What would you do if this was you? 5k profit from 20k bankroll

[Le_Chiffre]

@Sam

what bankroll are you going to be using to make the 50 per day target and what is your overall target or are you planning on doing it indefinitely?

Do you think 5k from 20k is achievable with your system in the space of a month with a low risk?

[iggiv]

there is no "low risk" about taking 20k to casino unless you're a millionaire of course. A few mistakes which can easily happen, and u r done. U gotta realize that. That's why they divide big bankrolls into small. Because a bad day can happen any day. A bad moment can happen any moment, and there could be a chain of those bad moments which will lead u to total disaster.

And longer you play -- there are more chances that u encounter this chain of events really SOON. Something u consider impossible. Like they say "20 reds in the row? Give me a break". And then u see 25 reds in a row though nobody saw it before. And what is the relief for ya that You can claim for entering into Guinnes record if u lost your 20k? (it's only an example, i am not saying u gonna play on sleeping black, just a small example what u can encounter).

just stop and think about it....

in my opinion You have a totally wrong approach.

[Le_Chiffre]

ok iggiv, so are you saying the best way is to set stops of about 400, then one day i may make 500 in a session, then next day i hit the 400 stop loss so I'm net +100 for two days.  then the next day i make another 500.  then the day after i hit my stop again and now im up +200 for 4 days and so on?  Seems like a slow but good approach, much like financial investing.  trouble is what happens if every day i keep on getting stopped out as it's too tight and never lock in any profits.  i would be down 1600 for 4 days.

[TwoCatSam]

Le

I haven't figured out the bankroll yet.  I want to inch upwards to the amount I need.  I am poor at math, so I have to think long and hard before I post.

In a month, using this method, one could easily earn 5K off 20K.  Like iggiv says, it would be done with small chunks of the 20K and a goal of about $75 per day profit would be in order.

Tell you what, I'll use $20 and make $5 and screen shot my before and after balances.  I'll keep track of exactly how far down I go into the penny bankroll.

It will be fun!

Later today.

Sam

[iggiv]

listen up.

buy those 2 books by Lee Tutor and Brett Morton. It's a small investment for  a guy with 20 K. Get down on them,
sit with them for some time, read them and understand what the authors say. after that buy RX if u did not buy it yet, another small investment. Make your virtual bankroll 500 or 1000 units. Aim for 5 or 10%. Play virtually with
German or any other real spin data. Do it for some time till u see that u get those 5% regularly, and it makes more than u lose. Then take to casino this amount of money (500 or 1000). No more than this. and start playing with it.
If u can make 5-10% regularly (with proper stop loss and overcoming your losses) then within a few months
u will double or even triple your bankroll. So u can take to casino bigger amount of money now. If u lost it (or part of it), then u lost it. At least u did not lose 20k.

[iggiv]

look man, i am not giving u exact amounts. i am not an expert in the field, certainly not Lee Tutor or Bret Morton. I suggest u go with them. They wrote bestselling books, u can get your hands on those books within 5 minutes.
This is low investment with extremely low risk but possible big profits. Thats all i can advice. But never ever ever
take 20K to the casino if u did not make in casinos 100k before. That's a road to disaster.

ok iggiv, so are you saying best way is to set stops of about 400, then one day i may make 500 in a session, then next day i hit the 400 stop-loss so I'm net +100 for two days.  then the next day i make another 500.  then the day after i hit my stop again and now I'm up +200 for 4 days and so on?  Seems like a slow but good approach, much like financial investing.  trouble is what happens if every day i keep on getting stopped out as it's too tight and never lock in any profits.  i would be down 1600 for 4 days.

[Le_Chiffre]

thanks Sam

thanks iggiv