The ideas that I trade by:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Mon Jul 25, 2016 4:20 pm

TheRumpledOne wrote:
What are you shocked about?? :?


I don't know if you have ever taken the courses and workshops in the 90's, but it wasn't line/area charts and price closing over a line. I remember a cash price overlay for a short while but then it disappeared off of the paper charts.

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BuyZone Modified

Postby MightyOne » Mon Jul 25, 2016 4:43 pm

USDZARH1.png
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salezyakuku
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Re: The ideas that I trade by:

Postby salezyakuku » Mon Jul 25, 2016 5:28 pm

Why range 5891,7 USDZAR? I don't see such range in last 6 candles, some calculation or my broker have different data?

MightyOne wrote:[A LINK FOR PEOPLE WHO DO NOT READ PREV. POSTS]

or I overlooked again something. :oops:
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

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Re: The ideas that I trade by:

Postby MightyOne » Mon Jul 25, 2016 5:29 pm

New comment added:

"Spread in Lines = ", DoubleToStr(MarketInfo(Symbol(),MODE_SPREAD)/ NormalizeDouble(sublevels/10,1)/10,2) , "\n",

"oh, it is going to cost me a third of a line" is easier to swallow than "a 50 pip spread!".



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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Mon Jul 25, 2016 5:37 pm

salezyakuku wrote:Why range 5891,7 USDZAR? I don't see such range in last 6 candles, some calculation or my broker have different data?

MightyOne wrote:[A LINK FOR PEOPLE WHO DO NOT READ PREV. POSTS]

or I overlooked again something. :oops:

(It is FXCM)
USDZAR_HISTORY.png
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Re: The ideas that I trade by:

Postby salezyakuku » Mon Jul 25, 2016 6:03 pm

Thanks, my range/median is 7275.1 so quite different. I didn't notice difference in other curiencies so far, that why I was confused this time.
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

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Re: The ideas that I trade by:

Postby TheRumpledOne » Tue Jul 26, 2016 3:44 pm

MightyOne wrote:
TheRumpledOne wrote:
What are you shocked about?? :?


I don't know if you have ever taken the courses and workshops in the 90's, but it wasn't line/area charts and price closing over a line. I remember a cash price overlay for a short while but then it disappeared off of the paper charts.


Never took any courses.

Too funny, I called the GBE since they said they are in southern Oregon. Grants Pass. Talked to the guy. But he would not say what indicators they use. Tried to get me to buy. I just laughed.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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MightyOne
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CRAPS!

Postby MightyOne » Wed Jul 27, 2016 9:31 am

Craps_2.png
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Re: The ideas that I trade by:

Postby ForcedShadow » Wed Jul 27, 2016 11:53 am

Craps offers the best statistcs to use martingale. 86% if you keep betting the pass line. After 1 hour play your odds decrease dramaticly. After 8 hours playing your odds are just 12%. When playing a maximum of 10 rounds on my tablet I´ve never lost. Blackjack comes in second with 84% and (American) roulette has the ´worst´ odds of 82%, given that you play a maximum of 1 hour casino play.
If you reject the truth, you must believe a lie

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Re: The ideas that I roll by:

Postby MightyOne » Wed Jul 27, 2016 4:54 pm

ForcedShadow wrote:Craps offers the best statistcs to use martingale. 86% if you keep betting the pass line. After 1 hour play your odds decrease dramaticly. After 8 hours playing your odds are just 12%. When playing a maximum of 10 rounds on my tablet I´ve never lost. Blackjack comes in second with 84% and (American) roulette has the ´worst´ odds of 82%, given that you play a maximum of 1 hour casino play.


One of the statistics that I am going to use is that the average number of rolls before a 7 is roughly 3.8

After the shooter makes his point you have about 2.8 good rolls before your money is swept off of the table so that is why you only make bets that you can turn off & take down (place/lay) &/or bets that hedge other bets.

We don't bet the pass line in craps because it is a contract bet (you can't take it down) & it usually takes more than 4 rolls for a shooter to make his point.

We want to get paid something for every roll of the dice so that we are leaving with money if and when we decide to leave; Iron Cross is one such strategy where you own every number except the 7 (or the hedged version where you own every number except exactly the 6:1), but there are better strategies.

I believe that the Craps table is little different than scalping the markets if you make bets that have similar mechanics (placed on/off, hedged, etc).
Some proper bet sizing, money management, & TRO "bet what you see", and we might be able to beat this thing long term...not after a billion rolls but over a much smaller sample size in which anything can happen. :wink:

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