14th December 2011, 09:35 PM
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Member
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Join Date: Jan 1970
Posts: 2,428
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Generally , many systems will be 3-4 units in front at some stage.
Then give it all back & some.
It is strongly recommended to set profit at 3-4 x initial bet if you wish for daily profits.
Set Max losers at 12
This keeps things more in control .
That way if its a total write off , it will only take 3-4 days of normal betting to recover.
There is the old argument that says ....
"If the system is any good , it should work all the time , so don't stop betting."
The problem I have with that statement is that no system works the same way all the time.
They have windows of opportunity which are always smaller before hit with a run of outs, we never know when or how long these outs will be .
Thats why its best to stop once 3-4 units infront.
I your case it would be $15-20 profit then stop.
If we only targeted for 3% profit a day.
This equates to 90% increase on bank in a month if things go our way.
I feel that s
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Cheers.
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