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He won't tell you HOW (and neither will anyone else), so why listen to him?)
Come on, it's "simple": buy cheap, sell expensive...
Buy cheaper than most people buy ... etc.
That's in the bazaar! Not at the stock exchange! Buy before others buy. Don't buy when everyone else is going to sell.
_ Buy before others buy. _
The others are, who? The "herd"? If "the herd", the price will go down. Why buy then?
Others..... not by herd, but by volume.
This is so at the market! Not so at the stock exchange! You have to buy before the others do. Don't buy when everyone else is about to sell.
Here is an alternative way of defining the Grail. No profit and drawdown norms, just the gist.
The signal to open a position must be ahead of the commonly known counterparts. The cancellation of the signal must be ahead of the well-known counterparts for opening reverse positions.
A little more and we will obtain something similar to a conceptual model. Then it is a matter of technique.)
The others are, who? The "herd"? If "the herd", the price will go down. Why buy then?
From what? If everyone buys, the price will go up. Buy with the herd, sell with the herd...
On what? If everyone buys the price will go up.....
Psychic? Price doesn't care what 'everyone' does.
I gave you the above in this thread. Grail starts at profit/loss >= 10/1
And the real grail is when >=20/1
Over what period is the profit/loss?
Does this parameter depend on the duration of the run?