Jump to content

Movable stop/loss Works ECD Group February 28th, 2013


Recommended Posts

An update on my progress...I am currently averaging 10.8 units won from all shoes played...and yes...that does take into account all losing shoes as well. I expect this to reduce some...but at that rate I sure have plenty of room to move.

I'm playing very conservatively keeping an eagle eye on that STOP/LOSS figure and I seem to have fine tuned a method of play that suits my lack of gumption but still gives me a chance to clean up on those really good shoes.

At the very beginning of the shoe ...if it's not running well...I refuse to make a 4 bet that takes me to the -8 stop/loss...rather I wait until I see a winning hand and then resume progression but returning to a 1 bet etc ...my reasoning being that I get at least 2 shots of staying in the game.

If I reach the +8 ...I don't stop playing...I am willing to accept a minimum of +5 which gives me a minimum of 2 more bets to see how the shoe is progressing. If it goes well I use a movable stop/loss...first +8...then +12 etc

Using this fairly conservative method I have reached a best shoe of +30 which I think is pretty cool considering that the very worst I could do was a +5 for the shoe (after an initial good start)...Minimum risk for maximum gain

Anyway...Someone may poke holes in my line of reasoning...but "HEY"...it works for me...especially since I bloody hate those damn 4 bets...especially early on

Link to comment
Share on other sites

Hi, Oz1,

Good ideas for playing a tight game format.

Using NOR and the 112 or 123 or U1D2 schedules can often turn even weak shoes into mild winning shoes at the very least!

Those horrible (-8) losing shoes are rare if using NOR with a clear thinking process.

Also, very good idea to protect your stop loss points - so you can fire off at least two sets of 3 bets before hitting (-8). That is why I prefer 112 to start until I am at least +3 or better.

And I look to exit asap at +5 after 2 losses on winning shoes.

Daytrader77459

Link to comment
Share on other sites

An update on my progress...I am currently averaging 10.8 units won from all shoes played...and yes...that does take into account all losing shoes as well. I expect this to reduce some...but at that rate I sure have plenty of room to move.

I'm playing very conservatively keeping an eagle eye on that STOP/LOSS figure and I seem to have fine tuned a method of play that suits my lack of gumption but still gives me a chance to clean up on those really good shoes.

At the very beginning of the shoe ...if it's not running well...I refuse to make a 4 bet that takes me to the -8 stop/loss...rather I wait until I see a winning hand and then resume progression but returning to a 1 bet etc ...my reasoning being that I get at least 2 shots of staying in the game.

If I reach the +8 ...I don't stop playing...I am willing to accept a minimum of +5 which gives me a minimum of 2 more bets to see how the shoe is progressing. If it goes well I use a movable stop/loss...first +8...then +12 etc

Using this fairly conservative method I have reached a best shoe of +30 which I think is pretty cool considering that the very worst I could do was a +5 for the shoe (after an initial good start)...Minimum risk for maximum gain

Anyway...Someone may poke holes in my line of reasoning...but "HEY"...it works for me...especially since I bloody hate those damn 4 bets...especially early on

No, your reassoning is fine except for one thing:

I expect this to reduce some...

Don't be saying that and don't be thinking that and don't be expecting that....or it WILL!

Link to comment
Share on other sites

Hi, Oz1,

Good ideas for playing a tight game format.

Using NOR and the 112 or 123 or U1D2 schedules can often turn even weak shoes into mild winning shoes at the very least!

Those horrible (-8) losing shoes are rare if using NOR with a clear thinking process.

Also, very good idea to protect your stop loss points - so you can fire off at least two sets of 3 bets before hitting (-8). That is why I prefer 112 to start until I am at least +3 or better.

And I look to exit asap at +5 after 2 losses on winning shoes.

Daytrader77459

Thanks heaps for that idea my friend...It appeals to my conservative nature

Oz

Link to comment
Share on other sites

  • Keith Smith changed the title to Movable stop/loss Works ECD Group February 28th, 2013

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

Terms of Use