10th December 2013, 05:06 PM
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Member
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Join Date: Jan 1970
Posts: 589
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Quote:
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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.
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Maark
Unless you take the money off the table you have not won anything. You may have doubled your money in your betting bank but it is not profit until you make it profit. If you do not reward yourself with the profit, then you have to ask "what are you doing it for?" |
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