What would you do if you discover the Holy Grail?

Discussion in 'Trading' started by jinxu, Oct 9, 2024.

  1. Hello Sekiyo,

    No, I will not bankrupt the CME at all. I just hope the ES Futures Market NEVER EVER goes away. Then I will have to move to the NQ market.

    I just want to hurry up and get rich man. That is all. And the CME is my only hope.
     
    #11     Oct 9, 2024
    Sekiyo likes this.
  2. Hello Businessman,

    lol, why is what I said so funny? I was not trying to be funny at all.

    I was just saying, I know how to make millions in the ES futures market, I would be very disappointed if the CME Exchange went out of business after I figured out my holy grail to getting myself rich.
     
    #12     Oct 9, 2024
  3. Well, I am happy I made you laugh today man.

    Man, that damn CME Exchange is blessing man. Good money here man.
     
    #13     Oct 9, 2024
  4. Hello Sekiyo,

    Well, I am glad I make you laugh, but I do not try to be funny here man. Trying to get rich man
     
    #14     Oct 9, 2024
    Sekiyo likes this.
  5. Coin Flip

    Coin Flip

    There are profitable traders, but there is no Holy Grail.

    Noobs keep searching for the Holy Grail.
     
    #15     Oct 9, 2024
    SimpleMeLike likes this.
  6. Hello Coin Flip,

    I am just going to say Hello. I have to learn to keep my mouth shut!!!!!
     
    #16     Oct 9, 2024
  7. Businessman

    Businessman


    Rentec Medallion seem to have the Holy grail.

    Any approach that makes money 80% or more months and doesn't have tail blow up risk, is the holy grail in my book.
     
    #17     Oct 9, 2024
    beginner66 and SimpleMeLike like this.
  8. Coin Flip

    Coin Flip

    Rentec Medallion's performance in absolute terms is not impressive to me at all.

    I get it, given they are managing billions, averaging over 60% a year is awesome.

    But it's really chalk and cheese.

    Their performance is irrelevant to us small time futures traders, who should be making so much more percentage wise, given we don't have their liquidity constraints.
     
    #18     Oct 9, 2024
    SimpleMeLike likes this.
  9. Sekiyo

    Sekiyo

    It’s probably a malware that will drain all the money in your bank account.
     
    #19     Oct 9, 2024
    Drawdown Addict likes this.
  10. Businessman

    Businessman

    It's not the 60% that impresses me.

    It's the 85% winning months they do.

    That's near enough the holy grail for me, sure there are HFTs that might have 100% winning months. And that's even better.

    But anything above 80% winning months is holy grail territory for me (again as long as you don't have tail blow up risk eg. from selling options etc).

    Doesn't matter if you are a large Hedge fund or retail trader, if you can maintain that win rate over the long run it is impressive.
     
    Last edited: Oct 9, 2024
    #20     Oct 9, 2024
    Sekiyo likes this.