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Do Holy Grail buying and selling methods exist?
Sure, they do.
However…
All of it is dependent upon 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 is no 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 value buying and selling as a result of it provides him the long-term return he’s searching for.
That is it, tremendous easy.
In the end, that is why we commerce.
Subsequently, I consider that there are grail methods, however they aren’t what most individuals would possibly suppose.
Holy Grail Buying and selling Technique Misconceptions
Many new merchants suppose {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 earnings without end.
That is clearly a fantasy.
A number of buying and selling educators have additionally named their buying and selling technique “The Holy Grail.”
Typically they really consider it, typically they’re simply being sarcastic.
Regardless of the case, be sure you avoid anybody who claims to have a buying and selling technique that can’t fail.
All buying and selling methods can fail, even when essentially the most profitable dealer on this planet 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 totally different from virtually each different dealer on this planet.
I’ve seen merchants do nicely day buying and selling only one technique.
Different merchants desire buying and selling a portfolio of swing buying and selling methods.
Some merchants commerce a number of markets, whereas others desire only one.
You get the purpose.
The underside line is that you need to commerce a method that works nicely for YOU.
More often than not, meaning you will must tweak present methods to search out one thing you want.
So the sooner you’ll be able to internalize this reality, the sooner you’ll discover a buying and selling technique that’s worthwhile over a protracted time period.
The Grail is Already Inside You
Now I’ll get a bit of 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 looking for a cup.
However what if the cup is solely a metaphor for what’s already inside you?
And what if a Holy Grail buying and selling technique is solely one other metaphor for buying and selling based mostly in your innate persona?
Imagine what you need, however that is likely to be one thing to contemplate.
Remaining Ideas
After I first began this web site, I believed that there is no such thing as a Holy Grail buying and selling technique.
However I modified my thoughts.
After plenty of expertise and stay buying and selling, there are undoubtedly strategies that profitable merchants use over a protracted time period.
That is a grail to me.
Profitable merchants even have methods for growing new buying and selling methods and that might be thought-about a grail system as nicely.
So if you wish to discover the perfect long-term buying and selling technique for you, cease chasing the most recent fashionable technique on TradingView.
Begin reviewing your buying and selling persona, and growing methods that make sense to you.
Backtest your methods to search 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 great.