Staking
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I’m testing a new staking method by using the most up to date stake percentage for each trade, trade to trade you could say, rather than a monthly or quarterly stake increase. For example:
Taking odds of 2.0 per trade(no commission)
£100 bank, 2% stake per trade starting at £2
Trade 1 wins, increasing bank to £102
Next trade stake value £2.04 (2% of £102)Trade 2 wins, increasing bank to £104.04
Next trade stake value £2.08 (2% of £104.04)Trade 3 loses, decreasing bank to £101.96
Next trade stake value £2.03 (2% of £101.96)And so on..
Does anyone else use this staking method?
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@Patrik-Mellqvist Thank you, that is a good bit of reading for me later on, written by people with a lot of experience.
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@Stephen-Hancox Hi thanks for the feedback, of course, yes every loss on this strategy is also at the highest value. I would be using this on higher strike rates but looking at it from this perspective isn’t something I’d given much time to, thanks.
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@Chris-King Hi Chris, staking at odds of 2.0, if you win 50 of 100 trades then you would break even. However, using the method you suggested, your losers would always be at the highest stakes and the winners would be less than the losers.
Starting bank £1000, so £20 stake
Trade 1 wins, increasing bank to £1020
Next trade stake value £20.40 (2% of £1020)Trade 2 loses, bank now £999.60
Next trade stake value £19.99Trade 3 wins, bank now £1019.59
Next trade stake value £20.39Trade 4 loses, bank now £999.20
Sio effectively you'd be slowly losing money on a break even strategy. Hope that makes sense.
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@Chris-King said in Staking:
I’m testing a new staking method by using the most up to date stake percentage for each trade, trade to trade you could say, rather than a monthly or quarterly stake increase. For example:
Taking odds of 2.0 per trade(no commission)
£100 bank, 2% stake per trade starting at £2
Trade 1 wins, increasing bank to £102
Next trade stake value £2.04 (2% of £102)Trade 2 wins, increasing bank to £104.04
Next trade stake value £2.08 (2% of £104.04)Trade 3 loses, decreasing bank to £101.96
Next trade stake value £2.03 (2% of £101.96)And so on..
Does anyone else use this staking method?
I know one similar method where you increase and decrease based upon the bankroll and is from an old known sports document - if I understand you I think that is a very decent approach - I will try to upload it so you can read the original -
400
400
400
400That is how you split the bankroll into four parts or blocks ...
When you for example have made 200+ or 400+ you increase the overall parts of the bankrollwith 200+ extra 50 on each block
450
450
450
450Increase unit size and so on ...
And something similar if you lose you decrease ... see the original document ...
