WRONGSIDED_FLIPPING HELL

[Dr Ginhog]

19 ,20

07.08.2022_21.28.12_RECFLIP19.png

07.08.2022_21.29.24_RECFLIP20.png

ALL 20 BETS ON PAGE 5. THE -100s are the ones that did not FLIP

[Derek27]

I only asked for a single example, which you've already provided. There's no need to post them all.

Can you just clarify whether your BAF file backs the favourite or outsider before waiting for the market to flip over?

I would only look at a BAF file if somebody needs help with it. You can easily answer that question?

[Dr Ginhog]

Hi derek,
You were right to argue the case. My Baf did not tell the full story but you were wrong to refuse my explanation. Is that not Fair to say.

[Dr Ginhog]

Hi Derek,
It backs the outsider and uses GREENALL when GAP >45 (was 40 then now 45)

[Derek27]

Hi Derek,
It backs the outsider and uses GREENALL when GAP >45 (was 40 then now 45)

Brilliant! So you've changed your system, during the course of this thread, from backing the favourite to backing the outsider (which I suggested in our PMs would be a more sensible idea), post a load of screenshots and argue with me before telling me that you've reversed it!

You're probably right, I should start arguing with pigeons.

You were on the original FAV but the price moved against you and the original FAV is now FAV2. Can you remedy this without putting additional monies into the MARKET? Yes! Possibly! - by backing the Profit amount on the FAV2 into the current FAV.

[Dr Ginhog]

Hi Derek,
I had no intention initially of giving details of my winning BAF but wanted to Give hints. I know it sounds stupid but I sometimes do stupid things without thinking.My probably
the impulsive type. Im definitely LOSS AVERSE and am trying to work exclusively on
automated BAFS to stop me blowing the bank when I get involved,

[Derek27]

Hi Derek,
I had no intention initially of giving details of my winning BAF but wanted to Give hints. I know it sounds stupid but I sometimes do stupid things without thinking.My probably
the impulsive type. Im definitely LOSS AVERSE and am trying to work exclusively on
automated BAFS to stop me blowing the bank when I get involved,

That's why I suggested having the discussion on the forum. Loss aversion is a trading killer and there's plenty of discussion about it on this forum. Automation can counter loss aversion by taking away the impulsion of a manual trader but it won't if the strategy itself is geared around loss aversion.

[Trader724]

It's not out of the question that you can win from a martingale type staking strategy, the way you bet is one facet, but if that's how you work your way into a situation that mathematically happens fewer times than you can afford to bet cumulatively then it's a good thing. Martingale doesn't work when you have no edge, but if you do then it changes the situation completely.

[Trader Pat]

It's not out of the question that you can win from a martingale type staking strategy......

Seconds out, round 497

[Trader724]

I have no idea what you're referencing

[Trader Pat]

I feel yet another pointless martingale 'debate' coming

[Trader724]

Well, if you take what I'm saying out of context, that's probably all you understand.

[Dr Ginhog]

Im all punched out Pat nothing left for Martingale.

[Trader724]

If a certain situation happens for example 5 times on average in a certain time interval, although you can't know the exact sequence, with martingale you can take advantage of this information(edge). It is the only problem it can solve.
That is the only thing it is useful for.

Even if it happens more than 5 times, martingale gives you flexibility, the main condition remains that you can still bet even on the most extreme event, which we all know will happen sooner or later and if you don't meet that condition, you're screwed.

[Trader Pat]

Well, if you take what I'm saying out of context, that's probably all you understand.

You're probably right...

I'll just go back to my daily ritual of turning a profit and I'll leave you to make whatever point it is that you're trying to make