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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call
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To: Sojourner Smith who wrote (11425)6/15/2003 11:38:27 PM
From: Sojourner Smith   of 11447
 
This is interesting;
shazam.econ.ubc.ca
They have kept track of all the people who have been
flipping coins since 1995 with over 100,000 flips and they don't even show a sequence of 12 in a row.
Looks like from bottom chart, if I'm reading it right,
the chance of 11 is very small.

So lower the initial investment or raise the entry to get
a risk of ruin number of 15 flips to be way on the safe side. And there you have what appears to be a safe profitable system.
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