Search for the Holy Grail in Trading

[jtb790]

Originally posted by autofx
I submit that many of you deny its existence because you
wouldn't know what to do with it if it was within arm's reach.
You're afraid of success. You sabotage yourselves. You've
convinced yourselves that trading is enormously hard, and
present us with tales of woe about how your trading accounts
got wiped out. The harder you try, the more you lose.

"Oh, if only I could find the right technical indicator, or if only I
could find the right charting package, or the right strategy, or the
right online broker, or figure out how to interpret the news...then,
THEN I'd be winner!"

No, you wouldn't. You think like losers. You'll never let yourself
win.

Totally.

[autofx]

garyh,

Dumb and Dumber is one of my favorites too!

Great minds...

[jtb790]

Originally posted by garyh


Now that's really funny! Emotions and thoughts are what most traders blame their trading mistakes on. While most traders are striving for more discipline in trading by using tools that might help their descisions, you are recommended they do what.... guess at it based on what they THINK or FEEL the market may do? And how do you arrive at your trading descisions? What drives you to the moment of saying, "Now's the time to get in the market in this direction", or "It's time to get out!". Do you use stops? How do you determine the placements for those? Gut feeling? Do you look at charts...you'd better not, because that would FAIL! Don't tell me...you're a purist... I bet you would drive a nail into wood using your fist (or would it be your head since it seems to be hard) because using a hammer might cause you to fail?

I must be totally missing what you are trying to say????

A "purist??" How dare you!

Then again, when I first started trading forex... I DID used to carry bags of money back and forth between Canada, the USA, Australia, Europe and Japan.... But, to call that a "purist" ... I dunno.

Sam

[garyh]

Sam, seriously, what methods do you use to trade? News, charts, indicators, animal sacrifices? I don't know of many people who will say all systems will fail, so I'm curious to know what you use to get your direction and timing.

[jtb790]

Originally posted by garyh
Sam, seriously, what methods do you use to trade? News, charts, indicators, animal sacrifices? I don't know of many people who will say all systems will fail, so I'm curious to know what you use to get your direction and timing.

I have this one method where I dress up as a South American tribal warrior and dance around a campfire (works better when the fire is outside your apartment) shouting "EWW-BAHH-WAAH-GAHH! EWW-BAHH-WAAH-GAHH! EWW-BAHH-WAAH-GAHH!"

It works pretty good on USD/CHF shorts... but there has to be a full moon.



Sam

[Maji]

Is that the Joe " Hook" Ross posting these enlightments for us mere mortals? Business must be bad for he has now to forage the forums. Or perhaps business is booming, and he has enough time to make these "freebie" posts. By the way, I didn't read through the entire post from Ross, just like I coudn't read through his overpriced books.



[Please be more polite after all your comments are not directed at a third person but directly at another member i.e. Joe Ross.]

[merlin]

Originally posted by jtb790
I call it my Pure Balls system.

[el cid]

Hi Folks

What is the definition of a Holy Grail?



Is inceasing your account size by 50% annually ,using the same system for every trade... and same entry exit rules..same position size etc etc ,a holy grail?

I believe that's as close to a holy grail system as one will get.Banks will pay interest of 2% and if one can make 50% per annum ....then I am happy to call it a holy grail.


Start with $100k account size *1.5= $5,766,503 in 10 years and that's what I term a holy grail