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what's the flaw here

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what's the flaw here

1) simultaneously set up a long and short position at price X

2) put a very tight/close stop loss at both ends

3) when one of your stop losses is triggered, repeat step 1 at new price

4) ??? ride the chart up or down forever with minimal risk ???
>>
help
>>
>>2619433
>1) simultaneously set up a long and short position at price X

lol'd
>>
>>2619683
help
>>
youre assuming that the price would
1. keep going in the direction opposite of the stop
2. not turn around and hit your stop

where would your profit target be?
>>
When it hits one stop...there is nothing stopping the price from turning right back around and riding it back in the other direction.
>>
>>2619433
The price can crash past the stop dumbass
>>
>>2619913
three lines on the graph

top = short stop
middle = current price
bottom = long stop

then when it breaks through your top, cancel the short stop, move the bottom to the previous middle, and create a new long stop same distance ahead then before

just ran a simulation is MS paint and the system still looks good to me to be honest
>>
>>2619433
There's an episode of the Simpsons where they are at a casino and Principal Skinner has bet $100 on red and $100 on black, noting that there is no risk but he still has the thrill of gambling.

The roulette board comes up with 00 - green. He loses $200. That is what is going to happen to you, except in this scenario, 00 green is much more likely than red or black.
Thread posts: 9
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