The Final Holy Grail Journal Discussion Thread

alan5616

Established member
656 40
Re: The final Holy Grail!

A tough time to be Long € and GBP vs USD. It may turn around but, you'd need balls of steel to ride this out, especially if a hung parliament materialises, here in the UK.
 

thomasadair

Newbie
6 0
Re: The Final Holy Grail Discussion Thread

I try to be. What markets do you run arb on, Forex, or others? Without giving away anything, what is your strategy based upon?

I have only arbitrated the Equity market, thought it can be done in other markets. I do use knowledge in the other markets in the Equity market, but the others markets are not as visible as I need them to create an arbitrage.

My strategy is very simple, I buy and sell at the same time, and profit the difference in price. That is done in the markets all the time using big computers, but I developed a way to do it without those big computers. I also produce approx 1% every 10 days.

If the knowledge was made known, then the people with the power, can get congress to make what I do illegal.

Thomas
 

meanreversion

Senior member
3,398 535
Re: The final Holy Grail!

Crikes, they're predicting 307 Tory seats. At the very time we need strong leadership, we'll end up with politicians in backrooms making deals. Sweet..
 

Hoggums

Senior member
2,175 877
Well todays move must have totally wiped out medbs. Good riddance and shame on you to all who supported him.

BTW what has happened to all of his postings on this thread? Why were they deleted?
 

new_trader

Legendary member
6,181 1,258
Well todays move must have totally wiped out medbs. Good riddance and shame on you to all who supported him.

BTW what has happened to all of his postings on this thread? Why were they deleted?
No shame here, each to their own. It is a journal and we haven't reached the end of May yet. In another thread somebody is talking about borrowing money to trade. Neither you or anyone else from the self-righteous mob have said anything about the idea so I suppose you endorse the idea of borrowing money to trade.
 

new_trader

Legendary member
6,181 1,258
Do you seriously think it is going to be profitable at the end of May? How much did he lose yesterday?
I don't have any view on his trading system, methodology at all. I don't even trade currencies. It seems that you and others seem to 'know' exactly what he is doing...amazing!
 

new_trader

Legendary member
6,181 1,258
Actually, I have moved money around here and there. A few months ago, figuring the worst for the U.K economy, I moved £50K into another currency and I am up over 5%!:clap:
 

bbmac

Veteren member
3,584 785
Another one bites the dust!

It's probable that the thread starter won't grace this thread again, and just looking at the gbpusd trade ....long 5152 it has gone a max -675 pips into the red so far, so even if price comes back and he takes a profit, it is doubtful on past profits posted to the thread, that it will be anything like say a 1:1 r:r...and allowing a trade to go -675 pips against you is no way to trade in the context of what we understand about the historical success of his 'holy grail.'
 

Dinos

Veteren member
4,112 713
Re: The final Holy Grail!

As I posted before, its all Bullsh1t, who in their right mind would allow a trade to go -675 against you, no doubt, as sure as day become night and night becomes day, should this recover the -675 and make a profit, no doubt Mmebs will state, it was all in the plan and excuted per say, bull, bull, bullsh1t, utter poppycock. for the record, whilst mmbes was sitting watching his position go against him I, probably like a lot of you, were shorting the trade and making pips, or is that to simple to understand, or is it just me. Hence my motto below, says its all, perhaps should add, go against the trend 675 and your likely to get shafted big style imho
 

trendie

Legendary member
6,078 973
Re: The final Holy Grail!

Once again, the holy grail has taken a life.

R.I.P Medbs
to be pedantic the Holy Grail is alive and well.

what has been buried is the idea of holding onto losing trades indefinitely in the belief they will always come back to BE.

a losing trade in not unlike the rope needed to hang you.
don't give the market too long a length. (oohhh errr, missuss!!)

(Hope you grabbed some pips in the recent moves. Have a great weekend.)