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Roulette-focused => Main Roulette Board => Topic started by: Andre Chass on Jul 14, 10:40 PM 2018

Title: A winning strategy has no stop loss
Post by: Andre Chass on Jul 14, 10:40 PM 2018
In my humble opinion.

Feel free to disagree. Please be polite!
Title: Re: A winning strategy has no stop loss
Post by: The General on Jul 14, 11:11 PM 2018
The KFC "trot" seems to have a stop loss based on future spins.  In other words the player looks into the future to see if they should quit on the next spin, the one after that one, the one after that one, the one after that one, or earlier in the session.  :twisted:

(link:s://:.dia.org/sites/default/files/styles/events_main/public/timemachine.jpg?itok=B6J4lplz)

Of course the player needs a time machine to actually know when they're supposed to quit!  :twisted:
Title: Re: A winning strategy has no stop loss
Post by: Scarface on Jul 15, 12:41 AM 2018
More people lose their money due to greed than they do to the house edge.  Too many people chasing losses.  I believe knowing when to stop and take profits or losses help my game.  I know many may not agree.  Also, knowing when to change bet selection and/or system also helps.  If something's not working for me that day, I'll drop it and move something else.
Title: Re: A winning strategy has no stop loss
Post by: The General on Jul 15, 12:43 AM 2018
Quote from: Scarface on Jul 15, 12:41 AM 2018
More people lose their money due to greed than they do to the house edge.  Too many people chasing losses.  I believe knowing when to stop and take profits or losses help my game.  I know many may not agree.  Also, knowing when to change bet selection and/or system also helps.

A trained monkey will perform just as well.
Title: Re: A winning strategy has no stop loss
Post by: Joe on Jul 15, 05:03 AM 2018
Quote from: Scarface on Jul 15, 12:41 AM 2018I believe knowing when to stop and take profits or losses help my game.  I know many may not agree.  Also, knowing when to change bet selection and/or system also helps.

The question is how do you know when to stop or change bet selection or systems? When you're losing seems like a good time, but things might be about to turn around just at the moment when you stop or change systems. There's no way of knowing, so I have to agree with the OP, and the General. Without a time machine, you're basically just guessing.  :-\
Title: Re: A winning strategy has no stop loss
Post by: Andre Chass on Jul 15, 05:06 AM 2018
Quote from: The General on Jul 14, 11:11 PM 2018
The KFC "trot" seems to have a stop loss based on future spins.  In other words the player looks into the future to see if they should quit on the next spin, the one after that one, the one after that one, the one after that one, or earlier in the session.  :twisted:

(link:s://:.dia.org/sites/default/files/styles/events_main/public/timemachine.jpg?itok=B6J4lplz)

Of course the player needs a time machine to actually know when they're supposed to quit!  :twisted:

Hahaha

Theryes intelligent life in this forum.

There's still hope in the human race.
Title: Re: A winning strategy has no stop loss
Post by: 6th-sense on Jul 15, 05:15 AM 2018
Quote from: Andre Chass on Jul 14, 10:40 PM 2018
In my humble opinion.

Feel free to disagree. Please be polite!
I thought you used stoploss on baccarat?
Everyone knocking nottys sheets or way of betting he is using statistics to his advantage that’s why he knows when to start and when to stop..he’s not guessing..
He knows the overtip limits..
He’s studied enough to have that advantage..
So yes there has to be a stoploss if you know the ins and out of your bet..this way you can hopefully win more than lose depending on how well you know your system limits and it’s downward tipping point

Title: Re: A winning strategy has no stop loss
Post by: Joe on Jul 15, 07:19 AM 2018
Quote from: The General on Jul 15, 12:43 AM 2018A trained monkey will perform just as well.

lol

(link:s://s8.postimg.cc/7tsdeu711/chimproulette.jpg)
Title: Re: A winning strategy has no stop loss
Post by: Roulettebeater on Jul 15, 09:40 AM 2018
Quote from: Joe on Jul 15, 07:19 AM 2018
lol

(link:s://s8.postimg.cc/7tsdeu711/chimproulette.jpg)


Yeah!
The monkey who keeps spinning black nuts in streaks !
Title: Re: A winning strategy has no stop loss
Post by: Scarface on Jul 15, 12:32 PM 2018
Quote from: Joe on Jul 15, 05:03 AM 2018
The question is how do you know when to stop or change bet selection or systems? When you're losing seems like a good time, but things might be about to turn around just at the moment when you stop or change systems. There's no way of knowing, so I have to agree with the OP, and the General. Without a time machine, you're basically just guessing.  :-\

If my bet selection isn't working, I don't wait long to change it.  While one thing is hitting way under expectation, there is always something else hitting above.
Yes, I know there is no way to be 100% sure that it will not come back if I continue to play.  But, I really believe this has saved me lots more money than I missed out on. 

I used the same strategy on stock market trading.  Got over a 300%+ return in a year on a market that was down 20%.  Made 100s of trades.  Only reason I can account for my success is that I quickly would drop non performers and move on to something else...even if it meant taking a small loss. 

I know there are no clear cut rules to this that someone can easily program into a simulation.  I believe it does take using your best judgement, or intuition.  But it has worked pretty well for me  :)
Title: Re: A winning strategy has no stop loss
Post by: ozon on Jul 15, 01:09 PM 2018
If you are able to reach the real edge, play flat bet, you never need a stoploss.
All you need is a bankroll that can withstand variance and even with a real edge, say 2%, bankroll is 500 units because dropdawn can be even on 200-300 units.

That's why many people counting cards in Blackjack can not withstand the tension associated with variance, you can be whole periods in the minus thinking that doing something wrong.

With roulette is even worse, if you reach the minimum edge playing flat, there is almost always the fear that it is too small sampel of spins, to be convinced that the system actually works.
Title: Re: A winning strategy has no stop loss
Post by: wiggy on Jul 15, 02:40 PM 2018
Quote from: ozon on Jul 15, 01:09 PM 2018
That's why many people counting cards in Blackjack can not withstand the tension associated with variance, you can be whole periods in the minus thinking that doing something wrong.

That's true! I knew a guy back in the early 90's who was a very good BJ player with meticulous records. He showed me his little book every so often and it showed periods of up to 3 months sometimes where he was either losing or treading water.
Not getting many opportunities and his spread could give his bankroll a whack when negative variance set in. He would always say at such times that the operation was a success however the patient died!  :xd:
Title: Re: A winning strategy has no stop loss
Post by: cht on Jul 15, 02:57 PM 2018
Roulette is no different.

Find the way to not lose in say 150spins, you have found the way to win.

The mistake everyone makes is to find the way to win. You won't.
Title: Re: A winning strategy has no stop loss
Post by: Scarface on Jul 15, 03:09 PM 2018
No one is guaranteed to win in 200-300 spins.  Not even AP players with an advantage
Title: Re: A winning strategy has no stop loss
Post by: Tinsoldiers on Jul 15, 03:41 PM 2018
Quote from: Scarface on Jul 15, 03:09 PM 2018
No one is guaranteed to win in 200-300 spins.  Not even AP players with an advantage
Well if someone can’t guarantee to win in 200-300 spins they can’t guarantee to win for more or less spins.
Title: Re: A winning strategy has no stop loss
Post by: nottophammer on Jul 15, 04:09 PM 2018
Quote from: Tinsoldiers on Jul 15, 03:41 PM 2018
Well if someone can’t guarantee to win in 200-300 spins they can’t guarantee to win for more or less spins.
Even less 40 or 60 spins easily done, just watch what the general can't see, the TROT, wheres muttley :lol:
Title: Re: A winning strategy has no stop loss
Post by: Andre Chass on Jul 16, 04:41 AM 2018
Ok, so you set up a stop loss. But when would be the right time to come back to the game? Guessing?

What if when you come back to the game and you get a bad run again? Another stop loss, and again, and again?

There is no way to predict what will happen when you come back playing, so stop loss is fallacy.
Title: Re: A winning strategy has no stop loss
Post by: cht on Jul 16, 06:04 AM 2018
You play continuously once you are at the table. No waiting, no trigger. Just place your bets on.

You stop when you are bored, tired or your profit target met. Simple.

You have to learn this first.
link:s://:.rouletteforum.cc/index.php?topic=20588.msg205633#msg205633
Title: Re: A winning strategy has no stop loss
Post by: Herby on Jul 16, 06:09 AM 2018
Quote from: cht on Jul 16, 06:04 AM 2018
You play continuously once you are at the table. No waiting, no trigger. Just place your bets on.

If you play continuously you have a very adaptive strategy ?
According to changes of the statistics you consider ... which are they ?
Title: Re: A winning strategy has no stop loss
Post by: cht on Jul 16, 06:16 AM 2018
Quote from: Herby on Jul 16, 06:09 AM 2018
If you play continuously you have a very adaptive strategy ?
According to changes of the statistics you consider ... which are they ?
Finally somebody talk sense, you are thinking.

Like I said earlier on RG thread, there is an old thread on this forum that shows the path. The OP walked off in disgust as usual. :xd: :xd: :xd:
Title: Re: A winning strategy has no stop loss
Post by: Herby on Jul 16, 06:29 AM 2018
in a few minutes he awakes and then he checkes how much money he was thrown after ...
Title: Re: A winning strategy has no stop loss
Post by: Joe on Jul 16, 08:35 AM 2018
Quote from: Scarface on Jul 15, 12:32 PM 2018I used the same strategy on stock market trading.  Got over a 300%+ return in a year on a market that was down 20%.  Made 100s of trades.  Only reason I can account for my success is that I quickly would drop non performers and move on to something else...even if it meant taking a small loss.

Are you still market trading? I know next to nothing about markets, but I would guess that following the trend works better there than it does in roulette because price movements are not independent in the markets, at least not all the time. If traders see a trend then many of them will jump on it, which is likely to keep the trend going.
Title: Re: A winning strategy has no stop loss
Post by: Scarface on Jul 16, 09:19 AM 2018
Joe, I no longer trade.  Maybe I will again someday, but it became way too much like a 2nd job.  At the time, I worked nights, and traded during the day.

Yea that's mainly what my strategy was, catch short term trends.  Its alot easier to double your money getting a few 5-10% returns than it is to pick a single stock that will double.

Oh, and if you never traded online it is really easy to do.  Everything is so automated.  You can preset your stock to sell if it hits a certain target or takes a certain loss, which keeps you from having to watch it 24/7  :).