The consequences of giving away the holy grail

Discussion in 'Educational Resources' started by Trading Education Buyer, Oct 2, 2016.

  1. Well !I found my holy grail of trading , so I am trading it and I won't be here long .I now need the time to enjoy life and family.

    If you have something to sell and a service people will buy , good luck to you.Not everyone can get a formula with 0.3% risk and 2 % reward , that is mechanical and easy to implement by the human mind.All I care about is my own holy grail and how much I can earn.



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    #41     Oct 2, 2016

  2. To create the holy grail , you need all the information , little information can be dangerous.

    Meaning
    A small amount of knowledge can mislead people into thinking that they are more expert than they really are.

    When you have mastered all the aspects of trading , you will be qualified and ready to find the holy grail .Until then the losers remain chained to their little knowledge.

    All these subjects on phsychology , stress , emotions , t/a , p/a , trends , trend failures, indicators and others are important aspects of the trading.

    I can see these losers saying "nay"
     
    #42     Oct 2, 2016
  3. vanzandt

    vanzandt

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    #43     Oct 3, 2016
    userque likes this.
  4. I don't sell anything. I make my own living...+ 20 years at this game...it didn't start well for me like most. You started out decent with your correspondence to ET members, then decided to go "EGO" on us...it just looks weird. You threw a curveball at us. Experienced successful independent traders usually exhibit an element of humbleness?
     
    #44     Oct 3, 2016
    Joe6Pack likes this.

  5. Ego is very bad for trader , a good trader should not lose the " criteria that brought him success".I don't have an ego , I am what you see .Clear responses in my posts and few jokes , teasing and entertainment.

    I am sorry for some of things I posted , if they have offened you (this is not the way to behave) , but I should really also leave something decent and worthwhile for others .

    I went through the curve ball experience , these are learned experiences , I was not born with them , so who gave them to me?
     
    #45     Oct 3, 2016
  6. Who gave them to you? Blood, sweat, and tears...probably! I just thought you should keep those in mind, that's all. I don't get my feelings hurt very much...it was more of principle. I was sensing that members were getting riled up a little and the thread was going to change directions. Competitive juices or skepticism was starting to flow, I thought, unless the other members disagree with this. If you can leave something "for us"...that would be great.
     
    #46     Oct 3, 2016
  7. I agree, the more experienced/successful/wise traders usually don't turn evil or get mad...they're much more calm, cool and collected.
    It's usually the random, average/failed Joes on online forums...are the one's who get mad easily.

    I don't bother to get into debates or fights or arguments with people. -- I just state my point, and leave it as that.
    However, open to interpretation it may be and left o_O:)
     
    #47     Oct 3, 2016
  8. I understood your post.I was just questioning your risk reward ratio.

    With wild swings , you can not compound , it will destroy your account because of large drawdowns.In comparison I go for 0.3% isk to 2% reward , the way I design the formula , if it hits me for 0.3 % , it rewards me 2% .This way the equity curve remains constant.
     
    #48     Oct 3, 2016
  9. gkishot

    gkishot

    What about showcasing your performance on collective2 for others to follow?
     
    #49     Oct 3, 2016
    userque likes this.
  10. Reversing engineering risk , plus time consuming .If anything , i can give you leads to work on , but you see most people are lazy

    looking for 250 ticks profit a week option strategy

    too much effort , too much time and too much risk to be of any value to me.
     
    #50     Oct 3, 2016