The Final Holy Grail Journal Discussion Thread

This is a discussion on The Final Holy Grail Journal Discussion Thread within the General Trading Chat forums, part of the Reception category; Originally Posted by new_trader you actually believe... actually believe that you are acting responsibly I consider 99.9% of the advice ...

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Old May 6, 2010, 11:57am   #151
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Re: The final Holy Grail!

Quote:
Originally Posted by new_trader View Post
you actually believe...actually believe that you are acting responsibly

I consider 99.9% of the advice in this entire forum to be irresponsible nonsense...so am i acting irresponsibly by keeping quiet? I've tried in earnest to get people to think differently and what did i get in return? Scorn, criticism, banning’s and threats of a ban, but still, my favourite is "each to their own". What an un-f*cking believable contradiction to your ideal, don't you think?

So...is it "each to their own" or do i don a super-hero cape like you and the rest of the undesirables and swoop in to 'save' newcomers from the appalling advice being regurgitated from thread to thread?

Wasp was one of the most respected members in this forum, constantly being praised and gaining adoration for his advice...what happened to him?

what about 'the expert', look what happened when he tried to impart his trading advice. The undesirables focus way too much attention on the way content is delivered rather than the content itself.

Anyway, the internet is littered with websites offering 100% systems...you better get busy
and what bothers me most, is when i make profitable trades and many $, no one here open his mouth, i must take a very risky trade and let it go againt me to see legendary and veteran members posting & preaching their knowledge.
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Old May 6, 2010, 11:57am   #152
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Re: The final Holy Grail!

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Originally Posted by new_trader View Post
To save newcomers from people like you, OK?
Ah, so your mission is to explain to everyone here that everyone else is talking crap. Essentially, you'd like to see this website shut down, in order to "save" people from being exposed to "bluster". Got it.
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Old May 6, 2010, 12:39pm   #153
Joined Aug 2003
Re: The final Holy Grail!

[QUOTE=meanreversion;1120152]They haven't been closed, so don't count towards the stats, I think that's how he's approaching it?[/QU

So he is down 300 odd points and is waiting for it to turn so he can grab a quick few points, as seems to be the case in his earlier posts.


Even trading 5 pounds a points its is probably a mighty chunk of most new traders capital.

Hopefully no one is taking this thread seriously and simply enjoying it for its amusement value.

I have to see if I can possibly award it "most comical thread" status and add a danger warning to it.
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Old May 6, 2010, 12:40pm   #154
 
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Re: The final Holy Grail!

Medbs, when considering the irrefutable evidence of massively offside positions that you are holding on to have you considered that you may have really been lucky with your other trades and your system just isn't 100%?

Actually to think that anyone can get 100% all of the time considering the massive variables and market dynamics that encompass each and every market and directional trade is IMO quite idiotic. Even the Tudor Jones is wrong sometimes mate.
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Old May 6, 2010, 12:42pm   #155
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Re: The final Holy Grail!

Quote:
Originally Posted by new_trader View Post
You actually believe...actually believe that you are acting responsibly

I consider 99.9% of the advice in this entire forum to be irresponsible nonsense...so am I acting irresponsibly by keeping quiet? I've tried in earnest to get people to think differently and what did I get in return? Scorn, criticism, banning’s and threats of a ban, but still, my favourite is "EACH TO THEIR OWN". What an un-f*cking believable contradiction to your ideal, don't you think?

So...is it "each to their own" or do I don a Super-hero cape like you and the rest of the undesirables and swoop in to 'save' newcomers from the appalling advice being regurgitated from thread to thread?

WASP was one of the most respected members in this forum, constantly being praised and gaining adoration for his advice...What happened to him?

What about 'The Expert', look what happened when he tried to impart his trading advice. The undesirables focus way too much attention on the way content is delivered rather than the content itself.

Anyway, the Internet is littered with websites offering 100% systems...you better get busy
Plonker

As for wasp....I have it on good authority that his bankruptcy hearing is this very week.
This is what happens when wannabees **** off the wrong people.
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Old May 6, 2010, 12:43pm   #156
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Re: The final Holy Grail!

Yikes, don't wind him up, he's already very angry..
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Old May 6, 2010, 12:44pm   #157
 
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Re: The final Holy Grail!

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Originally Posted by meanreversion View Post
They haven't been closed, so don't count towards the stats, I think that's how he's approaching it?
yes, I think the technical term for it is "burying one's head in the sand"
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Old May 6, 2010, 12:54pm   #158
Joined Mar 2010
Re: The final Holy Grail!

Swiss national bank have been sitting on the bid all morning in EURCHF and have just pulled it, and eurchf just come off, so you're dollar swissy might come back you lucky boy. Saying that i think they have succumbed to the fact that fair value in EURUSD is alot lower now. Good for CHF bad for Euros.
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Old May 6, 2010, 1:01pm   #159
 
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Re: The final Holy Grail!

"100% Holy Grail", hmmmm, wots that smell?, got it "BULLSH1T", no sensible trader would allow a position to go, so far offside, I note one post ej, being -110 offside, which says to me you got it wrong, by that point, I would have accepted the loss and I would have assumed that I would have had a short signal by then, and perhaps maybe by a reversal back long.

Drives me insane these types off threads, but I keep getting drawn back to them, if it were that good, I for one would keep my mouth shut and milk the markets, not brag about it, then again, what do I know, I've only being trading 15 years.

A thought,ej was down (110), say at £1, per point, most could (but shouldn't) handle that, at say £100, per pip, a diffirent ball game altogether, personally cannot see why you would hang on to such a large move against you, but perhaps thats why I'm still in the game and trade full time for a living and happy to accept losses, as losses are part of the 'game' and form part of my winning strategy, cut losses quickly and get back into the trade later when the conditions suit, why sit there watching margin erode, each to their own, but still maintain, 100% is bullsh1t.

Not saying I do £100 a pip, just for example only
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Old May 6, 2010, 1:28pm   #160
Joined Jun 2008
Re: The final Holy Grail!

No Stops = No system

Spanish stops can be used successfully, but only if you are, for instance the US FED, as you can keep doubling down as long as you want, and have the clout to push the market.

Thanks for the laugh OP
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Old May 6, 2010, 1:38pm   #161
 
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Re: The final Holy Grail!

Primary rules for traders include:
Detach ego from trading.
Don't marry trades.
A loss is part of business expenses. Accept and minimise as you would any business cost before it swamps you.
You're not good or bad depending on your trades. You are profitable or not to whatever extent.
Divorce that from your self-esteem.
Don't boast or you'll end up like Gordon Brown (I have abolished bust and boom).
Be modest and humble.
Enough navel-gazing psycho-babble, time to look for winning stocks
Richard
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Old May 6, 2010, 1:45pm   #162
Joined Aug 2009
Re: The final Holy Grail!

I am rather glad that Brown didn't manage to abolish busts and boom boom.
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Old May 6, 2010, 2:00pm   #163
 
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Re: The final Holy Grail!

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I am rather glad that Brown didn't manage to abolish busts and boom boom.


You wait, if Cleggy boy keeps him in power, they'll tax busts and boom boom.
In the words of Gordon Brown:
"In these difficult times, all pleasures should pay their fair share in tax so we can support hard-working families. We will be reducing unemployment by creating many jobs to ensure compliance and to catch those who already have generous busts and frequently boom boom and who may try to evade this very reasonable tax.
This will add £14 billion to our economy and some will reduce the deficit and some will be put into the rubber doll industry in which we are the world leaders (as in everything else since I came to power).
Our opponents say they will cancel these measures. Let me tell you, if you take £14 billion out of the economy by cancelling these just measures, we will sink into a double dip recession..........."
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Old May 6, 2010, 2:12pm   #164
 
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Re: The final Holy Grail!

Thinking about it, I recall seeing a trading statement just like the ones provided from another trader, can't think who it was, but he professed his own ability, guess what, he's not trading now, odd, same company as well, never mind.

The style and type of statement, shown, is easily replicated on Excel as well, hmmmm
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Old May 6, 2010, 2:50pm   #165
Joined Mar 2010
Re: The final Holy Grail!

Medbs. Your short USDCHF trade almost reached its target of 1.1039 unfortunately fell 1 pip short of making a pip from that trade. It might come about soon though. Resistence became support maybe...
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