[namstrader]

just keep putting the shoulder down and plowing ahead, detached from outcomes, using these outcomes as knowledge stepping stones; wisdom takes effort and usually more than we want, inorder to be able to sign for the package containing the Holy Grail. Just keep biting the apple with some mojo or the nojo will get ya.

[torero]

Originally Posted by Coloradolover737 »

"Know thyself" is the holy grail. If you have no clue as to who you are, what your strengths and weaknesses and natural tendencies are, what your true beliefs about money and competition, then trading will present many uncomfortable situations in which the reflection of your true self will be shown.

Excellent post! The quest for the Holy Grail is no more than journey of self-discovery. Pure and simple. After this, trading systems, strategies, indicators, and markets will all make sense.

[Anna-Maria]

FLEXIBILITY:

that's the key to everything in this business. If you can't or won't bend & flow with the markets (whichever instrument base you execute from), you're a sitting duck.

you can possess the best strat, mm strike, risk model & discipline template out there - but if you're unable to catch the changing trade winds, those edges or advantages will dissipate.

[torero]

agreed. recognizing a changing is tough even for veterans sometimes. And once recognized, you have to have the ability to do a 180 degree turn on a dime when it's time. that's difficult too. That requires a lot of mental preparation.