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Well, BlueHorseshoe, now ain't you got a pretty use of semantics. A trading profit on NYSE stocks or indices is pilfering, theft and penny pinching. And a trading loss is giving back pennies to retirement funds, huh? And of course if you are receiving a salary - and you may not because I...

Yes! Yes! My full endorsement of JMartinez, Dustin, Don Bright and Axehawk. Avoid the route of destroying the most famous system of the most famous stock market on earth, the NYSE, the bellwether of world capitalism. And may I suggest it is a cornucopia of wealth and opportunity for...

Hungry4Knowledg, you have to assemble your own system. The codename you have chosen is a good start. Shall we start? The question you have to answer is not Why but HOW. Humbly IMO no one is going to give you the formula or formulae. And even that, if it was all given to you .. you would...

Forget "Gann. Elliott wave, retracements, support and resistance, MA crossovers.." IN2WIN Concur. Its about numbers; not trendlines and other cabbage.

"Lock an' load, pal. We're in the kill zone." ..Gordon Gekko.

Study "the markets closely to understand their behavior". VTTrader. That is the best advice by far .. only this will put you on the trail of the Holy Grail.

Yeah, Mvic, lets run out in the sunshine and go skipping through the meadow .. hang on a minute, I only do that .. together hand in hand with a hot chick ... ! Better that you stay back and indulge yourself heaving and humping around that grand whimsy 'globalization' or whatever comes along...

What is globalization? Just a cliched catch-all word that don't mean diddly squat. Its a bastardization around which the good, the bad and the ugly can marshall disparate and unconnected thoughts and prejudices. Why not say international trade and investment? People - 'the thinkeratti' - like...

Ah, yes .. 'Wall Street', the film. Its most famous line .. "greed is good".

A big list of predictions, Darkhorse - all stimulating One though is commonplace, cliched and wrong. The dollar isn't going to lose its hegemony (over an extended period of time) because foreigners do not have a viable alternative to financing USA debt. The USA is going to remain the engine...

"Having the holy grail is about you perceiving the market correctly; that means having a system that basically captures the daily price movement." Funky Yes. Correct. You quote impressive performance figures too .. well done!

Hypostomus, you've achieved, as you call it, the 'Holy Thimble', your weekly earner, right? And as you've already come by way of faith, equanimity and learning, are going to go on the trail of the HOLY GRAIL?

OddTrader, well, very smart observation .. but could anyone say they OWN it? Perhaps, hold it in trust .. for so long as it is building you a fortune.

OddTrader, hi. The HOLY GRAIL would build you a massive fortune. Heres my personal definition of the HOLY GRAIL. Its a system/methodology which has established the pre-determinates/probabilities for one or more markets (ie Dow). You run it each day like a big scoop to take out each days...

Hi Traderkay. I have used the term YOUR Holy Grail for someone who has arrived at a regular good position .. successful trading. Now the HOLY GRAIL as the one only or something only the few can achieve is the point of this question. The quest for the HOLY GRAIL does seem to implicitly...

The HOLY GRAIL would put you in possession of successful trading such that few or no one else has. Do you believe you can arrive (or have arrived) at a system or approach so good it is the HOLY GRAIL? Is it or will it be the begetter of your fortune? Here are my subsidiary questions. 1. If a...

Hypostomus, in your recent reply to me, you astutely observe, "I think it is axiomatic that if you are backtesting you plan to trade the system mechanically, even automate it." Is there some simple software available on which I can test combos of entry price trades/limits/stops? I can of...

Nutsneal Sir, I am honoured by your compliment.

What I want to do is test various combinations of entries/limits/stops. I have the statistical data (Dow) so that I can input the data - of size of upmoves as a pluses above and size of down moves as minuses below - a given price line for a market day. Is there some very simple arithmetical...

Jbtrader23 when you say this is "a bull market inside a long term, secular bear market" you could apply the same wording and say that the recent bear market was inside a long term secular bull market. Thats just semantics. And that so-called recent bear market wasn't much of a recession any...