10th December 2013, 07:36 PM
|
|
Member
|
|
Join Date: Nov 2012
Posts: 15
|
|
Quote:
|
Originally Posted by SpeedyBen
Maark
With a 50% strike rate I would set up a bank of 20 units and bet 1/20th of the highest point that the bank has reached, never reducing the bet. If you double your bank remove 50% of the profit as a dividend for yourself and reset your bet as 1/20th of the new bank.
20 unit bank - double to 40 units - withdraw 10 units - restart with a 30 unit bank and a 1.5 unit bet.
I would also check which price ranges are the most/ least profitable as your data builds up.
|
I like this idea..at the moment i am betting 5% of the bank.so it goes up or down as i win or loose..i had doubled my bank ,but had a loosing day so just short at the moment..If or when i do i will try this plan..i also like the idea of taking profit..Not sure how to set my bot to keep the highest bet,but will work it out.
Thanks again for the feedback |