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 Hoggums A sad lession from those of us that know. Anybody - ANYBODY - can predict five ...

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Old May 6, 2010, 9:32am   #137
Joined Apr 2010
Re: The final Holy Grail!

Quote:
Originally Posted by Hoggums View Post
A sad lession from those of us that know.

Anybody - ANYBODY - can predict five good trades in a row - this does not make a good trader.

It's how you handle the bad trades that defines how good a trader you are.

Maybe medbs will get lucky and the trades will switch direction - then he'll be back telling us how fantastic his system is and how we all know nothing.

in the mean time I'll just sit here smugly knowing what I and a few others predicted would happen DID happen. We've been there, done that, got the t-shirt - but when we try to impart some of our knowledge and warn people against such rubbish we get shot down. There's a reason why we have been on this board a long time - and that is we've learned from our mistakes.
For the time being, he is quiet. Think the Grail went back to the Castle of Aaaaaaargh....
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Old May 6, 2010, 9:34am   #138
Joined Dec 2006
Re: The final Holy Grail!

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Originally Posted by Hoggums View Post
A sad lession from those of us that know.

Anybody - ANYBODY - can predict five good trades in a row - this does not make a good trader.
THAT WAS 12/ TRADES NOT ONLY 5 TRADES
It's how you handle the bad trades that defines how good a trader you are.
I AGREE with you, a good trader knows how to manage the drawdowns also

Maybe medbs will get lucky and the trades will switch direction - then he'll be back telling us how fantastic his system is and how we all know nothing.
It's not a probability, it will switch direction and i'll be in profit tomorrow friday.

in the mean time I'll just sit here smugly knowing what I and a few others predicted would happen DID happen. We've been there, done that, got the t-shirt - but when we try to impart some of our knowledge and warn people against such rubbish we get shot down.
My statement will talk for me and answer you and your fellow.

There's a reason why we have been on this board a long time - and that is we've learned from our mistakes.
I have to say that i did take highly risky trades, and that, if i was expecting such replies, i would not posted them here.
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Old May 6, 2010, 9:43am   #139
Joined Dec 2006
Re: The final Holy Grail!

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Originally Posted by Ninja_Trader View Post
Wow, look at all the people freakin out over the "loss" that his trades are showing. Yet he seems to pull through with a profit.

Just goes to show patience perseveres.

I'd say half the posters are more geared toward "scalping" than long term patient trading.

Good on ya medbs.
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Old May 6, 2010, 9:59am   #140
 
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Joined Jan 2006
Re: The final Holy Grail!

Quote:
Originally Posted by Hoggums View Post
A sad lession from those of us that know.

Anybody - ANYBODY - can predict five good trades in a row - this does not make a good trader.

It's how you handle the bad trades that defines how good a trader you are.

Maybe medbs will get lucky and the trades will switch direction - then he'll be back telling us how fantastic his system is and how we all know nothing.

in the mean time I'll just sit here smugly knowing what I and a few others predicted would happen DID happen. We've been there, done that, got the t-shirt - but when we try to impart some of our knowledge and warn people against such rubbish we get shot down. There's a reason why we have been on this board a long time - and that is we've learned from our mistakes.
Donít put yourselves on a pedestal...please. Look at how many times other people have been shot down in flames for trying to impart their hard earned trading knowledge...tight STOPS anyone?

People must either conform to the sickening ethos and mainstream thinking of this forum or they get shot down in flames.

If only you others could SILENTLY sit there smugly knowing what would happen, just like medbs requested. I sincerely hope medbs succeeds with his journal and does NOT tell anyone about his system thereby keeping the undesirables in the dark, where they belong!


Carry on blustering
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Thanks! The following members like this post: trendie , leovirgo
Old May 6, 2010, 10:07am   #141
Joined Dec 2006
Re: The final Holy Grail!

Quote:
Originally Posted by new_trader View Post
Donít put yourselves on a pedestal...please. Look at how many times other people have been shot down in flames for trying to impart their hard earned trading knowledge...tight STOPS anyone?

People must either conform to the sickening ethos and mainstream thinking of this forum or they get shot down in flames.

If only you others could SILENTLY sit there smugly knowing what would happen, just like medbs requested. I sincerely hope medbs succeeds with his journal and does NOT tell anyone about his system thereby keeping the undesirables in the dark, where they belong!


Carry on blustering
Thank you for your support and all of your posts.
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Old May 6, 2010, 10:25am   #142
 
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Re: The final Holy Grail!

Quote:
Originally Posted by new_trader View Post
Donít put yourselves on a pedestal...please. Look at how many times other people have been shot down in flames for trying to impart their hard earned trading knowledge...tight STOPS anyone?

People must either conform to the sickening ethos and mainstream thinking of this forum or they get shot down in flames.

If only you others could SILENTLY sit there smugly knowing what would happen, just like medbs requested. I sincerely hope medbs succeeds with his journal and does NOT tell anyone about his system thereby keeping the undesirables in the dark, where they belong!


Carry on blustering
So we all keep quiet and more newcomers arrive, read this and think - I can do that and subsequently blow their account - perhaps their life savings after a few weeks of getting it right following this method.

That would be irresponsible.

I don't care if people disagree but I think it is important that the "dark" side of such a strategy is highlighted.
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Old May 6, 2010, 10:27am   #143
Joined Apr 2010
Re: The final Holy Grail!

Quote:
Originally Posted by Hoggums View Post
So we all keep quiet and more newcomers arrive, read this and think - I can do that and subsequently blow their account - perhaps their life savings after a few weeks of getting it right following this method.

That would be irresponsible.

I don't care if people disagree but I think it is important that the "dark" side of such a strategy is highlighted.
Hoggums, I fully agree with you. It is immoral NOT to highlight the dangers of this "strategy".

TR
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Old May 6, 2010, 11:27am   #144
 
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Re: The final Holy Grail!

I started out defending this chap, or at least challenging some of the challenges, but I must admit some of the trades have got a bit more bizarre as the thread has gone on (can't really honestly say "progressed"). But while I don't go along with some of the main criticisms made (I do agree with others), my main problem with the thread and the OP has been:

1- The ridiculous thread title, and the apparent arrogance it betrays. It reminds me of the teenage wonders we get on here from time to time. Really, there should be an age limit on access to the net ... no one under 21 (and no one under 35 should be able to vote :-) ). Assuming you are over 21 chap for goodness sake try to get the thread title changed, or start a new one and get the mods to delete this one (copy over your trades, minus the arrogance).

2. The lingering suspicion that behind all this he is going to try and sell something, which I don't think he's denied, not that he has done much to inspire buyers so far.


I'm guessing that English is not his native language and this may be part of the problem. If he meant "Holy Grail" in an ironic way, perhaps he lacks the English skills to get this across linguistically. Also, given the way the thread was initially presented, what is sadly lacking is at least an occasional balance or summary sheet. Still he said it would go on until the end of May, so it's early days yet really isn't it?
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