GRAAL in trading - definition...
What is a GRAAL?
It's when you don't have to go to the factory!
The grail for me is a daily profit with a set amount.
For example, 10,000 roubles a day from (50,000roubles balance)
what do you want to do with this money?
the second month of income
What do you want to do with the money?
the second month of income
withdraw profit every month - and the balance has always been 50,000 roubles
withdraw profit every month - and the balance has always been 50,000 roubles.
No, you won't make any money that way. no explanation.
The grail for me is a daily profit with a set amount.
for example 10,000 roubles a day from (50,000roubles balance)
Yes! - My lip is not stupid! - As many would say, you have to roll it up.
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There is a lot of talk about grails on this forum, but there is no general understanding: What is a Grail?...
Each Trader understands "Graal" in his own way, so there is often no general specificity in these conversations...
I propose to work out a common definition of "GRAAL", which would suit the BIGGEST of traders...
Imagine the strategy you would like to have and the properties that THIS strategy has...
In professional jargon it is called - determination of the Ideal Final Result (IRR)...
Naturally, many traders TI will be slightly different from the proposed options ...
But in the end, you can achieve a determination of IRR that will suit the BIGGEST OF TRADERS.
It is this IRR that can be taken as the definition of "GRAL".
Your suggestions for your IRR ?