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ProfitOK,
And I have news for YOU!
Definition: A 'Holy Grail' trading system not only beats the market...
It consistantly makes a profit!
Either we are mis-communicating, or you don't get it!
I learned all of the things you mentioned years ago and then used
backtesting software to develop profitable trading systems based upon
that knowledge.
What makes you think that all of the attributes you mentioned CANNOT
be incorporated into a successful mechanical trading system?
1) Disclipine
2) A Plan
3) Prices to Buy/Sell/Short/Cover
4) Stop Loss criteria
5) Profit Objectives
I concentrate on all of the above and have multiple profitable
mechnical trading systems (both on paper and in my account). And is
that not the 'Holy Grail'?
I'll give you the benefit of the doubt and assume that we are
mis-communicating. (If I am wrong, then Tomasz would be "Out of Business".
Phsst
--- In amibroker@xxxxxxxxxxxxxxx, profitok <profitok@xxxx> wrote:
> I have news for you
> It DOES not exist
> and if someone invest as much energy as it takes to develop it,
would be better of learning how to be a discipline
> trader
> always have a plan
> at what price to buy/sell short
> where is my stop loss?
> where is my profit objective?
> if you ALWAYS concentrate on the above, in REALITY, you have found
the holly grail
> best of luck
> nice week end
> Ben
> ----- Original Message -----
> From: phsst
> To: amibroker@xxxxxxxxxxxxxxx
> Sent: Thursday, April 03, 2003 11:21 PM
> Subject: [amibroker] Re: Trading Psychology
>
>
> <If many of you have been searching for the "holy grail" formula
> without success, read this book and find out why this is a losing
> cause and how a successful trader's mindset is different.>
>
> I'll read the book!
>
> BUT... you cannot imagine what a disservice it is to tell others to
> abandon the search for the holy grail! Just because one Author has
> not found it, does not mean that others have not found it!
>
> Geez...
>
> Phsst
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "Rick Parsons"
<RickParsons@xxxx> wrote:
> > I highly recommend the book "Trading in the Zone" by Mark Douglas.
> >
> > If many of you have been searching for the "holy grail" formula
> without success, read this book and find out why this is a losing
> cause and how a successful trader's mindset is different.
> >
> >
> > Rick
>
>
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