Hello, i'm pretty sure you may be attracted here from the thread title (holy grail), it is good, and i hope what i'm going to write can help you to understand what may be the holy grail, and maybe you will be able to have a better trading.
Well, let's start to understand what holy grail is not:
- a trading system
- a fancy set of MM rules (money management)
- a "trading psychology"
All of these are needed to trade profitably, but even when you manage all three, it is not sure that you will trade profitably in the long run, because it's not all this that is important.
From my experience, the market is like a mirror, a mirror of yourself.
You have to know yourself to be able to trade profitably and without stress, you have to clean that mirror, and see yourself, the market will not be nothing crazy or hard anymore.
I don't know maybe i'm writing a ton of bullshit here, it is just how i see the thing, i've managed to trade the best trading system i ever known, tried to appli correct MM rules, and tried to be in the perfect trading psychology many times, having a little success, but always with up and down of course.
But when i've understood that this "run" for the money was totally a waste of time, i found myself to be like inside a jail created by myself, all i was trying to do is find a way to get as much money as i can from the market, more money, more risk, my mind was rarely clean, i was greed.
Then i've realized that i don't really need to become rich, i even don't need much money, i don't like money, i hate them!
Of course to live in this society we all need money, so we have jobs to earn them, our work is the price we pay to stay in this society.
When trading, the price is relatively low, because you don't need to go on a office, on a particular hour, everyday, see people who you don't feel you like to see or talk, listen to your boss, do what he say, etc.. With trading all you need is just do some good trade everyday (or everyweek or everymonth, you can decide it), and make the money that you need, that you feel are enough for you.
In the precise moment you look at the market as a way for making more money then you need or then you feel you need, in the precise moment you act like a stupid greed, in that precise moment you are going to have a stressful trading, and probably you are going to lose money, no matter which your trading system is, no matter which your MM rules are, and no matter if you have the right trading psychology.
I hope i was clear and that you may understand what i've tried to say, sometime it's difficult to explain something soo abstract, but i think that this "aspect" of trading is the one which really decide if you will have a good or bad trading.
Ok, thank you very much for reading, any comment or post is greatly appreciated :-)
Well, let's start to understand what holy grail is not:
- a trading system
- a fancy set of MM rules (money management)
- a "trading psychology"
All of these are needed to trade profitably, but even when you manage all three, it is not sure that you will trade profitably in the long run, because it's not all this that is important.
From my experience, the market is like a mirror, a mirror of yourself.
You have to know yourself to be able to trade profitably and without stress, you have to clean that mirror, and see yourself, the market will not be nothing crazy or hard anymore.
I don't know maybe i'm writing a ton of bullshit here, it is just how i see the thing, i've managed to trade the best trading system i ever known, tried to appli correct MM rules, and tried to be in the perfect trading psychology many times, having a little success, but always with up and down of course.
But when i've understood that this "run" for the money was totally a waste of time, i found myself to be like inside a jail created by myself, all i was trying to do is find a way to get as much money as i can from the market, more money, more risk, my mind was rarely clean, i was greed.
Then i've realized that i don't really need to become rich, i even don't need much money, i don't like money, i hate them!
Of course to live in this society we all need money, so we have jobs to earn them, our work is the price we pay to stay in this society.
When trading, the price is relatively low, because you don't need to go on a office, on a particular hour, everyday, see people who you don't feel you like to see or talk, listen to your boss, do what he say, etc.. With trading all you need is just do some good trade everyday (or everyweek or everymonth, you can decide it), and make the money that you need, that you feel are enough for you.
In the precise moment you look at the market as a way for making more money then you need or then you feel you need, in the precise moment you act like a stupid greed, in that precise moment you are going to have a stressful trading, and probably you are going to lose money, no matter which your trading system is, no matter which your MM rules are, and no matter if you have the right trading psychology.
I hope i was clear and that you may understand what i've tried to say, sometime it's difficult to explain something soo abstract, but i think that this "aspect" of trading is the one which really decide if you will have a good or bad trading.
Ok, thank you very much for reading, any comment or post is greatly appreciated :-)
