Holy Grail

winstonn · #1 28th May 2007, 09:30 AM

Hello friends,

Who say holy grails dont exist? I have found out!

And that is Excellent Trading Psychology.

Everbody adivce us that dont bear greed, dont bear hopes etc...in trading.All is right.But unless this thing is integrated in our own subconscious mind, we will fall pray to these market emotions.

And i think, Economy exists because of corporates and other things.
But Stock markets exist not because of corporates, but by greed , fear, hope, regret etc........

Well, before going to sleep and while u r awake in morning, just say to ur self below lines. I can assure you that within a month's time frame, ur trading will improve greatly.

' The Divine order within me is infinitely positive. I am calm, relaxed , altert, successfull, wealthy while trading '

Do post your experiences.

Regards,
Winston

Ajax · #2 28th May 2007, 09:36 AM

Oh yes

And we get by, with a little help from our friends
And we get hi. with a little help from our friends

Oh lord, dont let us get too hi

uasish · #3 28th May 2007, 09:55 AM

Mkt humbels me,whenever nessecary.

jatayoo · #4 29th May 2007, 08:29 AM

Quote:

Originally Posted by winstonn

Hello friends,

Who say holy grails dont exist? I have found out!

And that is Excellent Trading Psychology.

Everbody adivce us that dont bear greed, dont bear hopes etc...in trading.All is right.But unless this thing is integrated in our own subconscious mind, we will fall pray to these market emotions.

And i think, Economy exists because of corporates and other things.
But Stock markets exist not because of corporates, but by greed , fear, hope, regret etc........

Well, before going to sleep and while u r awake in morning, just say to ur self below lines. I can assure you that within a month's time frame, ur trading will improve greatly.

' The Divine order within me is infinitely positive. I am calm, relaxed , altert, successfull, wealthy while trading '

Do post your experiences.

Regards,
Winston

-------------------------------------------------------
HI WINSTON
Looks like you want to hypnotise yourself

Their is no HOLY GRAIL.
If at all their is one it may be in ' UNDERLYING VALUE'
How to recognise this 'UNDERLYING VALUE' Perhaps no one knows.
Yet Every one Thinks that he knows it, until the market proves him wrong.
SO let us put the question upside down and ask what constitutes no underlying value?
?IS TRADING BETWEEN SUPPORTS AND RESISTANCES BASED ON ANY UNDERLYING VALUE
DO HYSTERICAL EMOTIONS OF FEAR AND GREED LEAD TO THE DISCOVERY OF IT?
SO WHAT CONSTITUTES THIS CREATURE CALLED "UNDERLYING VALUE"??

biyasc · #5 29th May 2007, 09:54 AM

Quote:

Originally Posted by jatayoo

-------------------------------------------------------
HI WINSTON
Looks like you want to hypnotise yourself

Their is no HOLY GRAIL.
If at all their is one it may be in ' UNDERLYING VALUE'
How to recognise this 'UNDERLYING VALUE' Perhaps no one knows.
Yet Every one Thinks that he knows it, until the market proves him wrong.
SO let us put the question upside down and ask what constitutes no underlying value?
?IS TRADING BETWEEN SUPPORTS AND RESISTANCES BASED ON ANY UNDERLYING VALUE
DO HYSTERICAL EMOTIONS OF FEAR AND GREED LEAD TO THE DISCOVERY OF IT?
SO WHAT CONSTITUTES THIS CREATURE CALLED "UNDERLYING VALUE"??

holy grail does not menas that you will win on all trades.

if your are looking for decent average return on daily/weekly/monthly/yearly basis with your trading plan (entry, exit, money/risk managemnt, diciplines)then just do the job what your plan says & i am sure one day you will say that "holy grail is exist".

winstonn · #6 29th May 2007, 10:09 AM

Hi Jatayoo,

what you said was a method. Offcourse, holy grail in a method means searching life on other plannets.

My view here was psychology.And how do we conquer our emotions without stress.

Well, the best value fo a stock or any other financial instrument is Market price itself because it really exists while all other ' Underlying values ' are just a Maya Jaal.

Regards,
Winston

beginner_av · #7 29th May 2007, 10:49 AM

Quote:

Originally Posted by jatayoo

-------------------------------------------------------
HI WINSTON
Looks like you want to hypnotise yourself

Their is no HOLY GRAIL.
If at all their is one it may be in ' UNDERLYING VALUE'
How to recognise this 'UNDERLYING VALUE' Perhaps no one knows.
Yet Every one Thinks that he knows it, until the market proves him wrong.
SO let us put the question upside down and ask what constitutes no underlying value?
?IS TRADING BETWEEN SUPPORTS AND RESISTANCES BASED ON ANY UNDERLYING VALUE
DO HYSTERICAL EMOTIONS OF FEAR AND GREED LEAD TO THE DISCOVERY OF IT?
SO WHAT CONSTITUTES THIS CREATURE CALLED "UNDERLYING VALUE"??

Investor may look for value. For a trader there is nothing called value. A trader doesn't look for value. For a trade it is the price movement that matters, not price location (whether it is high or low).
[paraphrased from Chick Goslin]
Regards

ratan jain · #8 29th May 2007, 11:50 AM

Winston:

You will make it as a day trader.

email me for some market psychology books....which I am sure others on this forum dont believe too much in

swagat86 · #9 29th May 2007, 11:59 AM

wen the topic has begun lemme show u a holy grail system. Dont trust ur eyes??

c the chart...>>

aroymkp · #10 29th May 2007, 01:48 PM

use a zig zag indicator to buy/sell - it will SHOW you a holy grail - in real time don't even try trading zig zag as it changes with market movement