@ spyderman I totally agree with you, Ill explain why I have the hard SL of 34 pips. You probably know that if you use the leverage of 1:200 you need to have the 34 pips hard SL to not have a bigger DD then 50%. Because the candle outcome is random ...

The Coin-Flip Theory

@ victor_ray Yes I partially agree with you. You can just pick a candle, as I said before you need to pick one arround the opening of a major pair as they have the most random outcome. There is nothing random in picking the candle but the outcome is.

The Coin-Flip Theory

Todays trade is going good

The Coin-Flip Theory

@ victor_ray I was referring to everyone, sorry for the delusion.

The Coin-Flip Theory

@ victor_ray Exactly, this strategy is only for the people that already trade well and want to do something fun. And if you understand the strategy you will never really blow your account. As last a TP of 34 pips is nonsense as it is based on ...

The Coin-Flip Theory

@ RPM#105 Yes spread needs always to be included in the SL. @ Spyderman#108 You are totally right @ sinexcellent#111 For the leverage 1:200 the SL is 34 pips // 340 points. @ MolaRam#112 You are right about the EA thing, I made it myself. But for ...

The Coin-Flip Theory

Rules: Only trade this strategy when you already trade well. This strategy is for relieve of boredom. Leverage 1:200 Start with 100$ Trade The size of the trade will always be the whole account, you can use a lot calculator to calculate the position ...

The Coin-Flip Theory

Hello everybody, I am back from a nice holiday. Below are the results of last week, traded with the normal rules and no TP. I included also the results when I started, from the 17th June. Sell Day 25: Open 1.35238 Close 1.34854 Gain: 384 // 38.4 ...

The Coin-Flip Theory

I see that I have to explain alot, I am home in about 3 days.

The Coin-Flip Theory

@ room217 Thank you for you comment I appreciatie it. I would like to inform everybody that I will be not posting/trading next few days/week because I am on holiday. At the moment still backtesting March this year, results are good. Green pipping to ...

The Coin-Flip Theory

They are from the Sonic R system: url

The Coin-Flip Theory

Sorry for all the fuss I explain everything in a screenshot Sell Day 25: Open 1.35241 Close xxxxxxx We use TP, so 189.5$ each trade. We open 2 trades 50% each. Trade #1 SL 1.35459 TP 1.34901 Trade #2 SL 1.35459 no TP SL is yesterdays high 1.35459, ...

The Coin-Flip Theory

Sell Day 25: Open 1.35241 Close xxxxxxx We use TP, so 189.5$ each trade. We open 2 trades 50% each. Trade #1 SL 1.35459 TP 1.34901 Trade #2 SL 1.35459 no TP

The Coin-Flip Theory

@ TerryTibbs Thank you very much @ TheDivine You need a lot calculator, excel sheet, I would first demo it if I was you.

The Coin-Flip Theory

@ TerryTibbs Pass me the .zip if possible, thanks in advance.

The Coin-Flip Theory

@ TerryTibbs I am paper testing because I don't trust EA backtesting. We won't get stuck because we use market analysing the account ballance always moves. You are right about that theoretically you can never blow your account. The results January ...

The Coin-Flip Theory

@ umpats It doesn't matter what candle you trade, trade that candle everytime. Only don't trade the break out you choose the 2e candle friday. Stick to that candle.

The Coin-Flip Theory

@ umpats Last friday I sold, attached screenshot. It does not matter what candle you take it is all about that you take that candle everytime. My SL got also triggererd. Sell Day 24(opened before the weekend): Open 1.35220 Close 1.35357 Gain: -137 ...

The Coin-Flip Theory

@ fugly Yes you are right about that. If you just have a basic account and broker doesn't allow a trade below 1000 units unfortunately you have to switch brokers. Some reputable brokers that allow trades below 1000 units: - XM - MahiFX - Oanda - ...

The Coin-Flip Theory

@ MCRotter They only had random entries and trailing stops. As I said before our money does not come from that it comes from the market analysis. If you would use the set in stone SL you would break even. We use support and resistance to determine ...

The Coin-Flip Theory