What's just as concerning is that he has four Proteges, following in his footsteps. This to me is one of the Pitfalls of Day Trading after work. People enjoy the colours, the excitement. They treat it like Gambling. Trading is harder than a Profession I've heard it said. You gotta do your time learning etc.
Keep an open mind. I’d certainly be able to sucker you into betting on a dice and take all your money. Just because it’s an offer you wouldn’t be able to refuse. I don’t see where the dice thing is a problem. Maybe you don’t consider yourself as a degenerate gambler. Because you haven’t figured out yet who you are. It’s possible to make a fortune betting on dice. You prefer to lose money the smart way than to make money the dumb way ? Everyone’s his priorities …
The holy grail of trading is a hypothetical trading strategy that would be profitable in all market conditions. It is a mythical trading system that many traders search for, but it is unlikely to exist. There are a few reasons why the holy grail of trading is unlikely to exist. First, the markets are constantly changing, so any trading strategy that is profitable in one market condition may not be profitable in another. Second, the markets are not perfectly efficient, so there is no way to guarantee that a trading strategy will be profitable in all market conditions. However, there are a number of trading strategies that can be profitable in a variety of market conditions. These strategies are based on sound trading principles, such as risk management and position sizing. If you are looking for a trading strategy that can help you to achieve your financial goals, I recommend that you focus on learning about these principles and developing a trading plan that is based on them. Here are some of the most common characteristics that people associate with the holy grail of trading: It is a simple and easy-to-understand strategy. It is profitable in all market conditions. It requires little or no risk. It is a guaranteed way to make money in the markets. However, it is important to remember that these characteristics are not realistic. There is no such thing as a trading strategy that is guaranteed to be profitable in all market conditions. Any trading strategy that claims to be the holy grail is likely to be a scam. If you are considering using a trading strategy that claims to be the holy grail, I recommend that you do your research carefully before investing any money. There are a number of resources available online that can help you to identify scams. Here are some tips for avoiding trading scams: Do your research: Before you invest any money in a trading strategy, make sure that you do your research and understand how the strategy works. Be wary of guarantees: Any trading strategy that claims to be guaranteed to make you money is likely to be a scam. Use a reputable broker: If you are going to trade with a broker, make sure that they are regulated and have a good reputation. Don't invest more than you can afford to lose: Trading is a risky activity, so it is important to only invest money that you can afford to lose. If you follow these tips, you can help to protect yourself from trading scams
hard to argue that there are holy grails of trading. I mean you might find a strategy or a loophole in the markets that no one else has discovered before, but soon enough more people will discover it and it becomes either a bubble or a common thing, and it will lose its effect to create profits. I think some of the hedge funds have many strategies that work brilliantly, but they dont share it with the public, like the renaissance medallion funds
Opportunities do repeat themselves but they morph into something slightly different. It’s like anything … It’s a cat and mouse game. Because the underlying system is dynamic and as it evolves then it creates new opportunities to be exploited. Hackers find new breaches mainly because developers use new technologies. If the technology went stagnant then the only way we could hack is by exploiting human weaknesses. Because all the holes would have already been discovered and patched. Unless someone find a new way to hack the good and old piece of code. Creativity … No one knows what could happen. Combinations are growing in numbers. Always more ways to do something in a different manner. We’re not in a casino with complete information. There will always find stuff to arbitrage out. A new market, a new paradigm, a new state of affairs, a new human error … The world is far from being perfect. Therefore … Plenty of errors to be exploited.
%% Actually sounds like he may make it ''........ entry, exit , have fun trade 100 ES'' In no way @ all would that be a'' holy grail''; holy fail, maybe , or flail on a whale or quail . Holy grail requires a profit.