If you had taken the actual high of the range 1064.50 instead of that weird 1064 number that you made up, you'd be comfortably in the fourth attempt. If you had taken a 1 tick breakout of the range instead of a match, you'd be in the second attempt. Many costly mistakes result from sloppy executions. Adios.
You are a wise one. Surely you must be in a Boiled White Rice only diet or very close. I like Boiled White Rice, but fridays I take the fermented variety. A complication if you will. When do you personally call it quits for a chain of flips?. 2%?, 5%?.
In that case, you'd have to accept minuscule returns on your total capital. I agree that "minuscule" is a relative term. http://www.youtube.com/watch?v=8eAprKvKttI&feature=related
<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/QOfUGixqV0A&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/QOfUGixqV0A&hl=en&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object> 4:10
0.16*2.5=-0.4 0.32*2.5=-0.8 0.64*2.5=-1.6 1.28*2.5=-3.2 2.56*2.5=-6.4 5.12*2.5=-12.8 10.24*7=+71.68 Total: +46.48