lawrence-lugar, If a trader sees a setup that he/she likes to predict, should the trader trade that setup everytime they see it? Is a trading skill a repeatable setup or signal, or a daily market prediction based on timeframe trader looks at?
On the *extreme* outside chance that some reader does not gather the full impact of your *cogent* reply, Slartibartfast, I hereby submit.... at 00:30 in.....
the holy grail technical indicator really exists! It's true. And it's damn true. It is inside us, and up to us to polish it and it is not transferable. So stop hunting for it in this planet, stop google for it. Because it is inside us.
You guys are funny. Holy grails exist, most automated, and to stay an HG, have to stay under radar, some chart patterns, TA, time and sales, Math induced, not traded to the max shares or lots, trade other methods, have several brokers so as no one discovers what you doing or who you are. Some last few months and others...You have to define what the Grail is to you. And no one that has them will be baited to respond.
What is the holy grail of playing the guitar/violin at professional passing level? It is no different trading. I was going to go with this but figured the young-uns might struggle. Back in the day when I needed to dress for work I would have liked a cuff-link version... or a watch. There is certainly some similarity between the way that rabbit moves and beginner trader stops being dispatched by the market,
You are doing it wrong. What you say is: The holy grail of trading doesn't exist, prove me wrong. Then somebody comes forward a reveals the HG to you. There you go...
why would it not exist somewhere? you see at the top of trends and at the bottom of them those tops and bottoms exist because somehow someone knew they were going to end right there they have the holy grail