They say those who can... do... and those who can't... teach!
Then there are those of us who think deeply, and attempt to do both
Join me won't you, as I attempt to demonstrate and refine a very simple trading strategy that honestly speaking, I wish I had found before I ever started trading. Now most people find themselves on a path looking for the so called "Holy Grail" trading system. Some say it doesn't exists. Some spend their whole life looking for it... I say I think I have found it!
This strategy is intended to allow anyone to consistently make money in the markets especially those who are just starting out, and especially those who after losing money in the markets are looking for a simple effective way to profitability trade the markets. Once and for all
If you're like me, you skimmed over some really good material here at the factory, some of which I think is valuable, some of which I think is fluff, and maybe you even included some of it into your trading plans. (you do have a plan right?)
If so, chances are even better that after blowing up an account or two you come to the realization that by trying to do too much (IE, incorporating some of this.. and some of that...) you found yourself bleeding money either by slow drip, or gashing wound... Bottom line... the "trading system" was over-complicated.
Or maybe coming up with the trading plan is the problem. I know for me I didn't want to trade with a "real" plan, and made my plan up as the trade progressed. This unfortunately made me some BIG BIG money. (Luckily for me I was able to take out some of the profits to protect my initial investment... which allowed me to blow up a few accounts in my attempt to find the "holy grail" of trading systems and still be here to "play the game") -- when I say unfortunately I say this in jest because everything happens for a reason and I really feel blessed to have survived it all and learned so much about trading the markets along the way... (IE. I wouldn't' change a thing... playing with the house's money was made for learning)
When it comes to Holy Grails... or Moly Quails as they are referred to by some of the best here on FF... I've come to the realization the simple is always better. So if you're looking for a complicated fool proof system, you won't find it here... if on the other hand you are looking for a simple fool proof system keep reading...
Now keep in mind "simple" does NOT mean "easy" as with all things practice makes perfect... But still it should be simple With that said, here we are going to talk about a very simple system. One that if following properly will virtually guarantee success in just about any market. (Please be aware of all market risk-- all of which you assume should you attempt to take the possible trades posted here!!!)
I have followed many good threads on this board and many other boards, and the one thing that is consistent throughout is the amount of time and effort required to keep up on one of these forums especially when they start turning nasty... The one thing I do NOT have time for is the amount of hatred that goes on when one member starts to act childish. I would ask that we all behave in a civilized manner and keep the discussion and debate clean and pithy.
As with most GOOD threads on here, there is usually the thread starter (me) and those select few who are cosmically ready to sojourn (with me) over the river and through the woods. Then there are those who run into the thread, and are not quite ready so they move on, only to find themselves back here again once a cosmic cycle has completed. Remember everything happens for a reason
So this leads me to my first question... Who would like to sojourn with me along a journey for the "Holy Grail"?
Then there are those of us who think deeply, and attempt to do both
Join me won't you, as I attempt to demonstrate and refine a very simple trading strategy that honestly speaking, I wish I had found before I ever started trading. Now most people find themselves on a path looking for the so called "Holy Grail" trading system. Some say it doesn't exists. Some spend their whole life looking for it... I say I think I have found it!
This strategy is intended to allow anyone to consistently make money in the markets especially those who are just starting out, and especially those who after losing money in the markets are looking for a simple effective way to profitability trade the markets. Once and for all
If you're like me, you skimmed over some really good material here at the factory, some of which I think is valuable, some of which I think is fluff, and maybe you even included some of it into your trading plans. (you do have a plan right?)
If so, chances are even better that after blowing up an account or two you come to the realization that by trying to do too much (IE, incorporating some of this.. and some of that...) you found yourself bleeding money either by slow drip, or gashing wound... Bottom line... the "trading system" was over-complicated.
Or maybe coming up with the trading plan is the problem. I know for me I didn't want to trade with a "real" plan, and made my plan up as the trade progressed. This unfortunately made me some BIG BIG money. (Luckily for me I was able to take out some of the profits to protect my initial investment... which allowed me to blow up a few accounts in my attempt to find the "holy grail" of trading systems and still be here to "play the game") -- when I say unfortunately I say this in jest because everything happens for a reason and I really feel blessed to have survived it all and learned so much about trading the markets along the way... (IE. I wouldn't' change a thing... playing with the house's money was made for learning
)When it comes to Holy Grails... or Moly Quails as they are referred to by some of the best here on FF... I've come to the realization the simple is always better. So if you're looking for a complicated fool proof system, you won't find it here... if on the other hand you are looking for a simple fool proof system keep reading...
Now keep in mind "simple" does NOT mean "easy" as with all things practice makes perfect... But still it should be simple
With that said, here we are going to talk about a very simple system. One that if following properly will virtually guarantee success in just about any market. (Please be aware of all market risk-- all of which you assume should you attempt to take the possible trades posted here!!!)I have followed many good threads on this board and many other boards, and the one thing that is consistent throughout is the amount of time and effort required to keep up on one of these forums especially when they start turning nasty... The one thing I do NOT have time for is the amount of hatred that goes on when one member starts to act childish. I would ask that we all behave in a civilized manner and keep the discussion and debate clean and pithy.
As with most GOOD threads on here, there is usually the thread starter (me) and those select few who are cosmically ready to sojourn (with me) over the river and through the woods. Then there are those who run into the thread, and are not quite ready so they move on, only to find themselves back here again once a cosmic cycle has completed. Remember everything happens for a reason
So this leads me to my first question... Who would like to sojourn with me along a journey for the "Holy Grail"?
