liquidity at the boundary of the charts
  • #7
  • Nov 4, 2019 12:11am Nov 4, 2019 12:11am
Quoting RickM
{quote} I have the Map, what I call the Holy Grail printed and framed on my Trading room wall. Do you want to see it?
i hope i smiled in that photo
people leave, but this thread will go on for ever
  • #8
  • Nov 4, 2019 12:20am Nov 4, 2019 12:20am
Quoting Aussi
{quote} i hope i smiled in that photo
IF you are ineterested...
You are smiling on my photo mate!
  • #9
  • Nov 4, 2019 12:24am Nov 4, 2019 12:24am
sure. Know people with access to relevant information and frontrun data release.
It's not rocket science - it's duck science.
  • #10
  • Edited 2:23am Nov 4, 2019 1:39am | Edited 2:23am
Quoting Macd-rsi
{quote} your drawdown 91% and 48% ??? this damage any professional trader CV.
yes I had a bad month I can show u my prop account which has a 2% drawdown. but anyways still doesn’t mean unless something ridiculous won’t happen that it won’t be a profitable year .

yes i had a drawdown but what looked after? that drawdown hit cost me to change things in my trading, that how i found to improve my strategy


but anyways good luck!!!
  • #11
  • Nov 4, 2019 2:51am Nov 4, 2019 2:51am
Quoting BubaYaga
sure. Know people with access to relevant information and frontrun data release. It's not rocket science - it's duck science.
Buba

We already know, study the Day chart a week out from major news on any US pair. They start moving it early to cash in from the news.
If the week is Bullish after turning up from a previous bearish run, BUY BUY BUY

Unfortunately that doesn't work for GBP pairs. But you can often see a dip 30 minutes out from news before they push it hard the other way (pre-Brexit of course)
Trading thin liquidity at the boundary of the charts
  • #12
  • Nov 5, 2019 5:44am Nov 5, 2019 5:44am
I think I, myself is the holygrail
goodluck, happy trade
we don't predict, we only ride
  • #13
  • Nov 6, 2019 1:11am Nov 6, 2019 1:11am
You will not find such thing, but you can be part in my thread if you want to set all to zero and would think about a restart. I done this also, after realize that i am on the wrong way.
Give it a try.

https://www.forexfactory.com/showthr...1#post12600771
Perfection is the enemy of good enough!
  • #14
  • Mar 10, 2020 11:23am Mar 10, 2020 11:23am
Quoting RickM
{quote} I have the Map, what I call the Holy Grail printed and framed on my Trading room wall. Do you want to see it?
Dickish comment dude! Why not help a fellow trader and actually share something!
  • #15
  • Mar 10, 2020 8:30pm Mar 10, 2020 8:30pm
everytime I come this side of the the forum, I find people asking this question...really?

People expect some sort of a magical system that will produce consistent results while they can't read a simple chart! My advice would be read many charts without indicators and make sense of price action....

And guess what, everyone looks at the price but no one ever considers the time!!! The chart has the X and Y axis. I would say most traders trade without time consideration. Till you are able to read these two parameters consistently, you should see a pattern. That would be the holy grail and that would be you the trader! How difficult was to figure that out!

Good luck!
Time Is Money
  • #16
  • Mar 11, 2020 10:43am Mar 11, 2020 10:43am
Newbie traders everywhere ask that question, it's not anything new really.
  • #17
  • Mar 11, 2020 12:38pm Mar 11, 2020 12:38pm
There is no holy grail. Unless you have insider information.
  • #18
  • Mar 12, 2020 4:55pm Mar 12, 2020 4:55pm
Best we can do is study and learn from the best,trade light relative to account size.6 years study for me now,4-6% returns weekly,on live account.It can be done.
  • #19
  • Mar 14, 2020 1:46am Mar 14, 2020 1:46am
There I no holy grail every trading strategy has it flaws. Learning is just the only determinant to sucesss in Fx
The success of a successful man is behind the success of a successful frien
  • #20
  • Mar 14, 2020 5:50am Mar 14, 2020 5:50am
I think people have wrong ideas when thinking about the holy grail - they imagine it's some mystical strategy that wins 100% of the time. In my opinion, it's a system, that wins 70% of the time with low drawdown and decent profit factor - which is within the reach of every trader.
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