This is a system if it works for the folks that work all day
This system applies the coin flip
Use Daily chart
100 TP 100 SL...why? 50/50 chance either way. And 100 eliminates noise
In my opinion....
100TP 50SL is no good cause you will hit 50 more often...ie shoot a basketball from
10ft away or 20ft away. You shoot and hit more baskets at 10ft
50TP 100SL will work but then couple bad days and you have too much ground to make up
Rules....1% for a win...so whatever that works out ie .01 or .1 lots value of your account
All trades MUST complete on their own. ie if it goes 99 up then down for a loss oh well...
Buy or sell?.....whatever the DAILY says at 6-7pm ET(end of day)
Down day then you Sell
Up day then you Buy
Daily chart only
Simple eh?
Place the trade at this time as all markets are closed and will be start of new day
(Asia open)
You win then repeat....
Loss? then you place a 2% trade to make up
Loss again 4% 8% 16% 32%etc
Theory behide system
I'm betting on the power of the coin flip how many times can I (not) pick tails(loss)
WHILE!!! going in the direction of the DAILY trend.
Remember the price can only go in 2 directions up or down. You have 50/50 chance
on hitting either.
Go ahead and play(demo) you have nothing to lose(demo)....once you have set your trades and limits shut it down and go to work or live your life ONLY check
once a day! the limits are with broker so no need to leave on screen all day....
Been doing well(demo) but reason for this post is if there is anyone that sees something really wrong with this system and start a discussion.
I am not here to brag results on demo that is why I'm not sharing any results.
What I want is for others to think about system to see if it will or will not work.
Have a great trading day
B-cat
This system applies the coin flip
Use Daily chart
100 TP 100 SL...why? 50/50 chance either way. And 100 eliminates noise
In my opinion....
100TP 50SL is no good cause you will hit 50 more often...ie shoot a basketball from
10ft away or 20ft away. You shoot and hit more baskets at 10ft
50TP 100SL will work but then couple bad days and you have too much ground to make up
Rules....1% for a win...so whatever that works out ie .01 or .1 lots value of your account
All trades MUST complete on their own. ie if it goes 99 up then down for a loss oh well...
Buy or sell?.....whatever the DAILY says at 6-7pm ET(end of day)
Down day then you Sell
Up day then you Buy
Daily chart only
Simple eh?
Place the trade at this time as all markets are closed and will be start of new day
(Asia open)
You win then repeat....
Loss? then you place a 2% trade to make up
Loss again 4% 8% 16% 32%etc
Theory behide system
I'm betting on the power of the coin flip how many times can I (not) pick tails(loss)
WHILE!!! going in the direction of the DAILY trend.
Remember the price can only go in 2 directions up or down. You have 50/50 chance
on hitting either.
Go ahead and play(demo) you have nothing to lose(demo)....once you have set your trades and limits shut it down and go to work or live your life ONLY check
once a day! the limits are with broker so no need to leave on screen all day....
Been doing well(demo) but reason for this post is if there is anyone that sees something really wrong with this system and start a discussion.
I am not here to brag results on demo that is why I'm not sharing any results.
What I want is for others to think about system to see if it will or will not work.
Have a great trading day
B-cat