WHAT IF IT DOES EXIST? - page 4
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Sergei, I am not in favour of perpetual motion machines. And I am well aware that they do not exist. However, there are processes in nature that have been going on for years, to put it mildly. For example: the rotation of the Earth, thermonuclear reactions in the Sun, etc. However, we do not need the Grail to exist forever. A certain period of time - three-four-five-ten years will suffice for us. That will be enough for us. And a few months is enough for someone ........
Exactly this reason steadfastly supports the TA myth. If you hold a trading systems competition on a limited timeframe, and there are enough participants, then with probability 1 there is bound to be a winner.
PS: Generally speaking, this implicit definition is not the Grail by definition. But when you realise you had the Grail in your hands, it will be too late.
It is useful to think about the consequences beforehand.
p.s. Book on the subject: http://www.amazon.com/Lecturing-Birds-Flying-Mathematical-Financial/dp/0470406755
The invention of the perpetual motion machine is hindered by friction, gravitation and other "earthly" things. As we know, there is always something in the way of a bad dancer as well )))). Something always gets in the way - it's a law of nature. When it comes to creating a grail on Forex, there will always be something in the way of spreads, execution delays, requotes, incompleteness of information collected by a broker, liquidity, force majeure, defaults and other "mundane" things....))))
The invention of a perpetual motion machine is hindered by friction, gravitation and other "earthly" things. As we know, a bad dancer is always in the way ))). Something always gets in the way - it's a law of nature. When it comes to creating a grail in forex, there will always be something in the way of spreads, execution delays, requotes, incompleteness of information collected by the broker, liquidity and other "mundane" things....))))
It's the bad dancer who gets in the way. But there are good dancers too. ))) Abramovich, Berezovsky, Baturina ... But their "grail" is not eternal. It all depends on the terminology, on what each understands by the grail. If it is TS, which brings profit for 2-3 or even 5 years, it is quite possible. Only again without guarantees.
In real life, there is an administrative resource that allows some dancers to temporarily turn off the interfering factors.
Khodorkovsky had exactly the same grail as Abramovich, Berezovsky, Baturina ))). But it does not work for him. So it is not a 100% grail))).
If we are talking about the final period of time, the grail is possible. But it would prevent them from "accelerating". Because there is fear, fear of sinking and other "mundane" things, because in such a short period of time people may not be convinced of the correctness of the grail, and it is impossible to determine when it will end....))))
it is impossible, in practice - all the "smart books on Forex" say: money management is primary, avalanche traders are getting closer to the Grail, they would let the profits grow and go towards profit - and then they would rule the market )))))))))
It is the bad dancer who gets in the way. But there are good dancers too. ))) Abramovich, Berezovsky, Baturina ... But their "grail" does not last forever either. It all depends on the terminology, on what each understands by the grail. If it is a TS which brings profit for 2-3 or even 5 years, it is quite possible. But again, there are no guarantees.
+100
Exactly. There are successful people, very successful people. They are the ones who have their own grail. But this grail is not the one that was founded at the beginning of the path, it is constantly changing (changing strategies and tactics throughout the life of the grail). The grail is something amorphous, like an amoeba, changing its shape over time depending on the grail's environment.
PS If the grail is not wiped down and timely lubricated with solidol, it too will eventually be eaten by rust.
It is unlikely that a trading system can be created that will - once run - be profitable for its owner forever. However, it is conceivable that there are people who are capable - more or less often - of devising systems that are profitable over a period of time.
Khodorkovsky had exactly the same grail as Abramovich, Berezovsky, Baturina ))). But it does not work for him. So it is not a 100% grail ))).
He simply refers to the Bad Dancers.
)))