Article The Market Holy Grail: Fact or Fiction

[SOCRATES]

"the SUB CONSCIOUS will automatically find the solution to any problem "

Would this include Finding the trading grail (which could be All Of YOU ) transformed into squiggly lines.

Hmm, so the grail can be created , why does the author suggest otherwise? ahh he says it's YOU, but you can transfer YOU your output? Its inside your head and ohh look, now its squiggly lines on a screen? So that can be done?

Hmm , Im not sure as the author says dont look for it.. but then reading what you said it suggests any problem solved...... who is telling fibs please?

You are on the right track.:cheesy:

 

[rols]

Not at all, but it will not be found out there, in a black box. Rather it will be found in there, when light is allowed to alluminate the dark spaces within.

Trading is technically not that hard, but it can be made as intellectually as hard as one likes. It boils down to a simple fact of buying something at one price and selling at a higher price, enough to cover all the associated expenses.

Performing technical or fundamental analysis provides an edge in which you try to weight the odds a more and more on your side.

Creating a plan, sticking to good money management and removing psychological barriers are all needed to ensure one survives long enough to see the edge's probability take place.

The grail is understanding and accepting the true nature of probability.

Charlton

If Pat will permit me to post this for those who are interested. I thought it was aposite to this thread.

Man tries to make for himself in the fashion that suits him best a simplified and intelligible picture of the world. He then tries to some extent to substitute this cosmos of his for the world of experience, and thus to overcome it -- .He makes this cosmos and its construction the pivot of his emotional life in order to find in this way the peace and serenity which he cannot find in the narrow whirlpool of personal experience -- .The supreme task -- is to arrive at those universal elementary laws from which the cosmos can be built up by pure deduction. There is no logical path to these laws; only intuition, resting on sympathetic understanding of experience, can reach them -- .


Albert Einstein

 

[SOCRATES]

If Pat will permit me to post this for those who are interested. I thought it was aposite to this thread.

Man tries to make for himself in the fashion that suits him best a simplified and intelligible picture of the world. He then tries to some extent to substitute this cosmos of his for the world of experience, and thus to overcome it -- .He makes this cosmos and its construction the pivot of his emotional life in order to find in this way the peace and serenity which he cannot find in the narrow whirlpool of personal experience -- .The supreme task -- is to arrive at those universal elementary laws from which the cosmos can be built up by pure deduction. There is no logical path to these laws; only intuition, resting on sympathetic understanding of experience, can reach them -- .


Albert Einstein

There you are....and he wasn't a trader. Beautifully put, I must comment.

 

[Pat494]

If Pat will permit me to post this for those who are interested. I thought it was aposite to this thread.

[

Hope I didn't give the impression I was anti posting or something ?
Another Pat perhaps

 

[CYOF]

"the SUB CONSCIOUS will automatically find the solution to any problem "

Would this include Finding the trading grail (which could be All Of YOU ) transformed into squiggly lines.

It will depend on YOUR way of thinking - if you really believe that you can make your Vision a reality, then why should you not be able to do so. YOU create YOUR own successes - and YOUR own failures.

Hmm, so the grail can be created , why does the author suggest otherwise? ahh he says it's YOU, but you can transfer YOU your output? Its inside your head and ohh look, now its squiggly lines on a screen? So that can be done?

The author is entitled to his opinion - but it is that - his opinion.
How YOU interpret information - squiggly lines on a screen - will again be dependent on how YOU think - this is a fact. It is also a fact that YOU can improve YOUR way of thinking so that YOU can achieve your set Goals.

Hmm , Im not sure as the author says dont look for it.. but then reading what you said it suggests any problem solved...... who is telling fibs please?

The same information will be interpreted differently by each person - again it is how YOU think that will make the information a lie or a truth for YOU.

Interesting posts and comments - I will add a new post to the How To Think Correctly thread in the Psychology section, for further comments.

 

[neil]

Chump

Well the Holly Grail I was at school with was a very decent sort of lass.

Chump behave will you.
This is a SMUT FREE board :cheesy:

 

[dc2000]

The Grail of Trading does it exist

YES

The grail of trading is a method of trading the markets that has a high win/loss ratio, is profitable in nearly all market conditions and can be traded by someone who has very little market knowledge

It has nothing to do with psychology and finding oneself

Trading is a business its not personal

 

[equtrader]

The Grail of Trading does it exist

YES

The grail of trading is a method of trading the markets that has a high win/loss ratio, is profitable in nearly all market conditions and can be traded by someone who has very little market knowledge

It has nothing to do with psychology and finding oneself

Trading is a business its not personal

I agree. The article is somewhat esoteric. It reminds me of a Buddhist priest's selling point: "the truth is in you". We aren't dealing with metaphysics or psychology here. A Grail is a Grail regardless of whether someone doesn't succeed with it. Someone else will.

Definition of the Grail of Trading: Success rate = 100%

Anything else is not the Grail. Beware of cheap imitations.

Does It exist? I don't know.

Joe

 

[Legion]

Success rate = 100%

Anything else is not the Grail. Beware of cheap imitations.

Does It exist? I don't know.

Joe

100 % ? thats a big number Joe. what about sudden news shock's? there must be a % or few thats gonna dent 100% over time

 

[andycan]

The holy grail i hasten to add would have to mean perfection.
and as it stands its pretty unlikely anyone over a meaningful period of time would be able to achieve this.
Thus the question needs to be raised whether the holy grail is the end result of money or perfect trades.
we know perfect trades though a romantic notion is not realistic but we can achieve profitable trading accounts without having to achieve 100% success rate on trades
therefore the holy grail in a realistic scenario must mean consistently profitable as opposed to consistently winning

 

[SOCRATES]

A fascinating thread this is turning out to be.... truly rivetting.

 

[TWI]

therefore the holy grail in a realistic scenario must mean consistently profitable as opposed to consistently winning

I would call that a consistently profitable trading system rather than "the holy grail". I would expect something miraculous from a holy grail if such existed, which it does not.

 

[andycan]

the key word is realistic

 

[TWI]

What is realistic about the holy grail?

 

[andycan]

literally speaking its a myth but we all know in this case it means something else
it means to achieve perfection or thats what most believe it to mean
perfections is unrealistic but to make money is not but then again for those that dont make money or are trying to, the thought of making money consistently would probably be looked upon as a 'holy grail'

 

[Pat494]

The holy grail i hasten to add would have to mean perfection.
and as it stands its pretty unlikely anyone over a meaningful period of time would be able to achieve this.
Thus the question needs to be raised whether the holy grail is the end result of money or perfect trades.
we know perfect trades though a romantic notion is not realistic but we can achieve profitable trading accounts without having to achieve 100% success rate on trades
therefore the holy grail in a realistic scenario must mean consistently profitable as opposed to consistently winning

How true of life generally I think. One strives to inch nearer and nearer to perfection knowing that it is not possible to ever achieve it. In many cases without even realizing it.
Some even strive in the perfection of evil.

 

[trendie]

How true of life generally I think. One strives to inch nearer and nearer to perfection knowing that it is not possible to ever achieve it. In many cases without even realizing it.
Some even strive in the perfection of evil.

the holy grail could be recognising and accepting there is no perfection, and accepting the reality for what it is, rather than what we wish it to be.

 

[Pat494]

One should imho have goals/targets in life or living devolves into merely existing. The journey in life is to attain something or get part way to perfection. It gives energy and purpose to life.
I aim for 100% success in trading, even while knowing its not possible. It is however possible to get better and better at it. There lies the fascination of trading for me and perhaps for you.........

 

[Charlton]

Trading is a business its not personal

dc2000

You are right - it should be a business for it to be successful, and psychological/emotional baggage should not be a part.

The problem is that many are not consistently successful. Whether the reasons are related to the process of analysis of the markets, the execution of the trades, risk analysis, money management or psychological reasons that interfere with these have all been discussed on other threads, so I won't go into further detail here.

In essence, as you say, it is a business, so perhaps we should think about what would be the Holy Grail for any business and see if it applies here

Charlton

 

[chump]

"for any business and see if it applies here".....LOL you are closer than you possibly know with that one.....let's think in terms of a client base that rarely questioned the value in the transaction . Now do we know any market with those characteristics