Pound-a-Point Chancer

[smacker]

Starting tomorrow, my robot (Tossa, see pics) will be back in the markets after a long time out of action, having now recovered from RSI the little darling is ready to play again.

Rules: 3 trades a day, each one at a quid a pop.

One at 8ish on the FTSE 15p stop, 17p tp.

One at 12ish on Eur/Usd 15p stop, 20p tp.

One at 2.30ish on Dax 15p stop , 20p tp.

Tossa1, chooses the direction of trade. Tossa2, places trade.

Duration: 1 Month or account destruction, whichever comes first.

 

[counter_violent]

Starting tomorrow, my robot (Tossa, see pics) will be back in the markets after a long time out of action, having now recovered from RSI the little darling is ready to play again.

Rules: 3 trades a day, each one at a quid a pop.

One at 8ish on the FTSE 15p stop, 17p tp.

One at 12ish on Eur/Usd 15p stop, 20p tp.

One at 2.30ish on Dax 15p stop , 20p tp.

Tossa1, chooses the direction of trade. Tossa2, places trade.

Duration: 1 Month or account destruction, whichever comes first.

A slow painful death.

 

[wackypete2]

sounds like fun!
Good luck, but I think it's not going to end well.

Peter

 

[smacker]

A slow painful death.

Bit like my main account then
I expect it could well be, might have a little play around with the stops/tp if/when the account gets down to £395 (£500 atm)

sounds like fun!
Good luck, but I think it's not going to end well.

Peter

It's ok, I took the cash out of the dog food kitty. Looks like fido's going to be chewing on the furniture again:whistling

 

[piggybridges]

There's a trader called 'the hare' who trades like that, apparently...

 

[counter_violent]

Bit like my main account then
I expect it could well be, might have a little play around with the stops/tp if/when the account gets down to £395 (£500 atm)

By all means use a stop...but for heavens sakes, if something moves into profit, try not to restrict it by placing a limit at some meaningless TP level.

 

[smacker]

Random robot I believe. Hotch also had a coin flip/punt strategy a few years back and posted on here.

 

[smacker]

First trade, Short FTSE at 5744.3 8:10

Stop hit at 5759.3 8:17

Balance £485

 

[The Leopard]

Subscribed!

 

[smacker]

Long EU at 1.31329

 

[Triggerfish]

Now that I know the funds are at £500, I am going to predict it will hit between a 30% to 40% success rate meaning that your funds will be at a loss at the end of the month.....Total funds at end of month should be around £314.

 

[smacker]

TP to 45 with nfp coming up.


And stopped out 13:31 changing the tp made no difference as it was 3 pips shy of the original. Roll on 2:30

 

[The Leopard]

TP to 45 with nfp coming up.


And stopped out 13:31 changing the tp made no difference as it was 3 pips shy of the original. Roll on 2:30

I bet there were a good few stops washed by this one. Nice whipsaw.

 

[smacker]

Now that I know the funds are at £500, I am going to predict it will hit between a 30% to 40% success rate meaning that your funds will be at a loss at the end of the month.....Total funds at end of month should be around £314.

Normal month theneek:

I bet there were a good few stops washed by this one. Nice whipsaw.

NICE! Nice if you're a Senior decision maker at one of the U.K's largest SB co's and have a load of chancers trying their luck
NFP's sure not what she used to be

 

[smacker]

Short Dax 6608.8 sl 6623.8 tp 6588.8 14:24

 

[The Leopard]

NFP's sure not what she used to be

Nothing is, my friend.

 

[smacker]

Nothing is, my friend.

Wallstreet that you?:cheesy:
Not a whole lot of moving and a shaking going on recently

Tp on Dax hit 6588.8 14:58. Account balance £490 -£10 for the day:whistling

 

[Triggerfish]

Smacker, I see that you have not voted, what do you think the outcome would be at the end of the month?

 

[smacker]

Tossa™ is no looser he's a BSD bot so I say a profit of £2 is most likely. :cheesy:

 

[smacker]

Tossa™ needs action so long EU at 1.30309 stop 1.30159 tp 1.30509 13:42

Tp hit for +20. 14:27 Account balance £510