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Would you share your Holy Grail?


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Would you share your Holy Grail?

  #81 (permalink)
 jmont1 
New York, NY
 
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thoughtful View Post
Obviously everyone has their own holy grail -- it's the best they can figure out.

I did a lot of research, and I only found 4 or 5 analysis techniques that actually are logically sound and work. The rest are just nonsensical confusion that makes simple things more complicated.

IMHO of course

@thoughtful, Sounds like you would share your not holy grail. May I request you expand on the technique you use? Would also be nice if you would share those improved indicators. Thanks in advance.

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  #82 (permalink)
SunTrader
Boca Raton, FL
 
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This should be good.

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  #83 (permalink)
jakolinko
Vienna, Austria
 
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I would be willing to help someone to a certain degree. Depends on the person, how much they really want it.

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  #84 (permalink)
 nikotron1124 
Anahein+California
 
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The way to trade the market is not by looking at indicators. All these indicators are given FREELY in every trading platform specifically of the reason that they don't work. No SANE person/trader will give something so that you can take money out of his/hers pocket. NO ONE!!!

In my trading after all these years using indicators and paying my trading tuition (like every body else does when he starts trading), I just use price levels for support/resistance AND using options to initiate my trade. Options are more, way more, flexible than straight long or short positions and WITH experience in using them, a trader can adjust the trade to his advantage. Anything else is really waste of.......money.

There is only one approach that I have found in the last couple of years that gives some INSIGHT to price action. It has been developed by Rob Smith and he has made available many videos on You Tube. One video that is worth seeing is called "The Greater Story ever Sold" (I Think).

Hope the above helps a little, especially new, aspiring traders. Wishing you the best success.

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  #85 (permalink)
SunTrader
Boca Raton, FL
 
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nikotron1124 View Post
The way to trade the market is not by looking at indicators...

So indicators freely available in trading software are useless ... but freely available youtube trading videos are useful. Got it.


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  #86 (permalink)
 nikotron1124 
Anahein+California
 
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Those "freely" available videos they say NOTHING about indicators. As a mild/kind suggestion, please, watch and see for yourself if it makes sense the explanation of price action. It could turn out an experience that would prevent blowing up a (yours?) trading account. Wishing you all the best in you trading.........

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  #87 (permalink)
 
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 Big Mike 
Manta, Ecuador
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SunTrader View Post
So indicators freely available in trading software are useless ... but freely available youtube trading videos are useful. Got it.


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  #88 (permalink)
qopl
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That's a big striking difference between this site and ET. The posts here are more quality and I don't really see trolls. However the business model here, charging for everyone's free discussion in certain sub-forums rubs me the wrong way.

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  #89 (permalink)
 jokertrader 
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@qopl everyone has their view but over several years I have learnt quite a bit, seen different ideas, strategies which are more focused and can be adapted, utilized... downloads that can Actually be adopted etc... the elite fee is minuscule for what u get and kudos to Big Mike for this... I would pay the fee for just the hours I have spent filling my time and here it’s time well spent


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  #90 (permalink)
 
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 Oriole 
Naples FLA
 
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qopl View Post
That's a big striking difference between this site and ET. The posts here are more quality and I don't really see trolls. However the business model here, charging for everyone's free discussion in certain sub-forums rubs me the wrong way.

Don't you think Big Mike's time to set this all up and the infrastructure needed is worth ANYTHING? I think $100 for life for all this place offers is the deal of the century.

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