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woods101

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What is hit and run? To me hit and run is the use of stop/loss after a certain point or walking out when in profit at a certain point.
Non-hit and run is the continuation of play irrelevant of consequence and stoping after a time(d) period rather than a point of profit or loss.
Is this what you think both should be?

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superman

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Hit n Run = reach goal and worry over (or hit bad streak and convert to NON Hit n Run mode and allow panic to set in)
 
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Non-hit and run is the continuation of play irrelevant of consequence and stoping after a time(d) period rather than a point of profit or loss

Continuation = just carry on, until you make as much as you wanted for the hour/day absorbing the ups and downs as you go, I doubt many would actually stay 24 hours a day but my opinion is this is what we/they mean. Unless of course a method was found and you could leave the bot running while out or on holiday, bit daft though.
There's only one way forward, follow random, don't fight with it!

Ignore a thread/topic that mentions 'stop loss', 'virtual loss' and also when a list is provided of a progression, mechanical does NOT work!

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Skakus

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Hit and run is resetting your system or strategy back to step 1 of your game plan whenever it tickles your fancy.
A ship moored in the harbour is safe, but that's not what ships are made for.

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Bayes

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So who thinks that using bots which run continuously or simulations over millions of spins is pointless because "no-one plays that way"?

What about blackjack players who count cards and wait for the right conditions in the deck? is that hit & run?
"The trouble isn't what we don't know, it's what we think we know that just ain't so!" - Mark Twain

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Bayes

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Hit and run is resetting your system or strategy back to step 1 of your game plan whenever it tickles your fancy.

But if you only reset when it tickles your fancy, isn't that the same as resetting randomly? how can that  give you an advantage?
"The trouble isn't what we don't know, it's what we think we know that just ain't so!" - Mark Twain

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Skakus

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So who thinks that using bots which run continuously or simulations over millions of spins is pointless because "no-one plays that way"?

Not me.
 
I think bots are a fantastic tool to test systems with, and possibly to actually bet with.
 
Continuous play is a solid benchmark, however bots that play in real time have their glitches and problems so expecting real time continuous streams of numbers into the millions is totally unrealistic.
 
People using online bots are forced by default to accept a hit & run format. All it takes is one disconnect from your casino's server and you are playing hit and run whether you like it or not.
 
For this and other reasons I believe people should be engineering systems that do not rely on continuous streams of numbers because basically there is no such thing.
 
Think of it as hit & run with completely random exit and entry points, or continuous play with completely random interuptions. You see, for 999.99% of strategies it makes no difference, really.
 
 
 
 
A ship moored in the harbour is safe, but that's not what ships are made for.

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Skakus

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But if you only reset when it tickles your fancy, isn't that the same as resetting randomly? how can that  give you an advantage?

My post was a devil's advocate, definition type statement attempting to encompass all the variable reasonings for hit & run.
 
 No advantage expected, but no disadvantage should result either. So see my previous post.  :)
A ship moored in the harbour is safe, but that's not what ships are made for.

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woods101

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Mmmm...


So when does profit or stop/loss point become hit and run?


Is hit and run when you play a finite amount of mini games and then either leave in profit or exit at a loss before that?


And is the opposite when you play as many games as possible and exit when you hit a defined profit point/ stop-loss point/ or when you're tired, for example?

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woods101

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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

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Robeenhuut

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Hello

Its a perfect crime  or isnt it?   :D
Matt

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woods101

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Hello

Its a perfect crime  or isnt it?   :D
Sorry Rob, not sure what ya mean?
Woods

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Robeenhuut

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Sorry Rob, not sure what ya mean?
Woods

Just a joke Woods here.   Never mind me.  If you could get away with that it would be a perfect crime :D

Some analogy with roulette and casino maybe :)

Regards
Matt

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strato1985

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Thats how I see it

You numpties that sit there betting every spin of the game will never win

Hit an run is stopping at your profit point an leaving at your stop loss point exactly.

You mitigate the losses and capitalise on the wins
Reset when it tickles your fancy, maybe only when the conditions become unfavourable to your bet ( which happens to all bet )

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mr.ore

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Bet a number for 37, start with 0. If after 37 spins your bankroll decreased, bet another number (1,2,...), otherwise continue betting the actual number.

Is this hit and run?

Dutchy

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  For me, hit and run means having a set goal (for example+3)and once that goal is met you leave.It also means if I loose a certain amount of units(say -6) I also leave. :thumbsup: 

 

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