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Old 08-25-2006, 11:44 PM   #1

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What is the Holy Grail to you?

"The Holy Grail"

Most of use have our own definition of the holy grail in trading. Whether it is a strategy, indicator, or system, the holy grail is the key to successful trading. Im curious to know the various answers to this question.

To me its having discpline. Anyone else have an opinion?
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Old 08-25-2006, 11:52 PM   #2

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Quote:
Originally Posted by Maxwell »
"The Holy Grail"

Most of use have our own definition of the holy grail in trading. Whether it is a strategy, indicator, or system, the holy grail is the key to successful trading. Im curious to know the various answers to this question.

To me its having discpline. Anyone else have an opinion?
Discipline is also number one on my list. That and consistency. Its too bad so many traders go looking for a magical indicator that will make them money. A perfect system can be handed to a trader with no discipline and he will lose money.
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Old 08-25-2006, 11:55 PM   #3
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Add money management to that as well

Using stops, having an entry and exit strategy.
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Old 08-30-2006, 05:26 AM   #4

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Having a daily trading plan and sticking with it! How many traders break their own rules everyday? 95% of them do.
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Old 08-30-2006, 05:33 AM   #5

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BRCM is the Holy Grail to me
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Old 09-07-2006, 04:01 PM   #6

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The opening gap is the holy grail.
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Old 09-13-2006, 05:25 PM   #7

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Re: What is the Holy Grail to you?

Learning to control risk. This is the only way you can possibly profit from trading.
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Old 09-24-2006, 05:15 PM   #8

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Re: What is the Holy Grail to you?

Hmm.. lots of good rules to trade by here. I guess I would say it is your own personal commitment and willingness to do whatever it takes to maintain your edge, as long as your actions remain consistent with limiting your risk and thus preserving your capital to trade.

Happy Trading
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