EASY-MONEY by cointoss

Login : 10257810
Investor : 6xl8gfv (read only password)

platform ibfx.com.au
lot size : nano
starting capital :$1000
leverage 1:400

Strategy :

trade eur/usd only

When to enter : - yup.. this is not a joke. i only enter trade based on coin toss. marked my coin one side is buy and another is sell

for example : you toss a coin at certain time of every trading day (monday until friday), if the coin shows u buy. you follow it. if result is sell, just follow it.

take profit : 50 pips
stop loss 50 pips

use martingale strategy.

0.01
0.02
0.04
0.08
0.16
0.32
0.64
1.28
2.56

which means, i will enter a position after a coin toss.

the reason why eur/usd is because market dont really manipulated by broker and it is most traded pair as well

if i have chances of 9 times getting hit with stoploss, total drawdown is only $255.50 (-25.5%)

but it is a coin toss, guess what are the chances will hit the stoploss for 9 consecutive times?

if i hit the takeprofit, the next day will go back betting on 0.01 lot. only trade once a day!

0.01 x 50 pips = 0.5
0.02 x 50 pips = 1
0.04 x 50 pips = 2
0.08 x 50 pips = 4
0.16 x 50 pips = 8
0.32 x 50 pips = 16
0.64 x 50 pips = 32
1.28 x 50 pips = 64
2.56 x 50 pips = 128

total $255.5

percentage : 25.5%


stay tuned for the result. thx everyone for reading

I also trade by tossing coins. I don't know how long you've been doing this, but I've been doing it for well over 10 years, tens of thousands of live trades, and 10's of millions of simulated trades.

9 consecutive losers will be hit, and probably within the next year.

on the 9th consecutive loss, your accumulated losses are (TWICE 2.56 - 1).

If you have made the loss on the 9th trade, your loss on the 9th trade is 256, plus the accumulated losses on the preceding 8.

Surely thats 512 - 1 = 511??
It is Friday, so forgive my poor arithmetic, but isnt that the true accumulated exposure?

The point of this is...?

Peter

probably lulz.

Its a pity because there's a lot of very valuable lessons to be learned from random systems. Having said that the zoo is not the place to be letting cats out of bags

His 9th trade is $2.56 * 50 pips = $128.00
Total loss = ($128 *2) -$0.50 =$255.50

Peter

There's a lesson to be learned using martingale also, but probably not the one he envisions.

Peter

my friend tried random entry trading once! lol
He lost