EASY-MONEY by cointoss

cointoss

Member
50 5
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
 
Last edited:

the hare

Senior member
2,949 1,283
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.
 
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trendie

Legendary member
6,113 981
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?
 
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the hare

Senior member
2,949 1,283
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 :cheesy:
 
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wackypete2

Legendary member
10,178 2,033
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?
His 9th trade is $2.56 * 50 pips = $128.00
Total loss = ($128 *2) -$0.50 =$255.50

Peter
 

wackypete2

Legendary member
10,178 2,033
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 :cheesy:
There's a lesson to be learned using martingale also, but probably not the one he envisions.

Peter
 
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R.Charnock

Well-known member
400 124
Should be interesting, but it might take a few hundred years and lots of blown accounts before we can draw any conclusions.
 

trendie

Legendary member
6,113 981
His 9th trade is $2.56 * 50 pips = $128.00
Total loss = ($128 *2) -$0.50 =$255.50

Peter
I stand corrected.
It will take a tad longer for him to totally blow his account.
 

DionysusToast

Legendary member
5,963 1,498
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.
10's of millions of simulated trades? :rolleyes:

Shurely a SIM trade is a live forward test, right? Backtest ain;t SIM...

You've actually done this 10's of millions of times?

Did you get callouses?

What a to$$er!!!
 

DionysusToast

Legendary member
5,963 1,498
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 :cheesy:
Can't do it on 'the zoo' ?

So have to go to city bulls with the other to$$ers?

What you will learn with random entry is the impact the spread has on trading. :smart: