Coinflips signals for 100 pips a day

I desided to start taking signals by coinflipping and pulling numbers from the magic hat...

Ill start out tommorow. signals will be taken in the mornings just before or after london open,,depends on when im awake..

ill start out with 3 pairs eurusd,,,eurjpy,,,gbpjpy..
the plan is to atleast take 20 pips from eurusd and 80 pips on the yen pairs.. SL i guess ill use 100 pip a pair..
i let the magic hat deside from time to time..

its not gonna be scalping,,so results should easily be confirmed..
i will ofcourse update once a day..

ps. following the signals are on own risk..

desided to start early heres the first trades..

the coin has spoken again..even there was 2 open trades....i asked the magic hat and it confirmed...take 3 more trades....so here they are..

hitting target sometime today i was promised..

update the coin was flipped again..and more positions added..

heres the results for today..letting the coin take new positions tommorow again......

g morning flipping the coin early today..

here are todays positisions..the magic hat say it will work out..with patience..

Maybe you'll write a bit about money/trade management

hmm 100-200 pip SL and trying to use,,scaling..

hers an update added 2 more positions...havent been much action yet today it looks like...so guess the positisions doesnt hit target before next week..

hi all desided to close for this week...heres the result....
will ask the coin and magic hat again from monday next week..

k

from next week im gonna use positions,so it fit the account..1 -2 dollar a pip is too little.

the magic hat said..join the market again..so heres the position..

seems 8 dollar a pip is max here..so gonna use this from now on..

update...

update...and closing for this week...

I like your idea but your coin toss might be biased. Suggestion, use the last digit of the dow at the close. If it is odd go short on open next day..if it's even go long on the open the next day.

lol i gotta admit...the magic hat helps too

Even better idea is to use your system in back testing. Once you get a positive equity curve that looks good, package it, and then put a price tag on it.



Be sure to make this part on the box small print

ie
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

hmmm think its imposibel to backtest...
but lets see how the hat perform next week..lol

TEach us your money management techniques!!