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 junk 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.

What do we consider Holy Grails?

• CNBC, Cramer, Bartiromo, Faber, etc.
• Every infomercial running late night.
• Books about Warren Buffett.
• Ken Roberts.
• Brokers.
• Fundamentals
• The list can go on and on...

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 insider's tip, no one can help you. Clearly, 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.

Trading Wisdom comes with time. It is a combination of Knowledge + Tools + Experience. As your skill and experience increases, your toolbox will change. This is like any craftsman. You start with the trading equivalent of a screwdriver, hammer and nails; read trade journals; and maybe even apprentice under a Master Trader or two or three. Eventually, your skills improve and so does your demand for more sophisticated trading tools.

A trading indicator is no different than any other tool. It is only as good as the person who wields it. Some people need only a screwdriver, a hammer and some nails to get the job done. Others require advanced power tools.

The key to trading success is matching the right trading tools (indicators) to your unique personality and trading style. When these two elements merge, you have the perfect system... or as we like to call it - The Holy Grail tool box.

I wish I could tell you there is one silver bullet. But, then again, if such a singular solution existed and I had it, we would not be talking. I, instead, would be resting on my yacht next to the island I had just purchased.

Your quest to find the Holy Grail of trading will be no less perilous and rewarding than Arthur's knights experienced in the pursuit of their grail.