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; Primary rules for traders include: Detach ego from trading. Don't marry trades. A loss is part of business expenses. Accept ...

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Old May 6, 2010, 1:38pm   #161
 
Mr. Charts's Avatar
Joined Sep 2001
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!

Quote:
Originally Posted by Ambrose Ackroyd View Post
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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Joined Nov 2003
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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Old May 6, 2010, 3:04pm   #166
Joined Apr 2010
Re: The final Holy Grail!

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Originally Posted by brettus View Post
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...

very good, hope is always good!

For the Eurdollar only 200 pips to go for break even. Excellent money management!!
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Old May 6, 2010, 3:23pm   #167
 
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Joined Apr 2010
Re: The final Holy Grail!

Traderunner, do you not realise that he is value investing based on technical analysis? Just because these trades are highly leveraged and no correllations have been considered in this swing based coin flip unlimited downside limited profit system it's no need to be rude.

As I said in my first post on this thread when there were two winners.

0.5*0.5 = 0.25.

Thats a nice 1 in 4 chance of the sun shining before it all went t1ts up.
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Old May 6, 2010, 3:27pm   #168
Joined Jan 2009
Re: The final Holy Grail!

Quote:
Originally Posted by rathcoole_exile View Post
yes, I think the technical term for it is "burying one's head in the sand"
Disregarding loss making endeavours = PFI in this country.
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