Quote from benysl:
it is death because there isnt any edge,
now if you don't know such a edge exist you cannot deny there MIGHT be such a edge. Just because you don't know doesn't mean it does not exist. Correct?
Good point. Just because we don't know doesn't mean it does not exist. Then how are you so sure that "coin toss has no edge" doesn't exist?
Coin Toss system right? I think I know what you're thinking since I went down the same path when I started trading.
What you're trying to do is to win a coin flip using money management alone. There are several gambling system that tries to do this, seeing how the Roulette black/red bet is similar to a coin flip.
One of them is Martingale, where u bet on only Red, doubling the bet after every loser so the eventual winner will win back all the loser in one shot.
There are other variants, like the Fibonacci Martingale progression. Bet 1,1,2,3,5,8...and so on. Starting the bet 2 places behind where u ended. Lose 1, Lose 1, Lose 2, Lose 3, Lose 5, Win 8, Bet 2.
I can tell you with absolute certainty : There is NO edge to be found in those.