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  1. #1
    Solid Member KobusVisser's Avatar

    $200 - $2650 in 10 Trades risking only 10% !!!

    I thought about this over the weekend and was not sure if I should start the thread or not, but after much consideration I thought what the hack - lets do it!

    The strategy I'll be following is nothing new and not invented by myself - it is something I have been trading on and off for the last couple of months, but recently came across a video that opened my eyes to a whole new world as far as entries and risk control goes.

    The strategy will be revealed after 10 days once I've achieved my goal, which is to build a profile from $200 up to $2650 within 10 days and risking only 10% of my $200 investment. Is it mathematical possible? Yes, here is how:

    Start with $200 and invest $20 ( 10% ). A winner at 72% will produce profit of $34.40. Your next investment is $34.40, which is all of the profit you've just made. A losing trade will leave you with $180, which is 10% less than your $200 investment. A winning trade will give you $59.17 profit. Your 3rd trade is then $39.17. A loss will leave you with $200 and a winner will give you $67.37. From here on you are risking only your profits and not touching your $200 investment. And so you go on until you have completed 10 winning trades in a row. See table below:

    Acc Bal Invest Profit % ITM
    Trade 1 $200.00 $20.00 1.72 $34.40
    Trade 2 $214.40 $34.40 1.72 $59.17
    Trade 3 $239.17 $39.17 1.72 $67.37
    Trade 4 $267.37 $67.37 1.72 $115.87
    Trade 5 $315.87 $115.87 1.72 $199.30
    Trade 6 $399.30 $199.30 1.72 $342.80
    Trade 7 $542.80 $342.80 1.72 $589.62
    Trade 8 $789.62 $589.62 1.72 $1,014.15
    Trade 9 $1,214.15 $1,000.00 1.72 $1,720.00
    Trade 10 $1,934.15 $1,000.00 1.72 $1,720.00

    Profit $2,654.15

    Is it possible to produce 10 winning trades in a row with this strategy? I guess we'll have to wait and see...

    Today is Day 1.

    Setup is posted here - http://forums.binaryoptionsthatsuck....ll=1#post21873
    Last edited by KobusVisser; 01-28-2014 at 05:42 PM. Reason: Adding setup link

  2. #2
    Specialist Member marc's Avatar
    An interesting tactic, Kobus ... I have seen a similar money management strategy a few days ago somewhere else ... and thought, that it would be worth giving a try ... so I am very curious about the outcome of your experiment ...

  3. #3
    Active Member karin's Avatar
    Yes, interesting indeed!!Will follow the thread...

  4. #4
    Master Member SeasaltMcFish's Avatar
    I think it's a method that originates from roulette systems, called positive progression (translated, dunno the exact words)

    You use your profits for your progression, instead of chasing losses with a 'normal' progression.
    It surely can work and gives less stress than a normal progression (that I don't recommend).

    The only thing is: it's nothing more than tricking yourself. In fact it's similar with the Martingale, in the meaning that you effectively use separate flat bet systems with different buy-ins. You could call it a kind of money management.

    By trading for a fixed percentage of your account, you will do the same thing. Only now (with your idea) you will have more losing trades and sometimes a big winner then in a fixed % money management.

    Don't want to discourage you, but to explain what you try to do. It could work on the short term, but you need some good runs to really win.

    Maybe you should try it first in demo.

    Edit: I use an own money management that looks somewhat like this in poker. There it works fine for me, but it's a strange way of money management :P
    Last edited by SeasaltMcFish; 01-27-2014 at 12:08 PM.

  5. #5
    Solid Member KobusVisser's Avatar
    Thank you for all the comments - I like to hear what fellow traders are thinking. No comment is discouraging, but exploiting loop holes in the strategy, which will be taken into consideration. This is my first of this kind of trading so I'll see how it goes.

  6. #6
    Solid Member KobusVisser's Avatar

    1st Trade !!!

    So my first trade today was a winner - 9 more to go!

    Click image for larger version. 

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  7. #7
    Administrator Martin Kay's Avatar
    Hi Kobus, I'm curious. You started by providing signals, now it seems you've presented us with a risk management system, and expired trades. Don't get me wrong here, I like what you're doing, but I see no real point in showing screenshots of expired trades...

  8. #8
    Senior Member Deanfx's Avatar
    Very interesting experiment! Congratulation for the willingness to share with us. It will be great if you can provide us with real time trades too!

  9. #9
    Solid Member KobusVisser's Avatar
    Quote Originally Posted by Martin Kay View Post
    Hi Kobus, I'm curious. You started by providing signals, now it seems you've presented us with a risk management system, and expired trades. Don't get me wrong here, I like what you're doing, but I see no real point in showing screenshots of expired trades...
    This is a strategy I'm testing and going to share after I've completed the 10 trades. The main reason I've decided to share this here is because this is one of a few forums where you can get support from fellow traders and not being shot down on the first page. I'm trying to inspire people to look forward to something they might be able to use to help them build a profitable profile. If I can successfully trade this account then I can teach people here to do it as well.

    But I see your point as far as posting expired trades. I'll let that go for now and give feedback after I've completed my 10 trades.

    As far as the signals go - The "end of day" signals are confusing to people, not only here, but elsewhere as well and not everybody understand where I'm coming from as far as supplying these signals. Also CommuniTrade does not offer me the "end of day" expire options so I cannot utilize that to it's full potential.

    For now on this forum I'm working on this "10 Trade" strategy and I'll keep my signals to my blog rather.

  10. #10
    Solid Member KobusVisser's Avatar
    Quote Originally Posted by Deanfx View Post
    Very interesting experiment! Congratulation for the willingness to share with us. It will be great if you can provide us with real time trades too!
    HI Deanfx,

    After I have completed my 10 trades I'll reveal my strategy to everybody and we can work together to try and improve it - if it needs improvement :-)

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