if you have a holy grail, what would you do when you are too old to trade?

[trend2009]

yes... you can use google translate.

Your English writing is almost native. You immigrated to USA at a young age?

 

[dozu888]

Your English writing is almost native. You immigrated to USA at a young age?

Thanks. I came in ‘92 at 24.

I started learning English at 10 and had American and Australian teachers in college (in Shanghai). Then in America first as PhD student then 22 years of consulting. And you should hear me speak lol I have no accent.

Are you also from China?

 

[ionone]

i'm french and learned english in school but i perfected my knowledge watching english Youtube videos. I HATE french YT

 

[trend2009]

Thanks. I came in ‘92 at 24.

I started learning English at 10 and had American and Australian teachers in college (in Shanghai). Then in America first as PhD student then 22 years of consulting. And you should hear me speak lol I have no accent.

Are you also from China?

Yes. I came at 28. I have no talent for spoken languages.

 

[lovethetrade]

The thing is, there is no holly grail apart from few know sure things:

1) insider trading (illegal but obviously works)
2) HFT - barrier of entry is huge and profits being cannibalized
3) SOES bandits - happens long ago, and won’t be repeated.

Even Simons Renaissance is only right 50.875 percent of the time, but of those 50.875 they are 100 percent right.

What's a holy grail? To claim something doesn't exist then you must know what it is...

 

[lovethetrade]

I would create a riddle to the path to my success- much like Ray Dalio's Principles.
I would never just give away my edge~it's based on the student of the market's resolve to be a trader to study all he can to find it, going through all the up and down to one day get to the holy land of consistency.

Who said it's a riddle? His success has come from a sound understanding of macroeconomics, his decision-making ability, communication skills and study of psychology. I doubt it's due to some hidden edge he has tucked away.

 

[bln]

What's a holy grail? To claim something doesn't exist then you must know what it is...

A method/model that exploit a market edge to make high returns indefinitely.

What to do then old? continue trading I guess as trading only takes a few minutes of time per week/month.

 

[ionone]

A method/model that exploit a market edge to make high returns indefinitely.

What to do then old? continue trading I guess as trading only takes a few minutes of time per week/month.

no scalping my friend.
those who scalp are working a real job

 

[trend2009]

A method/model that exploit a market edge to make high returns indefinitely.

What to do then old? continue trading I guess as trading only takes a few minutes of time per week/month.

the question still looms even if you choose to trade at an old age when you are facing death.

 

[ionone]

give all you rmoney to the poor, man, and get yourself a good place in heaven