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Holy Grail Secret of Trading? No. There is No Trading Holy Grail.

Michael Covel (February 16, 2005)

Traders and investors have always dreamed of magical formulas or Holy Grails enabling them to beat the market and reap huge profits. Pursuing Holy Grails only ends in disaster. For example, among the garbage you will find out there: black boxes or secretive computer systems where the rules are hidden. Black box systems lose in the real world. They are useless. The absolute key is a proper overall education.

Conclusion

If you are here thinking Trend Following is some secret please exit now. If you are here seeking a pitchman pretending to be your market hero, again wrong web site. All that said, we still have people come to this site in search of the Trend Following (or Turtle system) secret. If you want the quick fix, the instant profit landfall or the insiderÂ’s tip, no one can help you. Some would just rather have illusions than reality.

What is reality? Great Trend Following systems use rules, logic, parameters, methods, processes, formulas, data, and research. You will not find the Holy Grail here.

Some Turtles won big. Some lost big. Why?

People of the Lie