considering he didn't even respond to my earlier question which was basically, "hey, want to let us in on your idea?" i would agree too
yea maybe he doesnt have an edge. so 99% of ET posters so what. he's trying to discuss something important so dont attack him just because he doesnt have an edge.
haha that is a good one, I can trade based on toss of coin and still have a positive maths edge. The detail is a little more complicated but it is definetly NOT something like win 2 times more than the loss.
it is death because there isnt any edge, now if you don't know such a edge exist you cannot deny there MIGHT be such a edge. Just because you don't know doesn't mean it does not exist. Correct?
Good point. Just because we don't know doesn't mean it does not exist. Then how are you so sure that "coin toss has no edge" doesn't exist? Coin Toss system right? I think I know what you're thinking since I went down the same path when I started trading. What you're trying to do is to win a coin flip using money management alone. There are several gambling system that tries to do this, seeing how the Roulette black/red bet is similar to a coin flip. One of them is Martingale, where u bet on only Red, doubling the bet after every loser so the eventual winner will win back all the loser in one shot. There are other variants, like the Fibonacci Martingale progression. Bet 1,1,2,3,5,8...and so on. Starting the bet 2 places behind where u ended. Lose 1, Lose 1, Lose 2, Lose 3, Lose 5, Win 8, Bet 2. I can tell you with absolute certainty : There is NO edge to be found in those.
no nothing on money mangement, no doubling or tripling of contracts. Coin Toss game got no edge at all if I have to bet on head or tail cos I havent discover the edge. But trading yes there is a math edge even if using coin toss to make trading decision. Not money management