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EASY-MONEY by cointoss

X

x4x

Active member
#31
Sep 18, 2008
465
61
38
#31
I honestly don't understand why people want to flip a coin when all you have to do is wait for the market to show a direction, then follow it.
 

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cointoss

Member
#34
Jul 20, 2012
50
5
18
#34
wow.. i didnt expect people will discuss about this.

anyway..

update for you all. 0.01 lot was hit with stop loss.

now i flipped the coin and it shows me to buy again. ive entered 0.02 now
btw, changed the demo account because i opened the standard instead mini. refer 1st post for latest read-only password. cheers everyone


new read-only password here :

login : 10258344
password : sy8l6ud (read-only password)
 
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cointoss

Member
#35
Jul 20, 2012
50
5
18
#35
0.02 hit with stop loss again,

now entered 0.04 buy position again
 
D

D70

Well-known member
#36
Nov 28, 2009
839
195
53
#36
x4x said:
OF course, the spread is a cost and will always be there no matter what strategy or what method you use - most liquid markets are only one spread, but whatever it is, it should easily be absorbed anyway.

It will happen, but not often that the market moves in your favour by exactly 11 points, or exactly 9 points against you, but I would guess that at least 95% of my winning trades runs on from where I close and run on from where I'm stopped by at least 2 points, if not a lot more.

A coin toss entry is a ridiculous idea any way - if the market in question is going in a clear identifiable direction, why toss a coin. It seems a lazy gamblers sort of strategy to me.
Click to expand...
I can only assume that you are a billionaire.
 
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cointoss

Member
#40
Jul 20, 2012
50
5
18
#40
update,

yesterday position is hit with stoploss. flipped coin and it still shows me to buy. entered 0.08 buy
 
X

x4x

Active member
#42
Sep 18, 2008
465
61
38
#42
cointoss said:
update,

yesterday position is hit with stoploss. flipped coin and it still shows me to buy. entered 0.08 buy
Click to expand...
A 4H close below 2060 may well mean another leg lower - currently 2074. Tho' plenty of room for a pull back to 2100/2135 which might touch your limit.
 
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cointoss

Member
#45
Jul 20, 2012
50
5
18
#45
update :

TP level hit. tommorow will start back again trading 0.01 lot


summary of the trade :

buy 0.01 lot size(SL hit) - 22 july 2012
buy 0.02 lot size(SL hit) - 23 july 2012
buy 0.04 lot size(SL hit) - 24 july 2012
buy 0.08 lot size(TP hit) - 25 july 2012
 
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Likes: D70
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