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The Coin-Flip Theory

  • #381
  • Sep 11, 2014 12:07am Sep 11, 2014 12:07am
Day 23: September 09 , 2014
Result: -15.18%

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Day 23: September 11 , 2014
Bet Loaded

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  • #382
  • Edited 3:05pm Sep 26, 2014 5:11am | Edited 3:05pm
Quoting Jysticim
The conclusion: I did this with real money because it is only 100$. The second day my nerves were tested to see almost a margin call is not fun after that I was full of joy the first days, ofcourse, but the 5th day I shit my pants. To see such big DD(I knew it before I started but still....) and especially with large sums of money its so painful. The world stops for a moment. So my first reaction that day is to pull all the money of it. That was still a big deal 27k.
Hello to all!

Can someone, please, explain me, how was it possible to achieve those results in first 5 days, if the drawdown at first 4 days was obviously larger than 3,4 pips (which was a stop out with 1:2000 leverage as Jysticim said)?
Thanks in advance!
UPD: Question closed. I have found the answer.
Artem
Let's go with the flow
  • #383
  • Sep 26, 2014 8:39am Sep 26, 2014 8:39am
Quoting victor_ray
Day 23: September 09 , 2014 Result: -15.18% {image} {image} Day 23: September 11 , 2014 Bet Loaded {image}
Hi Victor! Can we get the usual updated about this week...?
  • #384
  • Dec 16, 2014 2:24pm Dec 16, 2014 2:24pm
Correct me if I am wrong or its been stated/explained already but I do not see how you had those pip gains.

Quote
The results:
From 17-June till Today Leverage 1:2000 Start with 100$

Sell Day 1:
Open 1.35619
Close 1.35531 Gain: 88 Pips
88 Pips x (0.00001/1.35531)x(100$ x 2000) = 129$ +100$ = 229$

Open 1.35619
Close 1.35531 Gain: 8.8 Pips not 88 pips.

On the 17 jun there was only 51 pips from open to close in total for the whole day, so I don't see how you got 88 pips in one hour.
  • #385
  • Dec 16, 2014 2:29pm Dec 16, 2014 2:29pm
88 Pipettes = 8.8 pips
  • #386
  • Edited 2:50pm Dec 16, 2014 2:36pm | Edited 2:50pm
Quoting Jysticim
88 Pipettes = 8.8 pips
I am sorry, but I have not read the entire post. So I do not know what has been said before.

Can you help me to understand your maths.

Sell Day 22:
Open 1.35355
Close 1.35296 Gain: 59 Pips
59 Pips x (0.00001/1.35296)x(514$ x 200) = 44$ +514$ = 558$

Sell Day 22:
Open 1.35355
Close 1.35296 Gain: 5.9 Pips
5.9 Pips x (0.0001/1.3523)x(514$ x 200) = 44$ +514$ = 558$

In the above examples, can you explain.

If you gain 59 pips or 5.9 pips using the same 1:2000 leverage, this should result in more profit for the 59 pips not the same as 5.9, I don't get it.

Quote
5 digit broker, spread is 5-8 pips

How can you make money if you made 59 pipettes or 5.9 pips and your spread is 5-8pips

Also, what lot size are you using?
  • #387
  • Last Post: Edited Dec 17, 2014 5:11am Dec 16, 2014 8:01pm | Edited Dec 17, 2014 5:11am
I did some calculations based on your original post: 1:2000 leverage

https://docs.google.com/spreadsheets...it?pli=1#gid=0

here is the same calculations with 1:200 leverage.

https://docs.google.com/spreadsheets...y8I/edit#gid=0

As you can see, as soon as you have one loss its game over.
I based this on increasing volume, I assumed you were increasing the volume after each trade based on balance.

Your maths is wrong.

There is a big big error in your calculations.......Is this a troll thread?
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