| Title | : | The Flip-A-Coin Trading Strategy!!? ? |
| Lasting | : | 8.24 |
| Date of publication | : | |
| Views | : | 15 rb |
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Guys, if you don't want to miss any of our videos click on the 'Bell' icon (🔔) next to the 'Subscribe' icon so you get alerted by Youtube whenever we upload a new video That way, you won't miss any videos even if the thumbnail doesn't display Mark per se' Comment from : @ukspreadbetting |
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I just close my eyes and hit the buttons on the keyboard, 50/50 chance to hit buy or sell Comment from : @netcip |
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never pick head but always pick tails which means SHORT daily after a 5 min candle breakdown No trendline, support/resistance, swing, price action, indicator no fancy dance but just one simple thing that is just mark the low of the 5 min candle once it breaks enter into the trade with the 5 min candle high as SL(place a little far from high as per your risk to avoid a random false move) & target will be 2-3 times of the candle Backtest this strategy and let me know if it was helpful Comment from : @rushikeshrithe6103 |
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The market can do whatever he or she or it wants so money management and coin flipping is the way to go Comment from : @RudyTheInternetGod |
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Would it not be solved by doubling sl to tp ratio? Comment from : @rodrigogc6047 |
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You are exactly right! Most traders don’t know this Price is fluid, it’s not binary like flipping a coin So how about reversing the famous 1:2 risk to reward ratio to 2:1 You would have twice as much risk, yes, but the probability of the price traveling twice the amount is 25 That gives you 75 probability that your reward of 1 will be hit This goes directly against logical thinking, but the math works out Comment from : @deian85 |
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I think that this is only a problem if your stop-loss remains fixed As soon as price goes in your favor you can move risk and reward along, which you wouldn't do if price goes against your trade Comment from : @pelgrim8640 |
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I am a probability trader There is an edge in complex probability Comment from : @solaadelakun2432 |
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I've made more money just guessing based on price action and managing the trade than trying to outsmart the markets My biggest losses have been anticipating the illusion Comment from : @michaellynch7219 |
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The coin flip experiment has been proven true with a volatility based trailing stop such as 3x ATR Fixed r:r does not work in this idea Comment from : @zzzz-sr9zk |
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Have you ever looked at randomly generated Forex charts? They look astoundingly similar to real price action, you will see trends and everything you'd expect in a real chart, infact they are pretty much indistinguishable brI cannot wrap my head around it Comment from : @FreeRsGuides |
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the problem is the size of the TP and SL ??? Different Pair, different size Comment from : @leonenko82 |
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The big mistake you made is the fact that although a coin toss is 50/50 the probability of a 2 to 1 move is less than 50/50 You cannot have a 50/50 outcome when you are trying to make 2 to 1 one your money because the odds of a price moving 40 cents before it moves 20 cents are much lower Comment from : @cleverresponse3311 |
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What about if you took a signal that had more reliability than the coin toss but was still very simplistic Maybe a series of videos with strategies that have the simplest rules Comment from : @falloverpete |
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I wish you health, wealth and luck in the new year Btw Iam missing your favourite way of using the vwap with a great strategy :) i watched the ones in the passt, but they arent performing well in the cryptoland Best regards gralfo Comment from : @mueggxzen |
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Every strategy is coin and signal that give it is the flip coin i love your videos you are the best Comment from : @Corniith |
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Sorry but u probably have a better chance at flipping a coin than trading bcuz it's no different than gambling either u have it or u don't Comment from : @manemann9255 |
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what if you use a trailing stop?! Comment from : @guitarsplits6751 |
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What if,brDuring a volatile marketbrbr*Your stop loss was a reasonable 15pipsbr*And your profit target was anything over 15pipsbrbrSo your ratio would be random, but during a volatile market move your profit would inevitably be greater than 1 at a 50 engagement Meaning any spikes in your favor 50 of the time could realize some good profits and your systematic 15pip losses 50 of the time would be static ? correct? idk lol brbrI would think it would work if sticking only to trading during skyrocketing collapsing crazy volatile times Say only trade when the market is out of control when pip travel is insane, maybe less trades but insane profits and sticking the the 50 coin toss strategy and the math of large numbers idk maybebrbrI really did enjoy this videomaybe something here Comment from : @jamesrougeau |
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You are right Coin flip is entry accuracy but true accuracy needs money management calculated in Outcome accuracy is both calculated in together Comment from : @JamesParus |
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The way my trades have been going for the past week I think I would do better if I just tossed a coin Comment from : @americanexpat1605 |
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