The HOLY GRAIL

It may take a few more posts but you should be getting the idea by now.

The HG is different things to different people. We can each have one and they all be different.

If your desire is to buy a bigger house and your trading system allows you to do it, haven't you found your HG?

The Grail is inanamite and liquid. It can take many forms and cannot be caught. It can, however, be befriended.

Good answer Bemac

The Holy Grail is to close your eyes, click the button, go long or short whatever & you make money every time you click....



Thanks,

Nader

I think your better of hitting the lotto. :


turbo

If a system takes you from $10,000 to $1,000,000 with 60% winning in 1-2 years... it's not HG?

To me, the Holy Grail is when you realize that you are empowered, can do it yourself, and you don't have to look for it outside any more.

Twoblink...

I would buy stock in a company which tried to do half of those things, in particular create renewable clean energy. Asynchronous computing even more so.

I will be limiting stock and fundamental trading to ten percent of my risk, since I dont intend to become aware of anything outside Forex in a serious way.

But I have to agree with gr8 dane: A system that is consistently profitable under all market conditions. That would be a holy grail.

It is also individual: For some people it would have to be 80%, or 90, 95, or even 100% reliable for it to qualify 'for them' as a holy grail. A system where your sum positions on all major markets simultaneously would always be a win would be easier in theory than a system which picks one trade at a time and it always right, or even 95% right. Such a system assumes that the information to that certainty exists in some form for such a system to extract, it assumes the system does not have some quantum uncertainty to it (or that the nervous systems it is based on do not). I would hate to have goals that lofty.

Such a system would vary it's parameters for trending, ranging, and choppy markets as well as precluding trading during the news.

to win 6 out of 10 trades with the same risk/reward ratio.

Way to go niceguy, thats my definition also.

grin.

Since seeing the DaVinci Code movie my (not-so-serriously-taken) definition of the HG has changed a bit. . . So now mine would include my trading partner/wife profitably managing any open trades i may have while i'm away of business or just out and about doing stuff for "family".

: ) Thom

Discipline and patience are the Holy Grail. The 2 thing I lack but am working on. Patience is waiting and I HATE waiting. Disipline means obedience to rules and I am a rebelious soul. I make the rules so I can break the rule right? Well yes, but as I tell my kid I then pay the consequences (loss of capital). Did I mention I hate to wait for things.

i feel ya on that those 2 are keys to success but tough to keep hold of

If you've found the holy grail, then you will know it. Its a crystalization of the moment where you know where every tick from that point goes, its riding the waves of volatility, against the spread, entering market orders and being down 5 pips on entry and knowing you will come out on top in the end.

Those days when you've found the holy grail, its easy to make 100% in 24 hrs.

Since the Grail is up for discussion, this gives me the chance to salute Twoblink and his brilliant tag line, "The greatest trick the Trend Traders ever played, was to convince everybody else there is no Holy Grail."

I'm with Twoblink, there's no such thing!

Had doubts in backtesting, but now my systems are forwardtested for 4 months now
http://www.forexfactory.com/forexfor...ht=backtesting

Does it make systems more reliable???

forward testing LIVE is the only reliable test there is :


so once youve got that down then you'll have your own personal holy grail, cos the holy grail is more a mental understanding of your own strategies as opposed to the strategy itself.

so if you do have your holy grail i'm sure you'll come back and donate a nice chunk to everyone on FF for being nice and stuff

good luck mate.

THE HOLY GRAIL INDICATOR YOU HAVE ALL BEEN WAITING FOR. You Ready? SCroll Down/
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And the magic indicator is $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Yup that's right. i found it. The price is the best indicator.
Bob Barker was right after all. The price is right.

http://www.filehigh.com/serve/1/118.gif

I found something today as well. It is this freckle on my underarm.. with a hair growing out of it!!

Now, I know it isn't the secret to youth, wealth or happiness.. but today it was quite significant! I can't wait to see what I find tomorrow!

I found the holy grail a long time ago. You buy low and sell high. Try it. Works like a charm.