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Where is the holy grail?

  • #21
  • Mar 14, 2020 5:24pm Mar 14, 2020 5:24pm
I think each trader themself is "The Holy Grail". We each have the same charts and indicators available but will interpret the information very differently based on experience, mindset and surely many other factors. Being diligent in our individual methods will increase the probability of our individual success. The best system is the person staring at me in the mirror.
  • #22
  • Mar 14, 2020 11:34pm Mar 14, 2020 11:34pm
The castle of money. New York City.
Count Of Antwerp
  • #23
  • Mar 15, 2020 1:18am Mar 15, 2020 1:18am
You yourself have to be the holy grail. ;-)
  • #24
  • Mar 15, 2020 7:33am Mar 15, 2020 7:33am
I think in this context that refers to a strategy.
  • #25
  • Mar 17, 2020 7:12am Mar 17, 2020 7:12am
I have a cup that is gold plated and looks like a gold cup
you can sell it and say it's the cup that held Jesus' blood.
Attached Image


it sell if for $10
It works.
it holds coffee

  • #26
  • Mar 17, 2020 12:27pm Mar 17, 2020 12:27pm
...Isn't it supposed to be a chalice?
  • #27
  • Mar 19, 2020 3:53pm Mar 19, 2020 3:53pm
  •  dmj120
  • | Joined Jan 2020 | Status: Newbie with professional aspiration | 108 Posts
Quoting KillinFX
I think each trader themself is "The Holy Grail". We each have the same charts and indicators available but will interpret the information very differently based on experience, mindset and surely many other factors. Being diligent in our individual methods will increase the probability of our individual success. The best system is the person staring at me in the mirror.
Agreed. Especially, since a trading style that works for one person seems to fail another. I think experience and mindset are two of the biggest deciding factors - particularly mindset. How one thinks, evaluates, process, etc. in formation [in my humble opinion] is the most pertinent factor/variable.
School of hard knocks
dmj120 Return This Year: na
  • #28
  • Apr 12, 2020 10:04pm Apr 12, 2020 10:04pm
wow. is holy grail is even existed?
  • #29
  • Apr 13, 2020 12:14am Apr 13, 2020 12:14am
supply and demand.
  • #30
  • Apr 14, 2020 9:11pm Apr 14, 2020 9:11pm
Pick one strategy and one time frame. Stick to it for one straight year.

I've been trading since 2009 and I used to jump from one strategy and time frame to the next. Once I stuck to trading one strategy and one time frame ONLY for the whole year, then I started breaking even and eventually became profitable.
  • #31
  • Apr 15, 2020 12:35pm Apr 15, 2020 12:35pm
I agree. A strategy needs to be tested extensively to see if it works. Testing it for a short period of time may make it seem successful, but it may end up behaving not as well under different circumstances.
  • #32
  • Apr 16, 2020 11:15am Apr 16, 2020 11:15am
Quoting mlawson71
I agree. A strategy needs to be tested extensively to see if it works. Testing it for a short period of time may make it seem successful, but it may end up behaving not as well under different circumstances.
Do you think that if a strategy worked for 10 years will continue to work forever? Based on what?
  • #33
  • Apr 18, 2020 10:00am Apr 18, 2020 10:00am
Quoting jo24
{quote} Do you think that if a strategy worked for 10 years will continue to work forever? Based on what?
Perhaps. I have traded for about half that time so I don't have personal experience in that regard.
  • #34
  • Last Post: Apr 18, 2020 10:14pm Apr 18, 2020 10:14pm
Quoting jo24
{quote} Do you think that if a strategy worked for 10 years will continue to work forever? Based on what?
I've been using the same strategy since 2015 and it still works just as good. There are some tweaks here and there, but I never changed anything significant.
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