Finding the Holy Grail

Quote from heypa:

Winston Churchill said it best. " Most people will stumble across a good idea pick themselves up,brush themselves off and continue on as if nothing had happened."
May not be exact but idea is.
Don't discard any idea without sufficient examination.
Keep it simple.
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And never explain anything with less than 5 lines of response. Good, Ah you made 6 lines.
 
Quote from pattern39:

What is wasteful to your eyes is "profitable" to mine (spiritually speaking). Likewise, I can say the same about you. Why are you wasting your time here making such posts?
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Okay whatever, I just don't like seeing stupid posts on ET such as yours that have no value at all to the OP question.

In the post below, are you speaking from personal experience or what? Since you're so smart on investing, where do you think a investor should place their investment dollars?


pattern39


Registered: Jun 2011
Posts: 199


09-05-11 10:14 PM

Dumber: Stumbling upon the holy grail by accident and using it as "Aladdin's" magic lamp.
Dumb: Spending an entire lifetime looking for the holy grail and never find it.
Smart: Blow up your trading account and stop trading.
Smarter: Don't blow up your trading account but run fast away from trading.
 
Quote from PokerFXTrader:

I will share with you the "How To Do It" because that took me about 5 years of blood, sweat and tears to figure out.

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This sums up most of it. Everyone's holy grail will be different because we all approach trading differently. Even most prop shops you're on your own for the most part, unless you got a prodigious background and can get into one that gives you a salary.

In short, you have to work very hard to develop your system. It may take a long time or it may come to you quickly. It took me a year and a half of heck to become consistently profitable and even today, I'm always learning and perfecting. Don't let anyone on this board tell you you can't become a trader. As long as you have the minimum level of intelligence, you should be able to make some progress.
 
Quote from J Ski:So, you get the holy grail.
You can have everything you ever wanted.
So, what next?
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You could become a comedian in a strip club and have people laugh at your jokes and incredibly interesting sex life, for example.
 
Quote from PokerFXTrader:

I will give you the Holy Grail right now:

1. Cut your losses fast and let your winners run.
2. If the market is going up Buy. If the market is going down Sell.
3. Your brain and your decisions are the most important tool you have as a trader so spend lots of time working on yourself and controlling your emotions.

Now please send me $10,000 and I will share with you the "How To Do It" because that took me about 5 years of blood, sweat and tears to figure out.
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B.S. This is not specific enough and you know it. This is not an edge. Exactly how you do that, quantified with objective rules a monkey can follow - that's an edge. What you wrote above is absolutely nothing but puffery. Hogwash.
 
Quote from intradaybill:

Did you forget the magic word?
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I doubt it'd do the trick. The purpose of this thread is for some people to show off without sharing anything of value. Which is basically the purpose of this whole forum, by the way.
 
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