The problem with your (theoretical) strategy that i see is, that you do not care about losses. If you do not make $100 you die and therefore the losses do not matter. In reality, we care about the losses in our accounts.
Even if it's not a literal "death".... This strategy would result in the death of one's account. At increased day trading leverage ($500/ES), all it takes is 10 points in the wrong direction before you are completely wiped out. 100% loss.
Maybe the whole point is to manage your bankroll so that your whole stake is not at risk in one sitting. If you have 90% chance of making money and 10% of blowing up, maybe just put up enough to sustain a predetermined loss. And trade the strategy long enough that you can withdraw your original stake. If tha'ts too much, move down to micros.
About 95% likely. 2% risk takes about 36 rounds to double 36 win streak has a chance of 95% probability with 85% win rate system
Plug in some EV formula for a random stake to make money over time avg winx%win - avg lossx%loss .35 x 2 - .65 x 1 = .05 postive return over time
Good Evening Tradess0610, Losses means absolutely nothing at ALL. All that matters for a day trader is 1 thing ONLY: 1. Can you recover your account from intraday drawdown as a manual discretionary/guessing/gambling trader and end the day/week/month profitable consistently for the next X to XX years? Recovering from drawdown to keep the account positive and growing is all that matters. Does not matter if losses per trade is $10,000 and wins is $1 per trade, for example. Just recovery drawdown