It exists.
Denying it will not help you.
Its in me. Might be my gut, but more likely between my ears.
Its in me. Might be my gut, but more likely between my ears.
1. The holy grail of making money in trading is not actually to make money, but to not lose money...
Avoiding losers is not really my thing, high strike rate systems tend to cause me psychological issues, but if not losing money's your bag, I can recommend reading Richard Olsen's free e-book which is titled "How to Trade"
A word of warning, I wouldn't recommend applying the principles he discuses to scalping.
Now that could be it.I thought the first line read "Its exits"! :cheesy:
Probably too much caffeine or sugar, or maybe something more potent.
As you were so generous with your wisdom, I am happy to share with you mine. I actually really have found the holy grail, and that was after this thread got started. I always had it and just didn't know it was there. While posting in this thread, it finally dawned on me what the holy grail looked like in one of its many guises.
Here is, then, my wisdom:
1. The holy grail of making money in trading is not actually to make money, but to not lose money.
2. The goal of any trade is to get a free shot
If these simple rules can be masterfully and effectively applied, unending riches is guaranteed.
You had it all this time and didn’t tell!!
I didn't know I had it until you came along and made me think about the holy grail. Well done. I am applying my holy grail as we speak and it's working - not a single lost trade out of 5 with 1 ongoing with a running profit.
Joe - This little piece of wisdom already had more impact than I could ever have hoped. If I ever get another insight I’ll share that too!.
Does exist, but not easy to find. Why? Seems to far because it is so close due to the laziness and the lack of courage to deal with the nitty gritty.
Surely it cannot be borrowed.
Its in me. Might be my gut, but more likely between my ears.
It is very possible that the OP is not referring to anything related to trading especially after the above post.
Paul
It exists.
Denying it will not help you.