Can it be used to create a viable method?

If I flip a coin at the same time every single day, how often will I see a profit of 1 pip? 2 pips? 30 pips? How often will I see a loss of 1 pip? . . . 2? . . . 30? After 24 hours, how often will I be up? How often will I be in the red?

To descend further down the rabbit hole: If I flip a coin . . . how often will I see a profit of 1 pip

If I gain 2 pips before I lose 10 pips, I would need to maintain a win percentage only marginally higher than 83% in order to be profitable long-term.

What if you place your stop at the overnight low if the flip calls long, or overnight high if the flip calls short? Or yesterday's low and yesterday's high? How much do you go for?

Do you think we would begin to find consistencies?

If I flip a coin at the same time every single day, how often will I see a profit of 1 pip? 2 pips? 30 pips? How often will I see a loss of 1 pip? . . . 2? . . . 30? After 24 hours, how often will I be up? How often will I be in the red?

To descend further down the rabbit hole: If I flip a coin . . . how often will I see a profit of 1 pip

*before*I see a loss of 1 pip (accounting for spread)? Or gain of 1 before loss of 2? Or gain of 2 before loss of 10?If I gain 2 pips before I lose 10 pips, I would need to maintain a win percentage only marginally higher than 83% in order to be profitable long-term.

What if you place your stop at the overnight low if the flip calls long, or overnight high if the flip calls short? Or yesterday's low and yesterday's high? How much do you go for?

Do you think we would begin to find consistencies?

Last edited: