Hey guys, here's an idea that may improve this system. It is a money management system that uses a progression, and returns profits in a 50-50 win-lose system. Since this system is way over 50% it should really work well. Here's how it works:
1. Flip a coin, choice heads or tails.
2. If lose +1 to lot size
3. If win -1 to lot size (except if it's already 1)
For example lets say we choose heads every flip with these results: h,h,t,t,h,t,h,t
Imagine each tail flip is a losing trade = 4 winners, 4 losers. If each toss represents a 10 pip gain/loss we're break even. Using money management we could have a net gain of 10 pips. Here's how it happened:
h +10
h +10
t -10
t -20
h +30
t -20
h +30
t -20
Try it with a coin toss, and you'll be surprised it returns a profit over an average of 100 flips. Maybe someone could back test trades and so we could see how much more profit it would have returned.
Dustin
1. Flip a coin, choice heads or tails.
2. If lose +1 to lot size
3. If win -1 to lot size (except if it's already 1)
For example lets say we choose heads every flip with these results: h,h,t,t,h,t,h,t
Imagine each tail flip is a losing trade = 4 winners, 4 losers. If each toss represents a 10 pip gain/loss we're break even. Using money management we could have a net gain of 10 pips. Here's how it happened:
h +10
h +10
t -10
t -20
h +30
t -20
h +30
t -20
Try it with a coin toss, and you'll be surprised it returns a profit over an average of 100 flips. Maybe someone could back test trades and so we could see how much more profit it would have returned.
Dustin