The Holy Grail. Fact, or Fiction.

Billy Gates

Active member
Apr 19, 2011
161
14
28
#33
There is one for definite. I saw a program on telly and I think some guy called Indiana Jones found it. I remember Hitler tried to take it from him but cannot recall if he got it back.

But it was definitely there.
 

Emini-mouse

Active member
Mar 9, 2007
111
11
28
Matlock
#34
Positive expectancy is a holy grail. If you think of it: correctly executed long series of trades with positive expectancy results in 100% probability of profit. Isn't it what every trader wants? :)
Even a million trades each with a Positive expectancy would not result in 100%
Probability of profit
 
Dec 9, 2013
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#35
Even a million trades each with a Positive expectancy would not result in 100%
Probability of profit
If it didn't I would want to go back to the drawing board and find a new strat. This is over a Month and a lot of round turns, some losers, some winners and some scratches. If I gave up on the strat early on it would be blah but over the course of the month it performed well. Just like any other method. I believe 100% in positive expectancy. Give it a try and see how it shapes up ya.
 

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Emini-mouse

Active member
Mar 9, 2007
111
11
28
Matlock
#36
If it didn't I would want to go back to the drawing board and find a new strat. This is over a Month and a lot of round turns, some losers, some winners and some scratches. If I gave up on the strat early on it would be blah but over the course of the month it performed well. Just like any other method. I believe 100% in positive expectancy. Give it a try and see how it shapes up ya.
Well yes we all believe in having a positive expectancy, an edge,
But that does not result in 100% probability of profit
 

rathcoole_exile

Well-known member
Jun 12, 2007
3,924
766
123
Krung Thep Mahanakhon
#37
"Holy Grail"?

Nothing to do with trading.

The Holy Grail is a dish, plate, stone, or cup that is part of an important theme of Arthurian literature. A grail, wondrous but not explicitly "holy," first appears in Perceval le Gallois, an unfinished romance by Chrétien de Troyes:[1] it is a processional salver used to serve at a feast. Chrétien's story attracted many continuators, translators and interpreters in the later 12th and early 13th centuries, including Wolfram von Eschenbach, who makes the grail a great precious stone that fell from the sky. The Grail legend became interwoven with legends of the Holy Chalice.[2] The connection with Joseph of Arimathea and with vessels associated with the Last Supper and crucifixion of Jesus, dates from Robert de Boron's Joseph d'Arimathie (late 12th century) in which Joseph receives the Grail from an apparition of Jesus and sends it with his followers to Great Britain. Building upon this theme, later writers recounted how Joseph used the Grail to catch Christ's blood while interring him and how he founded a line of guardians to keep it safe in Britain. The legend may combine Christian lore with a Celtic myth of a cauldron endowed with special powers. (from Wiki)

So there....
sorry Richard, but that's exactly what the Holy Grail is NOT
 
Likes: Shakone
Jan 10, 2014
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#43
Anyone who gets serious about trading will ultimately get to the point of chasing after buried treasures that don't exist. The thrill of the bet and the chase of the money can be alluring for anyone. The problem with the human mind is that it has a tendency to create something when nothing is really there. The mind is so powerful that hypnotists are capable of producing a burn on the skin of someone under hypnosis. If the mind is capable of this, and it is, then it is capable of believing in patterns that don't really exist.
 

Pat494

Well-known member
Mar 27, 2004
13,125
1,241
223
#44
Anyone who gets serious about trading will ultimately get to the point of chasing after buried treasures that don't exist. The thrill of the bet and the chase of the money can be alluring for anyone. The problem with the human mind is that it has a tendency to create something when nothing is really there. The mind is so powerful that hypnotists are capable of producing a burn on the skin of someone under hypnosis. If the mind is capable of this, and it is, then it is capable of believing in patterns that don't really exist.
I would put bitcoin in this area.
The gullible are easy meat for the jackals !
 
Jan 19, 2014
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#45
Holy Grail

My perfect Holy Grail would be if traders would have realistic goals when starting to trade.
This is actually more impossible than the Holy Grail.
Whom would profitable traders make profits from?