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

Discussion in 'Strategy Building' started by trend2009, Dec 15, 2019.

  1. RedDuke

    RedDuke

    You will hear it towards the end of the book. We obviously will not know for sure. 70% strike rate is virtually impossible.
     
    #31     Dec 16, 2019
    Wheezooo likes this.
  2. I'd become a trillionaire and share it only with my children. Even then, I'd have money into so many different areas of the economy that even if my system somehow stopped working, I have passive income coming in regardless.
     
    #32     Dec 16, 2019
    nooby_mcnoob and Spectre2007 like this.
  3. 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.
     
    #33     Dec 16, 2019
    beginner66 likes this.
  4. maxinger

    maxinger

    All holy grails are personalised.
    It is not transferrable.


    At the hand of the owner, it is priceless.
    At the hand of the foreigner, it is worthless.

    ------------
     
    #34     Dec 16, 2019
    metatrader54, beginner66 and cafeole like this.
  5. I think he genuinely believes in this process.
     
    #35     Dec 16, 2019
  6. wmwmw

    wmwmw

    If someone is too old to trade a holy grail,then it is not a holy grail.
    If someone makes 50% a year by watching his orders for every minute for everyday, it is not a holy grail.
     
    #36     Dec 16, 2019
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  7. wmwmw

    wmwmw

    That is not a holy grail.

    What you described is something like a knife. The knife is more useful in the hand of a more skillful person.
    A holy grail is like a nuclear weapon,whoever has it will have huge power.
     
    Last edited: Dec 16, 2019
    #37     Dec 16, 2019
  8. maxinger

    maxinger

    unfortunately people called it as Holy Grail.
     
    #38     Dec 16, 2019
  9. wmwmw

    wmwmw

    I didn't see anyone but you call it.
     
    #39     Dec 16, 2019
  10. Pekelo

    Pekelo

    But that is not what you said. You mentioned piggy backing, then brought up other side of trading as example. I assume the piggy backing does happen, but do you have evidence that a normal brokerage does this?
     
    #40     Dec 16, 2019