Strat!....

[Tlee05]

I have a strat that is 3:1 ratio as long as you are very careful and not to greedy but I currently came up with a very simple way to earn a few pennys! I mean you trade at night and let it run with out watching it. Roughly 20-30pips a day not to bad IMHO.

 

[Mathemagician]

Please help me resolve the simultaneous use of the phrases "no stop loss" and "safe bet".

jj

 

[Tlee05]

Shh!
It's asimple theory but should works paper trade it....
as long as you enter at the right time and trust the system.

I worked out in the last 82 days if you did 30pip @ £2 a time you would of earned roughly 4k including the 4 loss's

 

[Mathemagician]

It will always work perfectly in testing, and it will work perfectly in real life every time except one. Problem is, that one time empties your account. Risk is unlimited.

jj

 

[Tlee05]

Math true... I need to work out a way to cover my self with a big swing. It worked and I've tried it out my self but I'm working out a way to stop your account from being wiped out, But I'm sure oil wont rise/drop 10000pips one day the worst case is 50000,
I was going to say don't trade sunday nights, Only trade Tuesday/Weds/Thursday/Friday and of course always keep your eye out on the fundemental stuff to watch the big swings!

 

[PualoP]

This is just like writing naked out the money options - it may feel good being 'right' and making a £1 every 99 times out of 100 until that -£1,000 loss comes around.

If you plug this strategy into a back tester you'll see that in the long run you've a negative expectancy.

 

[Tlee05]

Over 395 days the expectany of 10 pips failed, would be in a negative figures but.... If you use a 30 pip tactic it seems to work... As long as you're not trading on monday.