FX Trading Operations Room | The 5th About Finding the Holy Grail of FX [FX攻略.com Editorial Department]
From the standpoint of publishing the country’s only monthly FX information magazine, the aim of this project is to extract mistakes and common misperceptions that many traders tend to fall into, and to share them with you. This time, we would like to think about “the effective use of various order methods in FX.”
【FX Trade Operation Room [FX攻略.com Editorial Department]】
・Episode 1: League Play and Tournament
・Episode 2: Before You Start Scalping
・Episode 3: Upgrading Your FX Skills
・Episode 4: Effectively Utilizing Various Order Methods
Table of Contents
1. What is the Holy Grail of FX, something that guarantees winning but can never be reached
2. Relying on a single method will eventually run out of steam
3. Can beginners win easily with a simple method?
4. The biggest problem with chasing the Holy Grail
5. Considering why there is no “Holy Grail” in FX
5-1. Reasons why the Holy Grail does not exist
5-2. Even if a Holy Grail existed, why it would be irrelevant to most investors
What the FX Holy Grail Is: A Method That Guarantees Profit But Is Impossible to Reach
In the FX world, the word “Holy Grail” often carries negative implications. Specifically, the notion that “there is no Holy Grail.” This month, we will proceed with this Holy Grail as the theme.
Originally, a Holy Grail refers to a vessel used in Christian rites. There is a theory that it was used at the Last Supper when Jesus Christ shared a meal with his disciples before His crucifixion. In Western literature, stories about pursuing the Holy Grail are broadly called the Holy Grail legends.
Thus, beyond the meaning of “a unique, precious thing,” the Holy Grail also carries the nuance of “something that cannot be found despite searching for it.”
In the context of FX, the Holy Grail means a “foolproof method that surely yields profits,” and, just like the original Holy Grail, contains the substantial nuance of being something you cannot actually reach or obtain.