# EASY-MONEY by cointoss

#### cointoss

##### Member
50 5

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

Strategy :

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.

ChocolateDigestive

#### trendie

##### Legendary member
6,432 1,076
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?

Soloquan

#### wackypete2

##### Legendary member
10,229 2,052
The point of this is...?

Peter

#### 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:

wackypete2

#### wackypete2

##### Legendary member
10,229 2,052
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
10,229 2,052
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

the hare

#### scholfield

##### Established member
993 233
my friend tried random entry trading once! lol
He lost

#### 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
6,432 1,076
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?

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:

#### the hare

##### Senior member
2,949 1,283
What you will learn with random entry is the impact the spread has on trading. :smart:

Indeed, that is one of the many things you might learn..

Don't worry, no cats will be let out of bags

#### DionysusToast

##### Legendary member
5,963 1,498
I'm calling the RSPCA...

First it was hamsters in the post, now this....

Some zoo...

#### piggybridges

##### Established member
632 200
What you will learn with random entry is the impact the spread has on trading. :smart:
correct.

Now You've let the 'cat' out of the bag.
Anyone dissapointed???