Thursday, December 27, 2007

Holy Grail



Is the search for the 'Holy Grail' trading method of benefit to the trader? If the trader enjoys the journey and is able to utilize the imperfect methods found during the quest, then it can be of immense value. The trader's success depends on becoming comfortable with taking the calculated risk implied by the imperfect methods. The quest for the grail can provide the trader with the impetus to continuously improve his methods and market understanding.

From 'The Alchemist' by Paulo Coelho:

"Why are you called the alchemist?"
"Because that's what I am."
"And what went wrong when other alchemists tried to make gold and were unable to do so?"
"They were looking only for the gold", his companion answered. "They were seeking the treasure of their Personal Legend, without wanting actually to live out the Personal Legend."

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