![]() ![]() What matters is the probability of me picking the correct outcome.īesides on a daily chart I often hear the term “noise” being thrown around and I’ve read on many reputable forex websites that pairs can go up and down by up to 200pips some days just due to “noise” or “random movements” throughout the day. So it really does not matter if the market is random or not. When I randomly chose buy or sell, there is a 50% chance I will select buy and win the trade. Let’s assume that the EUR/USD only ever goes up in price and never goes down. If you don’ t see that Rambo35 has a point. When you are of the opinion that it will work you may consider that this still doesn’t explain it, but the point is that you will be ignoring all signals given by the market. But it still is gambling and therefore not considered to be a smart trade strategy. Heck, your system may be more profitable than the trading done by some of our obsessive technical traders and you hang in there longer. ![]() When you are of the opinion that it will work you may consider that this still doesn’ t explain it, but the point is that you will be ignoring all signals given by the market. But it still is gambling and therefor not considered to be a smart trade strategy. ![]() Changes are that you run out of luck at some point of time. You can be lucky for a while with small loss days and big gain days that you luckily chose based on your method. It is not up to us to say if it is profitable or not (so I don’ t). FX is not random, otherwise the price would be all over the place. We think it won’t work because you are trading randomly in a non-random world. In fact nobody has told me why it won’t work. Started with 12k went up to 53k after a month. I know a guy who traded based on a coin flip. This is purely a thought I it’s probably a bad idea otherwise everyone would be doing it but can someone tell me where the flaw lies because I cannot see one. Although over the long distance should this not make money? I mean at the end of the day it’s completely random… I may get lucky and select 3 awesome trades that are doing amazing. So with my understanding if all 3 trades lose then I will lose 150pips but even if 1 of them win then I will at least break even. Then I’ll set a stop loss of 50pips and a take profit of 150pips and just leave all 3 until the market takes them out. I will run this 3 times producing 3 different trades. Then I will roll another random number and if it’s 1 then I’ll sell, if it’s 2 then I’ll buy. Whatever number it lands on that is the currency pair I will be trading. So on my platform I have 9 currency pairs selected and I use a random number generator ranging from 1 - 9. I wanted to ask your opinion of 100% random trading. I’ve been messing around with a demo account for a while now trying all different kinds of things, honestly just having a bit of fun and not really trying to make money… Just testing the platform. Then, save the link somewhere on your notes and use it later.Hello everyone. In order to save your created random number picker, you need to press the “Share” button and wait until the custom made URL appears next to the domain. The Wheel Generator allows users to add random values up to 500. How Many Numbers Can You Add on the Wheel? To make your own spinner of random numbers, you need to do 4 steps:Īdd your own values in the box (the minimum value for the wheel to work is two). Letting the wheel decide which of the basketball players from the ‘Knicks’ will get the most dunks and many more.īy default, this number generator includes 10 values, but the number of numbers that can be added is 500. ![]() You can also use the random number wheel for:Īdding your own numbers, for example, creating a random number wheel from 1 to 50.Ĭhoosing a pica you want to eat from the menu. Simply speaking, with random generators, you can get an unexpected result. Random number generators are mostly used in statistics when choosing samples for many statistical tests. What are Random Number Generators Used For? All you need to do is spin the wheel, see the results and pick a winner. Just spin the wheel! What is Random Number Generator?ġ to 10 random number generator allows you to pick a random number. This random number generator is custom made for you to spin the wheel from 1 to 10. ![]()
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