Hard Four Easy Eight

[profitseer]

Originally posted by nitro

Why not just roll the dice again when the profit objective is hit and take the opposite rules, that is, odd 7 go long, even 7 go short, but this time, half the profit target and half the stop loss of the die. Now you have captured the likely coil that is coming...then, if profit target or stop loss is hit on this "second" trade, go back to rule original rule - this will get you back into the "trend" of the die...

nitro

I already tried that, too much whiplash. Right now I'm making it on the short 7 point moves. If my indicators go bullish I have a good long system and all it requires is a deck of cards.

But that reminds me, If you're not sure whether to take a profit, you can flip a coin, heads you stay with it and tails you take it.

If you're scaling out, you use a dime a nickel and a penny, if the first one comes up heads....