Basic strategy I don’t see why it wouldn’t work. Blissfully unaware.

Ryanstout87 said:
Let’s assume I would do a 1:1.5 loss to profit ratio. So I would always have stop loss set at .5 what I would be expecting for profit.
Looking to get let’s say 10 cents profit and only risking 5 cents loss. Wouldn’t my ability to profit long term be realistically attached to me being able to guess the next 1 minute candle correctly only like 40% of the time?

add on to that some form of progressive loss recovery such as. Let’s say for example my first trade went bad and I stop loss gets activated and I lose 100 shares at 5 cents or a loss of 5 bucks. So on the next trade I will increase my position size 50 shares to make up for the previous loss.

I feel like this seems fairly fool proof and I’m not sure where I’m looking at it wrong. But surely I must be otherwise the world would be doing this.

I did this in a casino once and they kicked me out right as I was about to make up for the previous 4 losses in a black jack game.
I think it’s called progressive betting. But here the odds are even better because of our ability to set stop loss only losing less than you are willing to make. It’s like every singe time you beat the casino it’s with a blackjack.

please correct my ignorance as I am blissfully unaware
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No casino kicked you out for losing money. Your mom lied to you. There are table limits in casinos.
 
Ryanstout87 said:
Maximum table bet is designed to cut you off after 5 losses. But it takes 7 hands to ensure a winner.
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What percentage are you willing to risk ?
What if you reach 5 losses ? You stop doubling down ? Or you entirely stop for the day ?
What does "ensure a winner" means ? 95% confidence ? 2 sigmas ?
 
Ryanstout87 said:
Okay I’ve done that and see that it is actively used in forex according to google. But my real question is, is this some sort of holy grail or am I’m an idiot, will it work?
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You looked at the wrong article then. It's a common thing for someone new to think is the holy grail but as others have pointed out it will always bankrupt you. You did discover something else in that search though, which is the human brain's powerful ability to ignore disconfirming information (the first two Google hits describe how it is a fools errand, as do any articles that are written by anyone without a clear agenda)
 
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