Hi RyaWolf

Yes I recovered that time and pulled out that session, couple of hours later    And that happened because I was stubbornly chasing one trigger along the alley 

Standard deviation is square root function and because of that decrease is going much faster then increase.

I don't have stop loss in terms of units, but in terms of playing one particular trigger. If things don't go in your favour, stop and continue when another opportunity arises. It is less likely that things will go so wrong in successive samples.

From my experience it is better to switch triggers more often then chasing one trigger even if STD when you start on it is huge, like -4.0 std or above. As we know deviation doesn't have to balance soon and it isn't guaranteed that after a bit of "retrace" can't go unpleasant against you again.

Just remember, no pain, no gain

Hope this helps

Drazen

Quote from: Drazen on March 02, 2014, 11:25:21 PM

From my experience it is better to switch triggers more often then chasing one trigger even if STD when you start on it is huge, like -4.0 std or above. As we know deviation doesn't have to balance soon and it isn't guaranteed that after a bit of "retrace" can't go unpleasant against you again.

Just remember, no pain, no gain


Drazen

Solid advice... as always... from Drazen

Chasing is the worst...obviously we all try not to dig ourselves into holes we can't climb out of...abandoning a losing attack earlier than later is the best way to avoid big drawdowns once you've committed.   Another opportunity to attack will always arise...save some bankroll to fight another fight.

People seldom discuss the casinos biggest advantage is their wealth vs what's in your pocket...their staying power is a formidable obstacle

QuotePeople seldom discuss the casinos biggest advantage is their wealth vs what's in your pocket...their staying power is a formidable obstacle-RouletteKEY

The amount of money that the casino has doesn't affect whether you win or lose.

In the long run, the biggest obstacle is and always will be the house edge.

Today I got a drawdown -615. After 150 spins I recover a bit (about 100 units, when there was about 52% occurence) but that was it. To recover 615 units I had to had about 80%? Or more?

You guys said "chasing is the worst". If that long drawdown happened to me once there is a chance it would happen again, when I attack again.

As I said, taking the trigger at -3SD (or even more) and playing it so mechanically until getting in plus is not the way to go. Eh if things would be so simple...

Cheers

honestly, you are my all time favorite poster Sam