looking for a profitable staking plan using compounding

[nivi7]

i ve heard this plan and really like it

1)divide your bank roll in 100 units
2)aim to win 10 units per month
3)on the second month rise your unit per 10%
4)continue this way every month

example

your bank is 1000 euros,so your units are 10 euro each
1)aim to win 25 euros every week using 10 euros stake
2) second month rise your unit 10%,that makes it 11 euros and your bank is 1100 euros
3)third month your units are 12,1 euros and your bank 1210 euros
.
.
.
this way in three years you will have around 30.000 euros bank

[johnsheppard]

Im not entirely sure target staking is a great idea.

Why not just target 200% per month instead of a paltry 10%? It's doable right? (that's a rhetorical question aimed at the 10%)

I think calculating your edge from data and applying kelly criterion (or similar) is the way to go if you are good with doing the data stuffs. If not that then % of bank is the simpler and the next most sensible way. And when I say sensible I mean, that the returns are in line with the associated risk. I am not sure what the correct word or term is for that....I'm sure the financial trader peoples have a term for it...

[nivi7]

the aim of looking only for 10 units per month is to make it very easy and achievable goal



but it doesn't satisfy me as well
this is why i made this thread to hear more and better plans using compounding

[wearthefoxhat]

Here's a spready that might help.

It takes each bet or overall trade result and calculates/compounds onto the next one. After 2 coups, it takes back some profits but continues to compound onto the next coup. After 5 winning coups in a row, start again and bank profit.

Depending on price range/risk, if bet 3 lost, the original stake could be protected or a small profit made anyway.

As long as the initial stake is proportional to your overall money management then all should be good.

Compound.xls

[gazuty]

No strategy can profitably stake compound into the never never.

There is a maximum profit amount (not an unlimited amount) that can be taken from any strategy on any event.

[Derek27]

i ve heard this plan and really like it

1)divide your bank roll in 100 units
2)aim to win 10 units per month
3)on the second month rise your unit per 10%
4)continue this way every month

I think the staking plan was developed by somebody living in dreamland - how exactly to you aim to win 10% per month? What exactly do you do differently?

[nivi7]

I think the staking plan was developed by somebody living in dreamland - how exactly to you aim to win 10% per month? What exactly do you do differently?

actually it is very easy and achievable
it requires only 25 euros profit per week

[Derek27]

I think the staking plan was developed by somebody living in dreamland - how exactly to you aim to win 10% per month? What exactly do you do differently?

actually it is very easy and achievable
it requires only 25 euros profit per week

I know it's easy with a small bank, but my question was, how do you aim for a 10% profit?

If somebody only makes 5% per month, does he double his stakes with the same bank?

As Gazuty alluded to, it may be easy to turn £500 into £550 in a month, turning £5000 into £5500 won't be as easy as it requires matching ten times as much.

[nivi7]

I think the staking plan was developed by somebody living in dreamland - how exactly to you aim to win 10% per month? What exactly do you do differently?

actually it is very easy and achievable
it requires only 25 euros profit per week

I know it's easy with a small bank, but my question was, how do you aim for a 10% profit?

If somebody only makes 5% per month, does he double his stakes with the same bank?

As Gazuty alluded to, it may be easy to turn £500 into £550 in a month, turning £5000 into £5500 won't be as easy as it requires matching ten times as much.

it is only 2.5 units per week
it is very achievable number for any bettor
that's why we rise the stake 10% each month and that's the reason this plan has one month time period to achieve
the target

[Derek27]

actually it is very easy and achievable
it requires only 25 euros profit per week

I know it's easy with a small bank, but my question was, how do you aim for a 10% profit?

If somebody only makes 5% per month, does he double his stakes with the same bank?

As Gazuty alluded to, it may be easy to turn £500 into £550 in a month, turning £5000 into £5500 won't be as easy as it requires matching ten times as much.

it is only 2.5 units per week
it is very achievable number for any bettor
that's why we rise the stake 10% each month and that's the reason this plan has one month time period to achieve
the target

Yes, I know 10 divided by 4 weeks is 2.5 and I KNOW IT'S ACHIEVABLE!! My question was how do you aim for 10%?

If you're painting a house you can aim or decide to finish the room before going home, but aims are not so applicable to gambling as we can't decide how much we win. If it's so easy then you don't need to aim - you just do it, no staking plan needed.

It's common sense to bet proportionally to your bank, which involves increasing stakes as your bank grows, and just as importantly, decreasing stakes if your bank shrinks. But the staking plan you put forward in the OP instructs to increase stakes by 10% regardless, even if you lose!

[gazuty]

it is only 2.5 units per week
it is very achievable number for any bettor
that's why we rise the stake 10% each month and that's the reason this plan has one month time period to achieve
the target

Step 1 - do you have an edge?

A. Yes
B. No
C. I don't know

[nivi7]

. But the staking plan you put forward in the OP instructs to increase stakes by 10% regardless, even if you lose!

no
you rise the stake when you make that 10 units profit

[Derek27]

. But the staking plan you put forward in the OP instructs to increase stakes by 10% regardless, even if you lose!

no
you rise the stake when you make that 10 units profit

That is actually what I do anyway except the process is continuous, not in 10% increments (why don't you use percentages instead of units of 100 - it's the same thing?). Nobody had to come up with a staking plan as it's obvious.

I take it you're a bettor and not a trader. It's quite foolhardy betting to flat £10 stakes, you cannot justify having as much on a 33/1 outsider as you would an even-money favourite. You will also find that when you place a £10 order and £2 gets matched, you won't get £20 matched when you're staking £100, it will still be just £2 matched so you'll struggle to scale up when your stakes get bigger. Eventually, you'll be limited to what the market can offer.

[TipTopTrader]

You have describe the staking plan yourself. You use 5% as a stake and set a .5% stop loss


Lets say you have 1k euro, so you use 50 euro stakes and have a .5% stop loss so you never loss more then 5 on a lossing trade.You wait till the bank increases by 10% and then you use the new amount, which would be 55 as a stake and 5.5 as a stop loss.

If somehow things arent going well you adjust if you have a 10% drawdown. 900 euro bank 45 as a stake and 4.5 as a stop loss.

If your betting then staking to collect 4 or 5 % of your bank is the correct why to do it. Using your marked price or the market as a price. So if you back a 4 dollar runner you bet 10 euro from your 1k as you want to collect 4% of your bank which is 40 euro, if its 2 dollars then you bet 20 euro, or 25 if you want to bet to collect 5% of the bank , and adjust as the bank rises or falls 10%.

[rik]

targeting profits is stupid, the bigger your edge the bigger you should bet, dont have an edge dont bet.
say you reached your target and someone offered you 2/1 on a coinflip your not going to take the bet?
its like roulette players walking away after "locking in" a profit, if you think thats smart you shouldnt play in the first place, no staking plan will help you without an edge