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Do Holy Grail buying and selling methods exist?
Sure, they do.
However…
All of it relies on how we outline a grail technique.
So on this article, I will get into what a Holy Grail buying and selling technique is, and extra importantly, how one can uncover your personal Holy Grail.
The Definition of Holy Grail
There isn’t any agreed upon definition of a Holy Grail buying and selling technique, so I will offer you my definition.
Different folks could have their very own definitions and that is nice.
However for the sake of what I’ll discuss right here, I have to outline a Holy Grail:
A single buying and selling technique or portfolio of methods {that a} dealer feels is price buying and selling as a result of it offers him the long-term return he’s searching for.
That is it, tremendous easy.
Finally, that is why we commerce.
Due to this fact, I consider that there are grail methods, however they aren’t what most individuals would possibly assume.
Holy Grail Buying and selling Technique Misconceptions
Many new merchants assume {that a} Holy Grail buying and selling technique is one particular technique that they have not found but and it’ll present them with limitless income without end.
That is clearly a fable.
A number of buying and selling educators have additionally named their buying and selling technique “The Holy Grail.”
Generally they really consider it, generally they’re simply being sarcastic.
Regardless of the case, you should definitely avoid anybody who claims to have a buying and selling technique that can’t fail.
All buying and selling methods can fail, even when probably the most profitable dealer on the earth makes use of it.
This is why…
The Most Worthwhile Buying and selling Methods are the Ones That Match YOU
Now clearly there are many worthwhile buying and selling methods on the market.
Hedge Funds would not be a factor if their methods did not work.
Nevertheless, many retail merchants get caught up in chasing the improper Holy Grail.
This is essential, so concentrate.
Your Holy Grail buying and selling technique might be completely different from nearly each different dealer on the earth.
I’ve seen merchants do nicely day buying and selling only one technique.
Different merchants favor buying and selling a portfolio of swing buying and selling methods.
Some merchants commerce a number of markets, whereas others favor only one.
You get the purpose.
The underside line is that you must commerce a technique that works nicely for YOU.
More often than not, meaning you will should tweak current methods to seek out one thing you want.
So the quicker you’ll be able to internalize this truth, the quicker you’ll discover a buying and selling technique that’s worthwhile over an extended time period.
The Grail is Already Inside You
Now I’ll get a little bit philosophical for a second.
Another excuse that I consider that there are grail buying and selling methods is as a result of I really feel that the mythic “Grail” of historical lore is definitely a lot nearer to house.
Within the Indiana Jones film, they go trying to find a cup.
However what if the cup is just a metaphor for what’s already inside you?
And what if a Holy Grail buying and selling technique is just one other metaphor for buying and selling based mostly in your innate character?
Consider what you need, however that is perhaps one thing to think about.
Closing Ideas
Once I first began this web site, I believed that there isn’t a Holy Grail buying and selling technique.
However I modified my thoughts.
After a number of expertise and dwell buying and selling, there are undoubtedly strategies that profitable merchants use over an extended time period.
That is a grail to me.
Profitable merchants even have methods for creating new buying and selling methods and that might be thought of a grail system as nicely.
So if you wish to discover the very best long-term buying and selling technique for you, cease chasing the most recent fashionable technique on TradingView.
Begin reviewing your buying and selling character, and creating methods that make sense to you.
Backtest your methods to seek out out if they’ve an edge or not.
That is the way you discover a grail technique.
Sure, it takes work, however the rewards may be large.
