The Holy Grail – What is it?

Everyone is looking for the holy grail of forex. I can tell you there is no such system within forex. I can say this after trying a lot of systems and indicators that the maker says will work in your favor.

Now after saying that, I would like you to know that I have found the Holy Grail for me.

I am not going to tell you what it is for the following reason:

There is no one holy grail for everyone. What the Holy Grail is is a system that works for you. It may work for others and it may not work for others. So long as it works for you and you can make good profit from it, then it is your personal holy grail.

After you have tried many different systems you will find that if you add different parts of a system and set it up to your own style of trading, you can find your own personal grail.

Mine over the last 3 weeks has given me an avg of 48% per week.

You call it your Holy Grail, so you must have been trading it live for what must feel a _long_ time. So, what's your R/R ratio, max drawdown, avg pip/trade, sterling ratio etc., over the last 3 years?

I don’t need to answer that. This is a system that works for me, my Holy Grail.

All I’m saying is don’t look for a Holy Grail that will suit everyone’s trading style. Everyone trades differently and thinks differently. You must find a style of trading that suits you.

You may find a complete system that suits you or you may find that taking parts from other systems may be better for you.

That is why I said that I was not going to tell you what my system is, as it is one that suits me and my way of thinking

What is this thread's purpose ???

Sorry it might be just my way of trying to explain thing.

But I was trying to say for people who are looking for the Holy Grail, not to look too hard but to try and find a system that works for them. If they can find that, then they have found their personal holy grail.

these kind of posts and messages get really annoying after a while.

Person stops in and says "hey, I'm making 1000 pips/week now. I'd like to tell you what it is but I got to run. see ya around.. "

WTF. You realize that there is about trillion dollars being traded in forex, right? I doubt anyone cares about your few thousand. I'm coming to realize that if you understand the market, it doesn't matter if your indicator stop working. You understand it so you will come up with a counter-strategy to the markets new strategy. It's like poker I think.

bazsa, numbers such as sterling ratio, max drawdown, avg pips/trade etc. they do not disclose any specifics of your system, nor do they tell us what your system is at all. These numbers just tell whether you "car" (system) is a Paris-Dakar car, a Formula 1 car, or a family car. That's all. If you don't know it yet, you'd better learn it fast before you throw serious amounts of money into this.

Michel, I suspect this thread is about a guy who throws out a textbook lesson ("Find a system you're comfortable with, blablabla") as a prelude to bragging about a system for which he has some kind of record for a mere 3 weeks.

bazsa, I _sincerely_ hope for your wallet that I am completely mistaken.


PS: sorry if my wording is a bit rude, I haven't slept much this weekend -not an excuse, just an explanation...

I have been trading the system for nearly 2 years now. Made a few adjustments to it along the way but the base of it is still the same.

I have no textbook lessons to give out and no I’m not going to be bragging about it.

When I first started to use it I managed to make under 0.5% a day if I was lucky. Over the last 3 weeks I have now managed to make 48% per week.

Just don’t spend all day looking for a system that is going to make you rich over night. You have to work at it. Nothing is going to be handed to you on a sliver platter.

If you have a sound system basis that you have traded profitably over a long period of time and are reaching your goals with, that's really great.

But then if you're going to say any number, you know as well as I do that % per lucky day or % per week over a few weeks mean absolutely nothing, and therefore are useless to mention at all. Meaningful numbers are...well I feel I'm repeating myself here...

Regarding the "Find a system you're comfortable with and that will be done though hard work, dedication etc.", needless to say that I couldn't agreee more.

That's great that you've found something that works. Congratulations.

The other half of the story in this thread nicely shows how angry people can get when they hear of someone's success. Why is that? Why all the need for justification and 'proof'? Why all the need for cynicism. I guess it's because others are having difficulties in achieving your kind of results. But for them, it will be self-defeating, because until you are in the right mindset, you won't get it!

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LEFT Brain Trading - the right mindset and technique for success in Forex