Coin Toss – Forex Trading Strategy – makes lots of Profits

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  1. One (of many) major issue with this is that you said profit and risk targets are same, but in actuality you would need to make your profit target equal to [ Risk – Spread ]. That means that if you have a 1 pip spread and your stop loss is 10 pips, then you will have profit target of 9 pips. This assumes an even distribution of probability to move up and down (i.e. no skew). Even after all of this is corrected, the net result is still random. You might make money, you might lose money, but you have no edge is this approach.

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