Day 12 Lewis Glasgow's SIX 000 Capital 14 Day Course - Risk & Reward

in #trading • 7 years ago (edited)


Risk & Reward

Have I said I like this course? Well, here's another reason. The strategy @lewisglasgow has developed keeps giving. So with the introduction of harmonic patterns, you have an 80% chance of hitting and turning profit. His risk to reward strategy is set to 1:2, so that for every $1 you risk, you stand to gain $2. That excites me because you can win a little under 50% of your trades and still turn a profit.

This is amazing because it turns something as mysterious as trading into a science that you can use to consistently make a profit. I haven't been able to find a strategy like that, and I doubt I will. If you have something please go ahead and tell me! :)

Betting and SteemDice

By hedging my bets, I thought I could beat SteemDice

I didn't.

SteemDice allows you to set a wager, and will tell you what the payout is.

So hell yeah, I'm going to use my casino betting knowledge in my favor. I set the wager at 75%. I would bet $6 SBD to gain$ 2 SBD. Every time I won, I dropped the bet. I would get down to $1 SBD, and when I finally lost, I wouldput my bet back up to $6 SBD. I know the likelihood of losing twice at 75% odds is slim.I continued this strategy and was up $50 SBD. Then I started getting greedy.

I would bet the max amount $25 SBD and won. I kept dropping it down. I must have pissed off the game, because I ended up losing 4 times in a row. I won small, then I lost again. I had won against the casino, and the casino wasn't happy.

moral of the story: don't play steemdice

Day 12 of 14

If you're curious about the course here it is sixfigurecapital.com
Link to Day 1
Link to Day 2
Link to Day 3
Link to Day 4
Link to Day 5
Link to Day 6
Link to Day 7
Link to Day 8
Link to Day 9
Link to Day 10
Link to Day 11
Link to Day 12
Link to Day 13
Link to Day 14

UP, RESTEEM, U5dt42G4xW1EyBKDCHWEBSZLxMxDnZk.gif @corganmusic for more!

#steemdice #blog #course #risk
7 years ago in #trading by
$0.23
  • Past Payouts $0.23, 0.00 TRX
  • - Author $0.19, 0.00 TRX
  • - Curators $0.03, 0.00 TRX
10 votes
Reply 6
Sort:  
  • Trending
    • [-]
     7 years ago 
    [-]
     7 years ago 

    The @OriginalWorks bot has determined this post by @corganmusic to be original material and upvoted it!

    ezgif.com-resize.gif

    To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

    To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!

    For more information, Click Here!
    Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!

    $0.00
      Reply
      [-]
       7 years ago 

      @cryptohustlin has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

      To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo
To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo
To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memo
      $0.00
        Reply
        [-]
         7 years ago 

        @reported has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

                To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo
        To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo
        To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memo
        $0.00
          Reply
          [-]
           7 years ago 

          @minnowpond1 has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

                  To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo
        To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo
        To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memo
          $0.00
            Reply
            [-]
             7 years ago 

            @mrainp420 has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

                    To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo
        To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo
        To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memo
            $0.00
              Reply

              Coin Marketplace

              STEEM 0.16
              TRX 0.15
              JST 0.028
              BTC 56615.57
              ETH 2387.60
              USDT 1.00
              SBD 2.30