Trading Tips No 4: Technical Analysis The Holy Grail Syndrome
Everyone knows that the Holy Grail of investing and trading is a myth. Finding a good technical analysis tool that will give you a trading system that wins all the time is called the holy grail of trading. This means that one would never have a losing trade, not to mention consecutive losing trades, never have an equity curve drawdown, and after five winning trades in a row will just keep on delivering winning trades forever! There is simply no technical analysis or system that wins on every trade.
Then why do most losing traders act as if there is or should be a trading system holy grail? You know the symptoms. When considering a new system to trade, losing traders will only consider those that have had a strong winning record for the prior month or quarter. They will jump from one system to another looking for the latest “hot” system, passing up or abandoning good systems that have had a good long-term record of accomplishment simply because they may have lost on the last three, four, or five trades. A good system can and will have five losers in a row. Likewise, a bad system can and will have five winners in a row. Therefore, selecting a trading system based on its most recent short-term record is a loser’s game - it’s the loser looking for the next system with a “holy grail” mentality.
Winners, on the other hand, know how to use good technical analysis that will properly evaluate a trading system to determine if it is good or not. Once they have found a good system and a technical analysis tool that delivers superior returns consistently over a long period of time (years), they stick with it. Even after they have had five losing trades in a row, they stick with it. Because they know while the Holy Grail does not exist, a good system will follow those losing trades with winners that more than offset the losers and deliver superior returns.
Think like a winner.
If you would like to learn more about technical analysis and you have a computer and a burning desire to seize success, then you have what it takes to personally unearth Bill’s Astonishing, step by step trading secrets ... BUT ONLY FOR A LIMITED TIME. http://www.instantprofitstoday.org
Investing in ChatGPT's AI Revolution: Where to Begin The Motley Fool
Some Investors Are Missing Out on Higher Yields—and Don't Know It The Wall Street Journal
Investing in Macro Andreessen Horowitz
RiverFront Strategic View: Why We Prefer Investing In Commodity Stocks Rather Than Direct Commodities - ETF Trends
RiverFront Strategic View: Why We Prefer Investing In Commodity Stocks Rather Than Direct Commodities ETF Trends
Entertainment vs. Investing A Wealth of Common Sense
Will the Backlash from the Right Slow ESG Investing? Yale Insights
Former NYSE CIO founds neobank that combines banking and ... American Banker
Ford Stock Spotlight: Red Bull Ford Partnership, Ford Special Dividend And Investing In The Auto Industry In 2023 - Forbes
Ford Stock Spotlight: Red Bull Ford Partnership, Ford Special Dividend And Investing In The Auto Industry In 2023 Forbes
USI holds stock market investing seminar for students 14 News WFIE Evansville
Kansas City Chiefs Look For Big Win — In Startup Investing Crunchbase News
Comcast Investing $50M to Expand Indiana Broadband Government Technology
Want to Invest in ChatGPT? Buy Microsoft Stock Investing.com
How Shopify's investing strategy has evolved Modern Retail
Investing When Your Time Horizon Is Short The New York Times
OH investing $525k in community health with 25 grants The Owensboro Times
Why Is Wall Street Loving Amazon So Much? Investing.com
Investing in Snapser Andreessen Horowitz
ETFs Allow Investors to Follow Washington's Stock Choices The Motley Fool
Where to Invest $100 Right Now The Motley Fool
Add “X” to Boost QQQ Yield From 0.9% to 8.4% Investing.com
Japan insights: 89% of Chinese investors are interested in taking a real estate tour in Japan - Yahoo Finance
Japan insights: 89% of Chinese investors are interested in taking a real estate tour in Japan Yahoo Finance
U.S. Debt-Ceiling Clash: What Investors Should Know U.S News & World Report Money
It’s Time to Be Interested in Pinterest Again Investing.com
8 Stocks to Buy That Benefit From Falling Inflation U.S News & World Report Money
Ashton Kutcher's tech investments made him millions—now he only takes 'roles that I want to play' - CNBC
Ashton Kutcher's tech investments made him millions—now he only takes 'roles that I want to play' CNBC
Why You Should Invest: Top 10 Reasons AllBusiness.com
Investors obsessing over AI is latest symptom of the 'Amazon disease': Morning Brief - Yahoo Finance
Investing in US Foods Holding (NYSE:USFD) five years ago would have delivered you a 26% gain - Simply Wall St
Investing in US Foods Holding (NYSE:USFD) five years ago would have delivered you a 26% gain Simply Wall St
The Pitfalls of Investing in China Barron's
Ocean City owners investing big in South Jersey Yacht Sales ... Ocean City Sentinel
The Billion-Dollar Question: Soft Landing or Recession? Investing.com
26 Meme Stock Alternatives: Momentum Investing Advice, Evercore Business Insider
Global ESG Fund Investments Plunged 76% in 2022 Investopedia
The 10 golden rules of investing Yahoo Finance
Rates Spark: The Range Is Your Friend Investing.com
Want to Get Richer? Where to Invest $10,000 in 2023 The Motley Fool
Investing in Method Andreessen Horowitz
2 Key Things From Amazon's Earnings Call Investors Should Know The Motley Fool
Global Markets: A Window on the World Economy
Expectations drive the market. Every stock price is driven by what people expect the company to do.
Use this Simple Trick its to Buy $100 Bills Direct from your Bank for only $97
Most People just don't understand the power of using their home as a Wealth Creation Tool. How many people do you know who have lived in the same house for 10, 15 or more years and have virtually no mortgage, You know the Type 'House Rich Cash Poor'.
It's Not the Size of Your Bank Account
You might think that if you win the lottery or get a huge raise, all your problems will be solved. Sounds logical, right? Well, it might sound logical, but it isn't.
DXPortfolio: A Great Passive Investment of 25% to $40% per month
First, I need to explain about e-currencies or digital currencies. DXPortfolio are based and supported by the supply and demand of e-currency.
Larry, Moe and Curley, Investment Brokers
Larry, Moe and Curley were sitting in their favorite restaurant just off Wall Street having their usual 3 martini lunch and were discussing the day's events and their client portfolios.Larry:"I had 12 calls this morningfrom customers wanting to know why the market was going down".
Retirement - Its Sooner Than You Think!! (Honestly)
Many people hear "retirement" and think- what? 401K? Roth vs. Traditional IRA? Stocks, bonds, mutual funds? Do they?Or do many people put money away according to the suggested amount and then simply hope that when retirement comes all will work out?One report I read estimated that 66 million Americans have put away a Whopping $0 towards retirement.
Investing Offshore for Retirement
As an expatriate you are in a privileged savings and investing position. Make the most of the options available to you while you can, consider investing offshore for your retirement.
Investing & Online Stock & Share Trading- The Stock & Share Markets are Booming But Be Warned
I had the pleasure of being invited on a friend's yacht to sail in a race on Sydney Harbour yesterday. On board, as one of our motley crew, I met a top ranking corporate executive from one of Australia's largest banks, who we'll call 'Phil' here for the purpose of this article.
Mutual Fund Selection Made Simple By Indexing!
Non-indexed mutual funds try to keep it secret that actively managed mutual very funds rarely do better stock market indexes. The higher fees of the managed funds really make it hard for these funds to out compete indexed funds.
How to Buy to Let
Find out everything you need to know about buy to let. Learn what to buy, where to buy and what not to buy.
Options Education : Opinion versus Fact!
The most basic aspect of trading is learning to differentiatebetween what is FACTUAL and what is OPINION. If you stayinterested in the financial markets long enough you willdiscover that there are a lot of sharks out there who havebecome expert at making that task very difficult.
Shareholders Meeting Changing With Times
A significant number of corporations that settled accounts in the past year are ready to hold their annual shareholders meetings.In this year's meetings, more than 300 companies plan as their main focus of attention defense measures against hostile takeover bids.
Getting Started Investing is Often the Hardest Part
There are several reasons people give for not investing their money in things like stocks, bonds, and mutual funds. One reason is that they feel that they don't have enough money to make a serious investment, but a more common reason that many people have absolutely no idea how to go about getting started investing.
The American Age of Inflation is Over
"The American Age of Inflation is finished." So says economist Robert Samuelson in his December 2nd Washington Post column.
How to Analyze the Veracity of Investment Newsletters
When trying to analyze whether a promotional ad for an investment newsletter or a market timing investment trading system is worthy of investigation, the following questions should be asked:Does the strategy have a track record? Without this you are really allowing your emotions to be in play. All of us want to believe that if someone says something it must be true.
Raising Capital in Today's "New Economy"
We've helped a number of clients develop business plans and raise capital from "angel" investors, corporate entities and venture capitalists during the last 6-8 years. It's always a daunting process that can be full of pitfalls and require a tremendous amount of work - but it can be done! Here is some perspective gleaned from years of experience.
Waiting 20 Years Can Cost You Millions - Dont Wait Start Today
Many Young people live for Today. They really don't fully understand the power of compound interest.
How to Invest Overseas - Intelligently!
In recent months, many advisors have talked a lot about the wisdom of investing overseas, but most have failed to really address the way to do that. For new investors, investing in the U.
Finding a Broker
"Hey Joe! I need help finding a broker. I notice that discount commission rates are pretty much the same.
A Safe Port For Mutual Funds But Not You!
Soft dollars, a form of legal kickback, is a sly way you can get ripped off by mutual fund managers. Full service brokers give these kickbacks to non-indexed mutual funds in the form of a "rebate" to purchase research, software, and even computer equipment.
|home | site map|