What exactly is a Holy Grail, in terms of characteristics?

amazing isn't it?

all these people with The Holy Grail Trading system making Soros, Buffet, look like idiots..making billions. Wow. Amazing
 
Quote from naifwonder:

- Gives at least 3 intraday trades a week
- Makes over $6000 a month per contract on index futures
- Over 95% accurate
- Gives exact entry prices, profit targets, and stop loss prices
- Profit targest exceeding stop losses up to 8x


.. oh wait, sounds a lot like what I am trading right now :p
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Is that also the one you tried to sell in your chat room that failed? :eek:
 
There is no Holy Grail. Holy Grail is by definition a 100% profitable system for ever.

There are only systems that work well for some time before they turn unprofitable.

All systems will turn uprofitable for an extended period of time due to the laws of probability.

A good system is one that does not turn unprofitable during your trading career for a period of time long enough to force you out of the market.

Being realistic and practical in dealing with the markets is as close to the Holy Grail as possible.
 
There is one Holy Grail is the doubling up betting, until the winning.


It is need infinite amount of cash if the luck goes against you for a long period.
 
Quote from intradaybill:

There is no Holy Grail. Holy Grail is by definition a 100% profitable system for ever.

There are only systems that work well for some time before they turn unprofitable.

All systems will turn uprofitable for an extended period of time due to the laws of probability.

A good system is one that does not turn unprofitable during your trading career for a period of time long enough to force you out of the market.

Being realistic and practical in dealing with the markets is as close to the Holy Grail as possible.
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LOL NO the true definition of Holy Grail is the dish, plate, or cup used by Jesus at the Last Supper.
 
Only the system that you could manipulate the market with..
http://www.youtube.com/watch?v=bEOlv8paQTo

However.. i didnot find it.
Quote from OddTrader:

Say developing a trading holy grail is your goal.

So what exactly is a holy grail for trading, in terms of its characteristics/ features?

Many would say a holy grail doesn't mean it wins every trade for all trades.

Then how do you define your holy grail? Thanks.
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:) :D
 
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