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It's not a diatribe; it's a mission statement for trading. I'm not attacking anyone, just pointing out some very salient facts. Everyone gets what they want out of the markets, including those who choose to be out of the markets, those who blame the markets for their lack of profitability, and those who think that achieving lasting and meaningful success in any discipline is easy. In other words, you get out of it, what you put into it!
So, if you and @SunTrader were to suspend your collective cynicism for a moment, and read the last paragraph, you might be able to decipher the post's meaning and intent.
Heres my idea of the holy grail to make big bucks. I safely disclose it because I dont think any of you have the b...s to try.
Based on highly successful traders that spring to mind Livermore sold the market after the San Fransisco earthquake
Druckenmiller sold the British pound
Paulson subprime mortage
Method
Fundamental info used..... no TA
No day trading picking up pennies in front of the steam roller
Bet the farm. No 1% of your capital
All are shorts
And 90% LUCK
Now for the deluge
bobc
Forgive if I am misunderstanding the question. My thinking was that the question is "Would you share your Holy Grail ?"
And the answer would be along the lines of
"Yes, I would and here's why"
"No I wouldn't and here's why"
And even possibly
"Depends, and here's why"
Certainly not " if given a holy grail these are the factors that come into play..."
If I am incorrect in assessing the question then of course I am willing to be corrected as my interest is in having a conversation and not an argument.
I completely agree with you. I was coming from the point of view that a holy grail is only as good as the discipline that is accorded it, as in if you have not rules and discipline governing your actions a holy grail would be of no use. I think it’s because I struggle with that so I think I’m a bit hung up on that. But you are absolutely right. I am off topic later.
