Step 2
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This thread is very interesting. But rather of going all in all of the time, I'll prefer just to risk 50% of the consecutive profits. It's only another 16 steps to achieve 64k
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"Money for nothing, chicks for free"
Play 50%_Bank 50% Profit This Year:
na
Adapt useful, reject useless, add what is specifically your own.
David Perk CLS Strategy 1 All Time Return:
3,531.3%
- #234
- Oct 10, 2019 1:19am Oct 10, 2019 1:19am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
[quote=neil001;12550953]
Good question, it looks like you have just studied martingale with a coin toss, outcome will always be 50/50 no matter how many heads/tails have come out.
i Trade slightly auto style and I trade off stats, I look for 5% every trading day.
i agree with your post but I know I am right also.
Trade well..
{quote} Really - why would trade 6 (or 7, 8 or whatever) be harder - the market doesn't keep a record of what each individual play does..........each trade stands unique in its own time and setup - ABSOLUTELY unique
i Trade slightly auto style and I trade off stats, I look for 5% every trading day.
i agree with your post but I know I am right also.
Trade well..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
[quote=billytt;12551473]
Hi Billytt- it's not my study 
Its a scientific fact that (in a balanced environment) each flip of a coin has a 50/50 chance of being Heads or Tails.........if it so happens that heads comes up 27 (for example) in a row - the chance of tails on the next flip is still 50/50 and completely unaffected (or unrelated) to the previous results. It is also know that over a large enough sample size, the results of heads vs tails will be the same.
{quote} Good question, it looks like you have just studied martingale with a coin toss, outcome will always be 50/50 no matter how many heads/tails have come out. i Trade slightly auto style and I trade off stats, I look for 5% every trading day. i agree with your post but I know I am right also.
Its a scientific fact that (in a balanced environment) each flip of a coin has a 50/50 chance of being Heads or Tails.........if it so happens that heads comes up 27 (for example) in a row - the chance of tails on the next flip is still 50/50 and completely unaffected (or unrelated) to the previous results. It is also know that over a large enough sample size, the results of heads vs tails will be the same.
- #236
- Oct 10, 2019 3:51am Oct 10, 2019 3:51am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
[quote=neil001;12551525]
I agree 100%.
Forex isn't 50/50 it is not random.
i was just trying to make a point.
trade well.
{quote} Hi Billytt- it's not my study
Forex isn't 50/50 it is not random.
i was just trying to make a point.
trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #237
- Edited 5:00am Oct 10, 2019 4:43am | Edited 5:00am
[quote=billytt;12551856]
Oh but Billytt - it certainly is!!!!! It will either go up or down!!! Enjoy your trading
PS - I'm not arguing with ya - just trying to save that original poor fella some cash!!!
{quote} I agree 100%. Forex isn't 50/50 it is not random. i was just trying to make a point. trade well.
PS - I'm not arguing with ya - just trying to save that original poor fella some cash!!!
[quote=billytt;12551473]
5 pips 5% and never busted your account in the past 5 years since you’ve Started your Ej thread? Is this doable?
{quote} Good question, it looks like you have just studied martingale with a coin toss, outcome will always be 50/50 no matter how many heads/tails have come out. i Trade slightly auto style and I trade off stats, I look for 5% every trading day. i agree with your post but I know I am right also.