If you found the holy grail, would you share it? Theoretical question here. If a holy grail existed and you discovered it, would you share it with everyone out of the goodness of your heart (assuming sharing it has no consequences)? Or would you keep it to yourself? Discuss.
Edit:
The question is, if the holy grail existed and you found it, would you share it? And NOT does the holy grail exist or what is the holy grail? Those of you who are giving broad advice on what the holy grail is, how about posting your trade history, results, and more detail on how you’re trading? Get my question now?
If there really was a holy grail I don’t think anyone would be wiling to share it with everyone with the fear of holy grail losing its value as more people getting to know and start applying. Its more of a psychological reasoning rather than purely greed I think.
that made me think, i might share it but try to contain the number of people that have it, on a practical note, might as well sell it… hahaha but imo there is no holy grail.
To find the holy grail is easier said than done. However there is a holy grail. But in order to share in it, you have to be willing to work hard, work smart by always trying to learn something new. You must not try to learn things because someone is telling you this is easy and doesn’t take any education or work from you; you must learn things that help you to make better decisions by gathering relevant information, relevant options and clear choice of the least of the evils.
Once you are prepared to do that constantly, you’re on your way to the holy grail. So you will need the options you have and apply them to a trading method that long term will give your positive than negative results, framed within a money management plan that will either protect the capital you have while growing it or growing capital but protecting what you have in your account balance. From there you simply work your plan exercising constantly with patience and discipline. There you have it the holy grail.
Good Luck like I said easy to say, challenging to do consistently.
Gp
P.S. Some of you that have been around a while maybe wondering why I keep posting the same thing over and over. I do that because each time I post it, it reinforces what I already believe and try to practice every day
Sharing the grail, maybe if I did find it I may share it but you know how it goes, greed always tends to kick in and I guess we can chalk it up to our human nature…
I will share the Holy Grail with you right here and now. There are advanced computers that are being used by institutions that make trades at amazing speed. We Can’t trade that fast also, these super trading computers have deceptive capabilities to outsmart lesser advanced technology. So, a miracle may fall out of heaven in the form of some super trading software, but it’s going to cost you. Now, what drives the pursuit for the holy grail? Simply put, Greed. We want an edge. A very advantageous one at that.
So, what can we do since the odds are slim of us getting some super algorithm software. Learn how to trade. Accurate market evaluation is the Holy Grail. Many traders can look at the same market and take the same profitable trade because they all respective of system were able to accurately evaluate the market conditions that indicated a high probability winning trade. Accurate evaluation of high probability wining trades with proper money management is the Holy Grail. I personally study Harmonic Patterns, Harmonic Elliot wave, reflexivity theory by George Soros, and integrated technical analysis because studying the many different perspectives and observations of the market assist me in my ability to evaluate the market accurately. The aids to this evaluation are not the evaluation and that’s the mistake many inexperienced traders make. Also, balance is another component of the Holy Grail, the get rich quick pitch being advertised to many a new trader is the fisherman’s hook of the industry. You can get rich but getting rich quick is rare. Once you learn how to really trade no one can take this knowledge from you. You are the super computer software you are looking for. You will be the HOLY GRAIL.
This is actually good question because I recently ran into this situation. For me I have found the holy Grail with my Forex trading. By that I mean I have found a way to average profiting on 92% of my trades for almost a year now with almost 0 drawdown. Since I talk a lot on forums and share a lot of information someone ask a question that I tried to answer in video format since I do a lot of information sharing on YouTube about my Forex trading. To make a long story short I created a video those eight minutes long to answer the persons question which was about volatility. I was in a hurry and posted the video to YouTube quickly. Several people had watch the video on YouTube. A couple hours later when I got to my office I decided to review the video just in case I had made some mistakes. I realize sitting on watching the video that within the video was my holy Grail for lack of a better word. The more I thought about it the more worried I got should I really be giving out this much information? I ended up being worried so much that I pulled the video and deleted it. I go to great lengths to help aspiring traders but I was really worried about the information I was giving away in that video. The reality is what was in that short video is a method that would allow any trader with a decent amount of knowledge in the market to consistently profit the same as I do 92% of the time. That makes that information worth a fortune and I was just giving it away. Don’t get me wrong I sell nothing and never will. But the question is how much should you really give away and knowledge? A holy Grail for lack of a better word is not an indicator a trade set up for anything else displayed on your chart. It’s in your head because it has to do with and understanding.
Hi kashix,
Just wanted to share the “[B]Holy Grail[/B]” with everyone out of the goodness of my heart. My wife says I’m like that.
Well here it is, get ready everyone!
Everyone can find the “Holy Grail”, some of you have already found it through years of hard work. It’s not a software indicator or an expert advisor robot, it is a combination of three things [B]Mind, Method and Money[/B]. If new traders don’t understand this or believe me, then its high time they moved onto something else as they will always be one of the majority of people that will always lose in Forex.
[B]Mind[/B] A trader’s mind has to be educated and trained to handle the psychological aspects to trading, whether they are losing or winning trades.
[B]Method[/B] They must trust their trading method 100% all the time, whether it be a MT4 indicator, EA, strength meter, or the latest gizmo.
[B]Money [/B]It’s no good if they can win trades with a great trading method, only to lose them all because of poor money management, therefore managing their trading capital to the last penny is as equally important as Mind and Method.
[QUOTE=“d4ved;636830”] Hi kashix, Just wanted to share the “Holy Grail” with everyone out of the goodness of my heart. My wife says I’m like that. Well here it is, get ready everyone! Everyone can find the “Holy Grail”, some of you have already found it through years of hard work. It’s not a software indicator or an expert advisor robot, it is a combination of three things Mind, Method and Money. If new traders don’t understand this or believe me, then its high time they moved onto something else as they will always be one of the majority of people that will always lose in Forex. Mind A trader’s mind has to be educated and trained to handle the psychological aspects to trading, whether they are losing or winning trades. Method They must trust their trading method 100% all the time, whether it be a MT4 indicator, EA, strength meter, or the latest gizmo. Money It’s no good if they can win trades with a great trading method, only to lose them all because of poor money management, therefore managing their trading capital to the last penny is as equally important as Mind and Method. d4ved[/QUOTE]
In this case I think we have more than one holy grail. Most of the traders will try and not going to find it. Like someone said there are 4-5% of traders who will find it and that’s why I think there are more than one holy grail.