What is hit and run?

[woods101]

@Robeenhut
Ahh got ya. Yep it would be lovely if we we're all Robeenhoods and could reverse the crime all the time- unfortunately we've got to take whatever we can get and suffer the man and his 2.7%.

@ Strato
My sentiments entirely. There has been a lot of debate (read: slagging off!) of h/r as a belief but as has been discussed with others recently - what is h/r?
Personally I figure that stop/loss/profit point is h/r as I can't see it being anything else.
If this becomes the accepted definition then maybe we can analyse it as a practice and conclude as to whether it provides benefit (i.e. finally move on from this whole debate!). I think when we refer to loss/stop or profit/stop points as oppossed to the phrase 'hit and run' we would get an entirely different response from a lot of members here.
If this is what we come to believe as h/r then there are plenty of members who practice hit and run yet regard it as something else.

Example:
If you lose half your BR in a session and decide your luck is down that day and leave purely based on this or... you make a profit, feel good - "that'll do for today" then yep this is h/r ..BUT......if you lose and hit your loss limit  point or...equally if you hit your profit point for the day and walk out...this is also h/r, but a much more defined version with specific parameters. It is the latter that I would like to propose as an accepted definition of h/r simply because most people here practice methods of some sort that subscribe to some form or set of rules rather than whimsical or instinctive play.

What do we think and how does this sound?

@ Mr. Ore

Without defined parameters based on financial achievements or loss, based on either patterns, sequence, applied methods or even mood or instinct, then I have to conclude- No.

Woods

[woods101]

P.s.

@ Mr. Ore (but I know you know that!)

[Bayes]

Hey Bayes,

You wanted a system to test re: h/r and I gave you one. I have come to the conclusion that hit and run/ - stop/loss amounts to exactly the same thing. I can't view it as anything else.
On this basis I think the system I gave you is valid regarding. I was wondering how the testing is going?

Woods

Been a bit busy lately, but gonna do it this weekend. 

[woods101]

@ Bayes. Nice one.
I've got my jug of custard ready. It distracts my mouth from the flavour of humble pie!

W

[rolf-harris]

Imagine you had gotten yourself into a fight situation with a huge guy that you knew
you would have no earthly chance of beating in a long drawn out brawl...
Its a bit like that, .. get the first punch in and run like hell.....
But the analogy ends there with roulette because, where as we would try and avoid the guy in future, we keep coming back to the table to take further pops.

[ophis]

Well I use sort off hit and run when playing with MST.

When I see some of the systems are "on the ball" then I am playing with them until I get desired profit or until they will start to act suspicious... since you never know when you will hit this losing streak.

You may consider it as playing multiple systems with hit and run at the same time.... but either way... I was unable to automate/code this in manner in which this method would win....

Strangely I am building my bankroll steady forward, but they are days when none of the coded systems "feel" stable enough to risk.

So even if Hit and Run is complete CR** then i still believe they are some people that can win playing like that (with luck).

.... I just want to know how to code it 

[woods101]

@ Rolf,

Punch him more times than he punches you, and then run away, and then repeat the next day, and in theory, over time he will hurt more. That's if your punching hard enough!

@ Ophis

I think your last post clarifies what is being put forward here. All systems lose if played continously. How can you win? you avoid the periods of loss. If you know your systems well then you will know (should know) how long those losing periods may last, but you will also know that they start with the first losing game.
A good system should be one that wins more than it loses. I don't know of a system though that won't give away all it's profits when it hits a period of losses. If you can take the first loss and walk away then you will avoid extreme damage maybe.
As you say some people may be luckily abstaining for the right amount of time, depending on the system they're using, or just doing the right thing based on instinct as much as anything else.

Woods

[ophis]

You are right woods... all systems that I have ever coded are loosing playing continuously.
That is the nature of randomness.

But also all systems are WINNING when specific set of numbers is given to them.
Thats why I have made MST... to track all VALUABLE systems at the same time.

Like I said some time ago.... EVERY system is winning at some point. And the purpose of MST is to be able to notice which one of them is winning at those particular set of numbers that your casino is giving to you.

MST is not perfect yet. There is only 13 systems for now... most of the times at least one of the included systems is wining... the system that we suppose to use at that specific time.
But Im sure that one day, with help of the community there will be enough system to deal with ANY set of numbers.

The goal is to have at least one system winning....any system winning... at ANY set of numbers.

This way by using our common sense we can easily notice with help of ZSCORE calculations and CHART analyst which system is most likely to bring us some profit.

MST has been gone... But now it will be back. More powerful than ever.

[Bayes]

I'm using a "system" based on EC patterns (64 × 3 ECs = 192 in total). For each pattern the software keeps track of a number of events such as double and triple wins, % of wins in the last X spins etc. Like Ophis, I'm using it in a hit & run kind of way, jumping from pattern to pattern based on what the events are doing. The results are consistent, but it's very hard to come up with a reliable set of triggers which can be coded. I'm not going to give up the search, but in the meantime, intuition, or whatever you want to call it, seems to be serving well.

Nice to hear that MST isn't dead, the concept behind it is key to consistent profits, IMO. 

[woods101]

@ Ophis and Bayes
Keep fighting the good fight!

W