When Coin Flipping Beat The Market: The Genius Of Tom Basso

Legendary trader Tom Basso believed he could develop a profitable system using coin flips to time his entries. After he concluded his experiment, the results were astonishing.
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Past results are not indicative of future returns. There is a very high degree of risk involved in any type of trading.

[@OfoeNelson]

Every trade is a coin toss believe it or not but the beauty is that while going both long and short we get to decide what value to give to which side wins or loses.

[@tlivingstonblog]

Well said

[@nathane2890]

Nice Video.
Thumbs up from me.👍

[@Mojo702]

Nick Shawn proved that in one of his videos

[@leandrogoethals6599]

so what exactly are the rules?
1. buy or sell randomly
2. manage the opened trade if it goes into profit by having a trailing stoploss
3.when trade goes against u do nothing, but when the stoploss is triggered back to step 1?
Am i correct?
If so well im gonna backtest that with python on the 26 forex pair, the 5 major indexes, 10 crypto coins and the fortune 100 stocks and THEN we are 100% sure

[@tlivingstonblog]

He would enter long or short on a coin flip. He would use a stop loss based on ATR. Then, he would trail the position with the same ATR stop loss to lock in gains.

[@brandonlee5029]

How does he time the flipping of the coin? as in what time does he decide the flip the Coin?

[@RuDyyx]

After the trade closes, flips a coin and enters a new trade. Trade after trade after trade...

[@tabassumkusum8332]

👍👍

[@tlivingstonblog]

Thank you

[@patrickc5218]

It looks like the supertrend indicator