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The Holy Grail?

  • #1
  • First Post: Dec 19, 2009 2:53pm Dec 19, 2009 2:53pm
I have found it useful to hold the following beliefs in order to trade successfully. I would stress that these are my beliefs and they are probably not true. But they do enable me to trade successfully.

- All technical analysis is fundamentally useless.

- All technical indicators are fundamentally useless.

- All fundamental analysis is fundamentally useless.

- Big traders manipulate price to screw the little traders but they also have to push exchange rates up and down to make money.

- Most times exchange rates fluctuate within a defined range but eventually they trend for a while before settling into a range again.

Once I really accepted these beliefs making money became really easy - but only after I had mastered the real holy grail of trading.

MONEY MANAGEMENT

TRADE MANAGEMENT
  • #2
  • Dec 20, 2009 1:12am Dec 20, 2009 1:12am
Your best bet is to get a large loan from a bank and bet martingale till u get a 100% return then quit. Then again you could play baccarat at a casino.
  • #3
  • Dec 20, 2009 2:09am Dec 20, 2009 2:09am
Hey, if you made consistent profit after 40 trades, then good for you.

Everybody has their own zone of comfort that they can play with to make money.

GL
  • #4
  • Dec 21, 2009 10:57pm Dec 21, 2009 10:57pm
Quote
Big traders manipulate price to screw the little traders but they also have to push exchange rates up and down to make money.

I love this line. Technically, they are market mood swings.

It is a hell to cope up with market mood swings. If you put SL, they get hit. If you dont put SL, it gets in drawdown.
  • #5
  • Edited 12:01pm Sep 16, 2010 11:54am | Edited 12:01pm
After one year of demo trade and one of real trade, I found the Holy Grail. Whom ever wants to use it just email me at [email protected], the secrete is this:

You just need to trade against me. Every single position I trade in the market I got stopped out. sometimes in only one candle. Wouldn´t it be great just to win every time!!! Whenever I saw the words holy grail in this market I thought it was crap, but then I realized it exists.

I have tested my strategy, I use correct risk management, I try to be patient, wait for the candle to close, use orders, read all stuff I can, I guess I have done the right thing, but everytime I trade my account gets diminished.

So, to be serious, I can send you my trades and you make the opposite, you just need to write me and then you will make big bunch of money. Try it! it will work.
  • #6
  • Sep 17, 2010 12:11am Sep 17, 2010 12:11am
Quoting Al_Xdarriaga
After one year of demo trade and one of real trade, I found the Holy Grail. Whom ever wants to use it just email me at [email protected], the secrete is this:

You just need to trade against me. Every single position I trade in the market I got stopped out. sometimes in only one candle. Wouldn´t it be great just to win every time!!! Whenever I saw the words holy grail in this market I thought it was crap, but then I realized it exists.
Priceless humor my man!
  • #7
  • Oct 5, 2011 7:13pm Oct 5, 2011 7:13pm
Quoting fredpro
Hi GuysI’m sure someone who is/has traded(-ing) will be able to put me right on that point.
Not really.
Gone to a better place
  • #8
  • Oct 6, 2011 9:36am Oct 6, 2011 9:36am
Quoting fredpro
EURUSD.......177.......27 (15.2%).........-675..........12110
150 winning trades in 10 days. 80 pips profit per trade on average.
15 trades a day on average.
ATR for EU is now between 150 and 200 pips.
Yet you managed to follow the price for some 1200 pips each day on average.
I am a rookie so maybe I am missing something but how is that even possible?
  • #9
  • Oct 6, 2011 9:46am Oct 6, 2011 9:46am
Quoting Giansar
150 winning trades in 10 days. 80 pips profit per trade on average.
15 trades a day on average.
ATR for EU is now between 150 and 200 pips.
Yet you managed to follow the price for some 1200 pips each day on average.
I am a rookie so maybe I am missing something but how is that even possible?
this dudes got a real important point here.
perhaps he means in 5 decimals?
so he is actually earning 8 pips?

i dont know.
can you clear up the topic ?

thanks mate.
Have I got something on my face, SOLDIER?
  • #10
  • Oct 6, 2011 9:50am Oct 6, 2011 9:50am
@onetowatch,

you'd have to go way deeper than that my friend. If you want to prove all more than hundreds of years of knowledge wrong, i honestly respect you and your challenge to do so and ud preobably win a nobel prize in the proces

BUT prove yourself

i believe the holy grail is ourselves. we create success, failure, profit, loss, etc.

We create and destroy.

Its us. We are the holy grail.

In my perspective.
Have I got something on my face, SOLDIER?
  • #11
  • Oct 6, 2011 10:00am Oct 6, 2011 10:00am
Quoting bumapatria
perhaps he means in 5 decimals?
so he is actually earning 8 pips?
From what I have noticed usually when people post their pip results using 5 decimal quotes they use a comma (point) in pip values e.g. +12,3 pips.
  • #12
  • Oct 6, 2011 10:14am Oct 6, 2011 10:14am
Quoting Giansar
From what I have noticed usually when people post their pip results using 5 decimal quotes they use a comma (point) in pip values e.g. +12,3 pips.
maybe he gets 1200 pips added profit from like i dont know how many more lots.
Have I got something on my face, SOLDIER?
  • #13
  • Edited 3:17am Oct 7, 2011 2:30am | Edited 3:17am
Quoting fredpro
So for you doubters out there I really do mean 1,211 pips (thats one thousand two hundred and 11) from 177 trades, no if, buts or ahs.
In that case all I can say is that if you can get these kinds of gains consistently you are probably the most successful scalper ever.
And on behalf of the world I can only ask you: please do not trade like that or we are all doomed!

If I calculated correctly, if we assume your risk/reward ration is 1:1 then if you trade risking 1% of your equity and start with $1 000 you'll have $20 000 after a month. If you risk 2% you'll have almost $400 000.
And let's face it - with the kind of win/lose ratio you have you can safely risk 5% per trade, which compounded will leave you with roughly $ 2 000 000 000 (that's two billion) after one month of trading from initial $ 1 000. After another week you'll have almost 100 000 000 000 (that's one hundred billion) and after some another week the entire world economy will have collapsed.

And all this mayhem only from trading the EURUSD - I didn't even considered the other pairs.
  • #14
  • Oct 7, 2011 2:48am Oct 7, 2011 2:48am
Quoting Giansar
In that case all I can say is that if you can get these kinds of gains consistently you are probably the most successful scalper ever.
And on behalf of the world I can only ask you: please do not trade like that or we are all doomed!

If I calculated correctly, if we assume your risk/reward ration is 1:1 then if you trade risking 1% of your equity and start with $1 000 you'll have $20 000 after a month. If you risk 2% you'll have almost $400 000.
And let's face it - with the kind of win/lose ratio you have you can safely risk 5% per trade,...



hahhahhaha dude.


hey threadstarter, are u sure u didnt get it mixed up? with 5 decimals?

can u post an account statement by cropping it like this?


i dont doubt.
i want to see.
u can talk.
now prove

i mean... reaaliisticly... say u even have the skill ( im not doubting for now) that u can make 100 PIPS on 1 PAIR ONLY. ure still 1100 pips down from ur daily usuals.

so u need to trade 12 pairs and HIT THE AVERAGE RANGE OF 100 PIPS.

possible?yes. Probable?. dunno.

can u prove PLEASE...


ADD: to have 1200 pips logically from eu alone would take around.... 12 days or less.
The thing is u must lose once in a while no? and also it would be hard to capture even 80%+ of daily range.

if u do i bow down to u.
which i still wont do, until u have some proof.
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Have I got something on my face, SOLDIER?
  • #15
  • Oct 7, 2011 3:21am Oct 7, 2011 3:21am
Quoting bumapatria
it would be hard to capture even 80%+ of daily range.
The only strategy that can do that consistently that I know of is the Amazing Strategy.
  • #16
  • Oct 7, 2011 3:27am Oct 7, 2011 3:27am
Quoting Giansar
The only strategy that can do that consistently that I know of is the Amazing Strategy.
which is?

lol
Have I got something on my face, SOLDIER?
  • #17
  • Oct 7, 2011 3:36am Oct 7, 2011 3:36am
Quoting bumapatria
which is?
Oh man!
How can you even call yourself a trader if you don't know about AS!!??
http://www.forexfactory.com/showthread.php?t=405

Pray that Chicky and merlin don't stumble upon this thread because if they do they will ban you from FF for like forever and then they will hunt you down and kick your butt till kingdom come!
  • #18
  • Oct 7, 2011 4:31am Oct 7, 2011 4:31am
Quoting Giansar
Oh man!
How can you even call yourself a trader if you don't know about AS!!??
http://www.forexfactory.com/showthread.php?t=405

Pray that Chicky and merlin don't stumble upon this thread because if they do they will ban you from FF for like forever and then they will hunt you down and kick your butt till kingdom come!
hmmm...


coool

merlin's a real old member.

is he still on?
Have I got something on my face, SOLDIER?
  • #19
  • Oct 7, 2011 4:42am Oct 7, 2011 4:42am
Quoting bumapatria
is he still on?
I am not sure.
But his heritage surely lives on.
  • #20
  • Oct 26, 2011 11:03am Oct 26, 2011 11:03am
Hello,
Here is my Holy Grai EA.
Try and let me knov.
[email protected]
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