Yes, but there you can find the odds and trading is only about odds.
call it the stochastik process. If you dont know what stochastic is then look on a mathematics statistic homepage....
Finding the Holy Grail
- Thread starter chaosclarity
- Start date
Yes, but there you can find the odds and trading is only about odds.
call it the stochastik process. If you dont know what stochastic is then look on a mathematics statistic homepage....
http://en.wikipedia.org/wiki/Stochastic
http://en.wikipedia.org/wiki/Probability
http://mathforum.org/library/topics/stochastic/
http://www.math.niu.edu/~rusin/known-math/index/60-XX.html
http://dl.acm.org/citation.cfm?id=971023
http://www.mathgoodies.com/lessons/vol6/intro_probability.html
http://www.pokerstrategy.com/
Depends on how you define "Holy Grail", which as you can see is hardly a consensus.
IMO there are two different Holy Grails:
There's the fictional (unrealistic) HG aka the perfect trading system. This HG never loses (100% win rate), has zero slippage and all the other fairytale stuff that mere mortals like you and me will NEVER ever experience. This is the version that doesn't exist.
But there is also a realistic HG which is simply the best possible trading system. There has to be a trading system or combination of trading systems that will outperform all other feasible trading systems. That is the real-world Holy Grail. In a given market over a given time period there might be a System X that has, for example, a higher win rate than the HG but in the end, the HG will have a higher profit than System X, or any other trading system applied to that market over that time period (unless that other system is a component of the real-world Holy Grail.)
My final two cents on the Holy Grail
thats the key for me in technical strategies,
it helped me a lot to worked out my stuff based on this....
combinatoric
http://en.wikipedia.org/wiki/Combinatorics
it helped me a lot to worked out my stuff based on this....
combinatoric
http://en.wikipedia.org/wiki/Combinatorics
when talking about indicators, its not only important to know the different combinations for each and every situation --- most important is, to know "how they look before the price have moved and how they look after the trade is done" bcuz indicators change with price...everybody can say "hey do you see the clear signal here my super indicator gave me, i ve should done this trade" AFTER the price moved. the difficult thing is to know that before the price starts its move....
to make money you must predict the price move and you must be right....
HAHAHAHAHA
I love u people, u make my money....keep on, buddy....
dont believe that stupid TA bullshit....keep on, keep on...
HAHAHAHA
-------------
My name is Gann.
William Dellbert Gann.
I have the licensce to make money and kick your ass.
cheers
NO, BUT I CAN.....
my pupil told me, he never saw anyone who looks on the charts how i do, incredible...
thats why i can make money with my techniques,
bcuz i have an different view....