Originally Posted by
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The Holy Grail........Found
I've been reside trading forex exclusively for the last 4 decades and losing consistently. I've spent thousands on what has to be at least a hundred courses/systems. I even paid $2000 for a mentorship program from a trader that eventually was demoned to be a fraud (I personally did the investigation). Nothing I tried worked consistently enough to generate the promised steady stream of revenue. I've read books from Douglas' Trading in the Zone to Horner's Trading Forex Willi' Trading Chaos. Nothing worked. I gradually have come to the decision that all forex system vendors/gurus are frauds (Birdwatching in Lion Country comes to mind).
Several months ago I bought another valueless system that later purchase was found to be based on moving averages, Fibonacci, and divergences. Literally, in the same time that I felt duped again by purchasing this system, I had that renowned Ah-ha second that plogists have spoke about (and I never thought in). Very suddenly I understood the suitable way to exchange. This epiphany was hugely overpowering. Since that day six months before, I have solely exchanged my egy, which incidentally uses just one indior. Forget Fibonacci, forget pivots. How many more traders must proclaim that lagging indiors don't work before failing traders, such as I was, believe them? I, for one, have passed that hurdle. I've had 6 losses at the 240 trades taken since I started using my egy. Unquestionably, it is that the Holy Grail (and they say that it does not exist - HA!) . It is equally profoundly logical and simple. It is the result of subtle input from many systems that fail because they ignore the simple fact of who drives prices and they attempt to predict price movement. But these systems each had a kernel of truth behind them, and I suspect that these kernels of fact eventually attained a critical mass in my mind that resulted in my epiphany.
For the first time I'm consistently profitable using a egy that I didn't have to buy and is way more logical than anything I've ever seen. I trade without anxiety, rather a novelty. I had to be exposed to (and fleeced by) trading mentors/gurus before I discovered that the Holy Grail does exist but no vendor will sell it. No vendor/mentor that I've come in contact with has something even close.
The objective of this article is not to tease viewers into buying a system that I am selling at a subsequent date (the only legitimate way to train a student to exchange a system would be to do it 1-1 in person with a live account). Its objective is only to allow them to understand that the Holy Grail does exist and are available by all that persist. I'm no genius. Here is some tips to ease its discovery.
I have never found a system vendor or mentor who could prove he exchanged reside. Consider that.
There's but one reason why a vendor/mentor won't disclose a live account statement.
Monitor articles daily in the forexforum.co.za forums. Several have helped since they have stimulated thought. Consider what should work and why. Never stop thinking.
James16 forum would be worth the money if just for one month. Of all of the systems that I studied, his is nearest to the Holy Grail. His forum could set you on the right path. Sorry, Dial, however, PIN pubs are not dependable enough for me personally, but PA is king.
The more expensive the machine, the more money spent on its own marketing than its material. The most expensive system I purchased was a fancy 5/13EMA crossover with an RSI filter. It had very wonderful packaging, however.
The principal requirements for successful live forex trading are courage and patience. The market consists of traders with varying advantage. This last statement is the key.
I hope this article was useful. There's light at the end of the tube, however it is just for the determined few. With persistence, only when you get totally fed up with discretionary systems, arcane indiors, and blowhard fraudulent vendors/gurus, the fog will clear and you, also, will find the Holy Grail.