Reality based coin-tosser method that beats 95% of traders in the world.

Discussion in 'Strategy Building' started by Whisky, Oct 16, 2009.

  1. deaddog

    deaddog

    I'll let you call it so we are both trading in the same direction.
     
    #61     Oct 16, 2009
  2. Whisky

    Whisky

    The coin toss came out TAILS for a short/stay short.

    Have a nice weekend. I'll check all the wonderful suggestions to improve the near breakeven method on Monday.
     
    #62     Oct 16, 2009
  3. deaddog

    deaddog

    Short @ 82.25.
     
    #63     Oct 16, 2009
  4. A long time ago, I did experiments using PowerBall numbers to define size, time, and direction of "random" trades. It provided a very illuminating test bed for trying out different money management techniques.

    The reality of the markets is that there are extremely few times when can't enter a short OR long position and expect to get out with some kind of profit.
     
    #64     Oct 16, 2009
  5. If you take a short, and the next day you lose money, shove the coin up your ass.

    If you take a long, and the next day, you lose money, shove the coin up your ass.

    After you get the coin out, wash your hands.

    Continue until you learn the lesson that flipping coins will never make you money trading.
     
    #65     Oct 16, 2009
  6. deaddog

    deaddog

    But if you enjoy that kind of thing couldn't ypu shove it up your ass if you happen to make money?:) :)
     
    #66     Oct 16, 2009
  7. Whisky

    Whisky

    Today the coin made 7.75 points per car mark-to-market. Enough to buy YOU a box of dildos...that you can shove up your ass.

    Keep buying biotech crap and praying for fda approval. That's surely a sound approach that beats 95% of players.

    Washing hands is a good advice in these days of swine flu. I'll keep it.

    You will have to prove to yourself and others that shoving the coin up my ass will yield an extra tic per day average profit. If you do, then I'll have to shove the coin up my ass. You gotta do what you gotta do.

    "I can't breakeven. I already spent the money". A. Winner.
     
    #67     Oct 16, 2009
  8. "You will have to prove to yourself and others that shoving the coin up my ass will yield an extra tic per day average profit. If you do, then I'll have to shove the coin up my ass. You gotta do what you gotta do."

    Now that's funny :). Yes, I will continue to buy biotech crap, goal is $ 50,000 to $ 100,000 profit on next trade with less risk due to diversification so that 1 win out of 5 picks is all I need. Good luck with that bum flipping coins, I am sure you will one day make enough to quit your day trade job.


     
    #68     Oct 16, 2009
  9. Tell me the truth, you really actually have a system and make money, and just started this BS thread since you were bored?
     
    #69     Oct 16, 2009
  10. My current es system is good enough, that others are paying me per month to trade it, and its still not perfected.

     
    #70     Oct 16, 2009