looking for a profitable staking plan using compounding

[Derek27]

targeting profits is stupid, the bigger your edge the bigger you should bet, dont have an edge dont bet.
say you reached your target and someone offered you 2/1 on a coinflip your not going to take the bet?
its like roulette players walking away after "locking in" a profit, if you think thats smart you shouldnt play in the first place, no staking plan will help you without an edge

The suggested staking plan isn't about stopping when you reach your target but increasing stakes. It's really like a plan to get a job that pays £1M a year and buy a mansion. Purchasing the mansion is the easy part and you don't really need to be told what to spend the money on!

[TipTopTrader]

targeting profits is stupid, the bigger your edge the bigger you should bet, dont have an edge dont bet.
say you reached your target and someone offered you 2/1 on a coinflip your not going to take the bet?
its like roulette players walking away after "locking in" a profit, if you think thats smart you shouldnt play in the first place, no staking plan will help you without an edge

My post wasn't about the best strategy to make a profit. The OP was about a compound staking plan.

I just gave 2 options on what he could use.

I did say you should bet to your rated price, your edge, but if you can't frame a accurate. market its better to use the market price as a guide.

[rik]

was replying to opening post

[TipTopTrader]

was replying to opening post

Ok no worries.

[ANGELS15]

Staking plans wont make you profitable only strategies that have a better than 50% success rate over long periods of time.

[eightbo]

Stake as Liability to a % of your current bank roll between 1%-15%. The higher your strike rate = the higher % you can get away with.
The number should make mathematical sense 1st (low Risk of Ruin — account is able to survive worst-case drawdown)
and
Within your risk appetite 2nd (being able to stomach that drawdown psychologically)

[nivi7]

bump for more ideas and plans

[nivi7]

here re my 2 cents
most people here lack the sense of time,they see betting as a present activity
this way,if they re good they will have profits
But if you see your betting in an horizon of 1 year,2 years or even better three years everything changes
first of all you there is no pressure,you have all the time you need to wait till the good match appears
and it is far more easier to be discipline and stick to your bets you decided
(in my opinion this is huge and i d love to hear you thoughts on this)

the benefit of the plan i posted on the OP,having a bank of 1000,breaking it to 100units ad aiming to 10 units profit per month gives you in 3 years,with 2.5units profits per week, 27.000
that's an amazing achievement that can lead you in 3 or 4 years in the financial freedom you always wanted.

this staking plan is the first one i ve heard,i got amazed,and felt the need to share it with everyone
but im sure there must be a few better that this
so please feel free to share thoughts and opinions

[Derek27]

most people here lack the sense of time,they see betting as a present activity...

Me again.

I think you're grossly underestimating the traders on this forum!

The staking plan you suggested is plain common sense, it doesn't require thinking up and nobody needed to tell me about it. It's obvious if you're running a successful supermarket and have the funds, provided there's sufficient demand, you can open another one and scale-up

What you don't seem to understand is that trading is not as scalable as you would like to think it is. You might lay a horse at 3.5 for £200 and trade it for a profit or loss. But with £2K in a market that won't support it, there may not be enough cash in the market to close trade resulting in a heavy loss. Your percentage profit will go down the more you stake, but simply scale up your stakes regardless of market conditions and you'll plummet into the negative!

[Derek27]

...gives you in 3 years,with 2.5units profits per week, 27.000
that's an amazing achievement...

...but im sure there must be a few better that this

That's a bit of a contradiction! You're amazed by the profits but dissatisfied because there must be better plans.

I think you're forgetting that no staking plan is a substitute for bad betting/trading, do well and the profits comes naturally. It's not the staking plan you need to get excited about but your results. Or why not start with £2K or £5K and accelerate the process?

[nivi7]

The staking plan you suggested is plain common sense, it doesn't require thinking up and nobody needed to tell me about it.

have you done it?
have you triple your 1000 bank in three years?
do you have 27.000 bank right now?

That's a bit of a contradiction! You're amazed by the profits but dissatisfied because there must be better plans.

nope
you just imagine there is

[Derek27]

The staking plan you suggested is plain common sense, it doesn't require thinking up and nobody needed to tell me about it.

have you done it?
have you triple your 1000 bank in three years?
do you have 27.000 bank right now?

That's a bit of a contradiction! You're amazed by the profits but dissatisfied because there must be better plans.

nope
you just imagine there is

Sorry for my vivid imagination, I just assumed that anyone who turns down a guaranteed £27K because he wants a better offer wouldn't find £27K so amazing!

I don't know why you assume everybody starts with £1K but if you bothered reading the rest of my post I said it's not easily achievable as you scale up. As I keep on saying, YOU NEED TO MAKE A PROFIT TO SUCCEED! No staking plan can do that for you.

In the last 3 years I've incurred at least 2 losing months so I certainly can't be certain of making a 10% profit every month. Obviously you're a much better and more consistent trader than I am if you're confident of averaging 10% every month (which is required to reach your target), but you won't turn anyone into a successful trader by sharing your staking plan.

This may come as a real shock to you but the majority of traders lose, and many break even. How's your staking plan going to help them?

[ShaunWhite]

have you done it?
have you triple your 1000 bank in three years?

There would be a lot of hungry people here nivi7 if they couldn't make 2000 profit from a 1000 bank in 3 years.

Maybe you should run your system for 6 months and then come back and tell us how it's working out for you.

[nivi7]

There would be a lot of hungry people here nivi7 if they couldn't make 2000 profit from a 1000 bank in 3 years.

what?
have you read it correctly?
in three years you ll make 27.000

[Derek27]

have you done it?
have you triple your 1000 bank in three years?

There would be a lot of hungry people here nivi7 if they couldn't make 2000 profit from a 1000 bank in 3 years.

Maybe you should run your system for 6 months and then come back and tell us how it's working out for you.

He did read correctly nivi7, you said triple your bank, which means winning £2000.