Well IF there is a "Holy Grail" trading system out there, we won't be able to afford it. Let me illustrate:
Let's say, just for simplicity sake, this "Holy Grail" system will give you guaranteed $100,000 each year forever, as long as it is used to trade. In investment terms, that's called a Perpetuity.
For those of you who are familiar with Investment math, the formula to calcuate the present value of a Perpetuity, how much it is worth today is:
Expected Income / Discount Rate (which we will use current annual interest rate instead and we assume it will stay the same forever)
So, let's say the current annual interest rate is 1%, with a Perpetuity of $100,000 income each year, its present value will be:
100,000 / 0.01 = $10,000,000.
That will be the price of this "Holy Grail" trading system. If anybody really developed this system and it's currently generating $100,000 each year for them as long as they use it to trade, they wouldn't part from it for less than that amount.
Do you have $10,000,000? If you do, Congratulation!! If not, then I guess you would have to do like the rest of us, develope your own.
Let's say, just for simplicity sake, this "Holy Grail" system will give you guaranteed $100,000 each year forever, as long as it is used to trade. In investment terms, that's called a Perpetuity.
For those of you who are familiar with Investment math, the formula to calcuate the present value of a Perpetuity, how much it is worth today is:
Expected Income / Discount Rate (which we will use current annual interest rate instead and we assume it will stay the same forever)
So, let's say the current annual interest rate is 1%, with a Perpetuity of $100,000 income each year, its present value will be:
100,000 / 0.01 = $10,000,000.
That will be the price of this "Holy Grail" trading system. If anybody really developed this system and it's currently generating $100,000 each year for them as long as they use it to trade, they wouldn't part from it for less than that amount.
Do you have $10,000,000? If you do, Congratulation!! If not, then I guess you would have to do like the rest of us, develope your own.
Make your losses in demo. Earn your profits live.