Trading with coin flips

cinderblock

Well-Known Member
#1
I will use this thread to trade coin flips. I, myself, do NOT trade in this manner. So, this is merely for "research". I could have backtested the strategy but this way seems more fun. So here it is.

I will buy/sell NF futures based on the coin flip at 9:20 and square off at 3:25. I will use 2 coin flips and make decisions based on the following outcome:

1.HH - Buy
2.HT - Buy
3.TH - Sell
4.TT - Flip again.

I have used 2 coins instead of 1 because I wanted more NF Buy calls than NF sell calls (since we are in a bull market). Thus, on an average, 67% of the time I'd be buying NF and selling NF 33% of the time. Only on RARE occasions will I exercise my judgement and not follow the coin toss.

And for today, it's HT - so Buy. The high of 9:20 bar for Sep-NF is 8113.5.

So the position for today is LONG @ 8113.5
 
#3
:lol::lol: Funny idea to do this thread in the " Advanced trading strategies" section. :lol::lol:

Wish you good fun with that idea and a positive outcome. Only one thought: As you say "on RARE occasions I will exercise on my judgment and not follow the coin toss", this will give a wrong final result to the whole study, or don't you think so?

Take care :)
 

bunti_k23

Well-Known Member
#6
:lol:its not trading bro its fun and worry both at a time:lol:isnt there a money management plan behind it,something like a stoploss to protect u in bad days since ur trades will be biased....
 

Similar threads

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?