mark brown said he found the holy grail.
- Thread starter trend2009
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Quote from eudaemon:
This is what the holy grail is about IMHO: knowing when to trade and when not to. Or when to trend chase or not. I hate repeating myself!.
The perfect real authentic grail tells you exactly when a trend is about to start. An imperfect grail tells you the same, but it's accurate less than 100% of the time.
originally 10 years ago the system was always in the market it can still be traded that way. but like someone has eluded to once you have a sound trading engine like this method you can then start to do things like limit the trades to only occur at certain times of the day like from 1:00pm to 3:15pm -6 gmt etc. but at least you modifying a sound system that has some logic that is based on broad market movement. futures will always extend beyond reality their like a dog on a leash out for a walk. it's good to know theres a master who is really in control who can jerk the leash every now and then. the dog looks bad but it's the master of the dog that determines if you get bit.
remember i am suggesting a framework for an new way of trading, using sound logical principles that have been proven to work.
m
ok but think about this actually the sp chops more than it trends, so if your human mind and eyes only are impressed by the large moves you see with your eyes you will be tainted into thinking that is the only way to make money.
please think for a minute that the trend is your enemy it distracts you from making money trading chop. if the trend was so great why don't everyone drive lambos cause obviously that is the way to make money? no i do not agree at all.
you should let the data tell you what your method should be not your mind or your eyes. your eyes will lie to you most of the time. you have to study data using a computer to tell you what is real and what is fiction. assume i am correct for a minute and now you are able to sell tops and bottoms and when it trends against you. after a set of rules are met you flip the trade and go with the trend.
but first lets assume that the chop is your primary focus on trading and the trend is a nuisance that has to be dealt with when it comes along. can our human minds accept what i just proposed or are we all doomed to being turtles?
m
Quote from eudaemon:
That would be even closer to the actual grail. Are you there on automatic?.
of course since about 2002,
the reason i am open now is that i have found another market to trade and a different way to trade it as well. i will continue to trade indexes but in a slightly different way than what will be talked about here. not to take anything away from this discussion or the method. in fact not saying that the method variation i use is any better, just different just as yours or anyones would be tweaked. the base method is the same.
m
That is a big claim. What % per year are you making?. Have you found liquidity ceilings for some instruments?. Since 2002 are you re-investing your gains?.
It's nice to know someone has already travelled to mars, and read how they did it, and certainly easier than coming up with the first successful mission. Been chasing that grail for a while too, you know?.:eek:
It's nice to know someone has already travelled to mars, and read how they did it, and certainly easier than coming up with the first successful mission. Been chasing that grail for a while too, you know?.:eek:
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LBR [Jack Schwager/top trader book or magazine interview] has published it YEARS ago;
dont want to exactly repeat it.
BUT long story short;
its some thing like' buy near moving average''.[Obviously ,she may not have mentioned it , but certainly figure out if the long term trend[200dma] is bull,, or polar bear/panda bear.......................................
Send me a small royalty off your winings;
or at least a huge Christms gift off your winnings.
i wonder if anybody is going to ask to see a rock from mars before they climb on the bandwagon?