Money Management and ...

[Guest Adam on line]

Hi Plan: Pyramid High Risk: Very High Expected Return: Poor-Average Comment: avoid Discussion: cant find pyramid specif topic Where could I find any more information about pyramid and money management at all ? And why is pyramid poor ? I don't use that so I don't have experiences by myself. But I've read this opinion and there isn't much more comment. Of course Martingale is poor, although many people try it. Pyramid is also type of progress stakes. Pyramid could be for single bets and also for your all bets in one week (ex:100) and then stake will increse in next week (110). Have somebody count probability of bankruptcy for all type of staking planes ? Is pyramid (for example 20 +/-1) much more risk than single bets for 20 ? Besides I don't post here too often, but I bet enough long time to look for exactly answer. I like Kelly formula and single stakes: 1-5% of bank. After your bank will increase +100% or maybe more, it could be after 3 months or maybe a year - than you have to decide about increasing your stake. There is no information on websites what people use to do. (Some use to increse after making a winning plan and to decrese after loosing part of bank) In another way: earlier or later you need to increase your stake - so it is also kind of progress. (reffering to pyramid) I have looked for information of money management and also pyramid - but I haven't found much:

[Guest WelshGarth]

Re: Money Management and ... Erm Oopss hello Mr Nice member:lol :lol