Trading (the) Holy Grail

[fengshui-123]

HG is the simplest money making system which a human being can actually follow and do it.
(nobody are alike, that's why we have all walks of life in this world)

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http://www.fengshui-123.com
(maybe fengshui is the only HG )

 

[Businessman]

The trading Holy Grail is reaching the Zero Point.

The Zero Point, or Zero Information Point, is the condition of nothing in the conscious mind upon which to base a judgment - including, say, even the very judgment that judgment itself is good or bad.

It is dancing joyously, with abandon. It is splashing your hand in a mud puddle and just being there with the experience. It is putting on a trade and succumbing to the enchantment of the whole process including the market, yourself, the prices, the plusses and minuses and the pretty colors on the monitor screen.

It is knowing nothing and nothing you can know.

It is being able to read the markets directly and having no attachment to the ability to do so. It is the sourcing condition for creativity. It is the feeling of feelings passing through, leaving no trace. It is beyond description in words and yet it somehow rides along from one person to another when [our unconscious minds] communicate without words.

When you have zero information, and do not even know that, then there is nothing you do not know.

Ed Seykota

 

[gharghur2]

Spyder says it all:

"Having the discipline to follow your well tested and proven trading system rather than override it simply because "you know better."

It takes; a technique, discipline and emotional balance.

 

[FXsKaLpEr]

Quote from gharghur2:

Spyder says it all:

"Having the discipline to follow your well tested and proven trading system rather than override it simply because "you know better."

It takes; a technique, discipline and emotional balance.

since "skaLpZ" was banned, I will take up where he left off (since I am sKaLpZ).

adding as a component to the HG, "emotional balance" from gharghur2.

aka, equipoise.

very good, gharghur2!

Baron, reinstate "sKaLpZ" or I'll have to turn the Holy Grail loose on your trading!

skz

 

[Murray Ruggiero]

I think the holy grail is not one system but a trading plan in which you diversify not only across markets but across systems. We want to be able to have enough diversity so that bad performance from any one system does not put us in danger.

This is why you need to develop systems on a portfolio and then be able to combine multiple systems. The problem is in the real world most traders don't have the money to trade like this. What is even or interesting is that I think many of the funds who have more than enough money to trade like this don't. They count too much on a trend following core strategy and do not diversity across systems enough.

 

[olygrayl]

Quote from sKaLpZ:

OK, guys...

Hopefully someday when you search "trading holy grail" on Google, this thread on ET will come up.

We've got 10s of 1000s of active traders and visitors on Elite Trader.

Certainly some of the wiser minds on earth post on ET or at least read ET.

Therefore, I propose that we form a virtual 'round table' and figure out (for the first time?) exactly what the Holy Grail is.

Initially, we need to define what (trading) the Holy Grail means.

Does it mean a trading system that never loses?

Does it mean a trading system that wins more than it loses?

Does it mean a trading system that loses more frequently than wins BUT when it wins the winnings are greater than the losses?

Or, does it mean being using an advanced system of money management so that, somewhere down the road (5 years? 10 years? 30 years??) you will have retained more money than you lost during that time period.

Maybe it means something else entirely.

Once it is agreed upon exactly what the definition of the Holy Grail is, then us traders, with input from everyone who cares to contribute, can try to determine what are the exact elements and principles that make up the Holy Grail.

At worst this thread will ultimately contain some very good trading rules/principles, at best together we will uncover... the Holy Grail.

theskalper

This is one pattern search through one index in this case the FTSE100. The program can automatically generate upto a thousand random patterns and then run each pattern through all of the stocks, indices (not tried FX yet ) in a list and produces a performance and signal report for each pattern.