Red Black Running
2011
Red Black Running
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Gambling & Day Trading: Theory of Runs
Not many people would think that a theory developed for roulette and other similar gambling games could lead to a strategy for managing money in the markets - but the "Theory of Runs" does just that. The theory of runs is the theory that can link gambling and money management together.
The theory of runs is a theory that can be applied to high-leveraged or short-term trading, which is part of the reason that many traders will try to use it in the Forex market - since the Forex market works with high-leveraged and short-term trading.
To give you an idea of the theory of runs, think of a roulette wheel. On a spin there is a 1 in 2 chance, or 1/2, that the ball will be either black or red. So in theory, there's also 1/4 chance that there will be two black in a row or two red in a row, and the odds get smaller and smaller as you continue.
The theory of runs assumes that if the pick comes up red four times, then the chances are far greater than 1/2 that the ball will come up black on the next roll. Since there is only a 1/32 chance that the ball will go red five times in a row, the theory is that if the ball has already gone four times in a row, that somehow that fifth spin due to the law of averages if far more likely to go the other color than the basic 1/2.
Sports bettors will sometimes use this to explain why there will always be a "bad week" to average things out even after doing all the research on their picks.
The same example can be used with flipping a coin. If I flip a coin five times in a row, the chances of it landing heads on the sixth (in theory) are 1/2, but if the coin was heads all five times before that (a 1/32 chance), then the theory of runs is that the coin must become more and more likely to land tails with each flip.
Any time the "theory of runs" is being applied, it relies on 2 major conditions:
1. There is NO statistical advantage in occurrence of profits and losses
2. Theories must stress money management under adverse conditions
In the Forex market, Martingale and Anti-Martingale trading methods take this theory of runs into account. A martingale method suggests that the initial bet should be doubled each time a loss occurs, because after a win the better gets back to even, and then bets at the original investment once again. DO NOT USE THIS FOR TRADING THE FOREX!
An Anti-Martingale method is the exact opposite. Winners are doubled until a preconceived goal is reach, and then after that run is reached, you stop immediately and withdraw your money before the streak ends. Or, you keep adding more money until you have a loss.
These methods of trading Forex are directly related to the theory of runs, and are methods for trading the market. Each has its strengths and weaknesses, though many traders prefer a proven system that isn't based on gambling theory.
About the Author
And now I would like to offer you free access to a Forex trading system that is 89.1% accurate, so you can literally start trading the Forex today. You can access it now by going to: http://www.foreximpact.com/reports/89percent/
From Jason Fielder - Founder, ForexImpact.com
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Brooks Glycerin 9 Mens Running Shoes $130 The Glycerin 9 will make your feet even happier. With Brooks DNA now running the full length of the midsole, this shoe continues to raise the bar and set the standard for out-of-this-world comfort. We've upped the stakes even further with the introduction of Omega flex grooves that enhance flexibility and improve gait efficiency - for the smoothest, most comfortable run possible. Talk about happy feet! > See the Women's Glycerin 9Category: Neutral Weight: 12.1 oz Platform: Universal Construction: Strobel Launch Date: June 1, 2011. White/Silver/Tango Red/Black. 8 2E US. |
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Brooks Adrenaline GTS 11 Womens Running Shoes $100 The new Adrenaline GTS 11 brings together the shoe's revered fit and feel -- enhanced with a dynamic arch saddle and better conforming materials -- and the custom cushioning and dynamic responsiveness of industry-leading Brooks DNA technology. A match made in heaven is how we think of this noteworthy union. We're not alone: Runner's World awarded the Adrenaline GTS 11 "Best Update" in their Winter 2010 Shoe Guide in their December 2010 issue, on newsstands November 9. One of our wear testers said "I loved the addition of the DNA. They felt so much more cushioned and stable than the 10s. After putting the Adrenaline 10s back on because I wore the 11s out, I really prefer the 11s." > See the Men's Adrenaline GTS 11 > See the brand new Men's Adrenaline GTS 12, now with a sleeker fit, more breathable mesh, an improved Caterpillar Crash Pad for a smoother lay-down, and our new Omni Groove in the forefoot for a more compliant forefoot ride!Category: Support Weight: 9.4 oz Platform: Universal Construction: Combination Midsole • Anatomical Brooks DNA • Full-length BioMoGo • Progressive Diagonal Rollbar (PDRB) • DRB Accel • Universal Platform Outsole • HPR Plus • Forefoot Stable Pod Construction • Blown Rubber Forefoot Upper • Profile Sockliner • Moisture-managing Element Mesh • Synthetic Overlay Materials • Moisture-managing Element Linings • Internal Support Saddle Green Features: • BioMoGo, the world's first-ever biodegradable midsole for running shoes . White/Silver/Biking Red/Black. 13.0 B(W) US. |
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Brooks Infiniti Quarter 1 Pack $14 The ultimate running sock, with a bit of added length for those who like a little more coverage. Dri-Stitch™ moisture-transfer nylon and mesh panels keep your feet dry and comfortable on the run. • Dri-Stitch™ nylon effectively wicks moisture while also keeping feet comfortable with a smooth soft feel • Mesh top reduces bulk and allows better air circulation, keeping feet cool and comfortable • Reinforcement on the strike zones increases durability • Arch compression helps prevent socks from sliding into the shoe during physical activity • Anatomically correct for left/right comfort • A flat toe seam all but eliminates the chance of blisters caused by friction between harsh seams and toesFabric: 96% Dri-Stitch™ nylon, 4% Lycra™ spandex. Black/Blue/Red. L(M) US. |
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Brooks Mens Nightlife Hat $24 This hat eliminates excuses (you know, like darkness and rain) to miss a run. The ultimate running partner for nighttime and wet-weather runs, it features water-resistant, high-visibility fabric and 360 degrees of retroreflectivity. The cherry on top (or on back): A flashing rear L.E.D. light. • Fit: One size fits all • High-visibility fabric, flashing rear L.E.D. light, and 3M™ Scotchlite™ retroreflective piping dramatically enhance visibility • Fabric provides weather protection • Adjustable hook-and-loop backstrap Washing Instructions: • Remove the L.E.D. before washing: Lift off the red lens, being careful to not dislodge the small rubber plunger that activates the on/off switch. • With a pointed object, remove the circuit board. • Hand wash with mild soap and warm water. Hang to dry. • Be sure that the black plastic casing is dry before replacing the circuit board. • Replace the circuit board and red lens. The small rubber plunger must be securely housed in the center of the red lens to assure proper activation. Replacing the battery: • Gently lift off the red lens, being careful to not dislodge the small rubber plunger that activates the on/off switch. • With a pointed object, gently remove the circuit board. Two small LR41 watch batteries are housed on the back of the circuit board. • Slide each battery out of the holster towards the outside edge of the circuit board. • Slide in the new LR41 batteries, positive side up. • Replace the circuit board, making sure that it lies flat. Gently slide red lens with plunger back into the black plastic casing. • The flashing light on your NightLife Cap will work for approximately 200 hours before requiring battery replacement. Proper care will ensure the longest possible life.Fabric: Aireplex (100% polyester microfiber with Teflon Durable Water Repellent finish) is soft, lightweight, and wind- and water-resistant for comfortable... |
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Brooks Mens Nightlife Hat, Nightlife, OSFA $24 This hat eliminates excuses (you know, like darkness and rain) to miss a run. The ultimate running partner for nighttime and wet-weather runs, it features water-resistant, high-visibility fabric and 360 degrees of retroreflectivity. The cherry on top (or on back): A flashing rear L.E.D. light. • Fit: One size fits all • High-visibility fabric, flashing rear L.E.D. light, and 3M™ Scotchlite™ retroreflective piping dramatically enhance visibility • Fabric provides weather protection • Adjustable hook-and-loop backstrap Washing Instructions: • Remove the L.E.D. before washing: Lift off the red lens, being careful to not dislodge the small rubber plunger that activates the on/off switch. • With a pointed object, remove the circuit board. • Hand wash with mild soap and warm water. Hang to dry. • Be sure that the black plastic casing is dry before replacing the circuit board. • Replace the circuit board and red lens. The small rubber plunger must be securely housed in the center of the red lens to assure proper activation. Replacing the battery: • Gently lift off the red lens, being careful to not dislodge the small rubber plunger that activates the on/off switch. • With a pointed object, gently remove the circuit board. Two small LR41 watch batteries are housed on the back of the circuit board. • Slide each battery out of the holster towards the outside edge of the circuit board. • Slide in the new LR41 batteries, positive side up. • Replace the circuit board, making sure that it lies flat. Gently slide red lens with plunger back into the black plastic casing. • The flashing light on your NightLife Cap will work for approximately 200 hours before requiring battery replacement. Proper care will ensure the longest possible life.Fabric: Aireplex (100% polyester microfiber with Teflon Durable Water Repellent finish) is soft, lightweight, and wind- and water-resistant for comfortable... |
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Brooks Mens Rev LS II $38 With a new standout look and even softer fabric, this second generation piece will Rev your run to a whole new level. • Fit: Semi-fitted • Lightweight, soft, moisture-transfer mesh • Updated look and sharp fit bring style to the run • 360° of 3M™ Scotchlite™ retroreflectivityBrooks Equilibrium Fabric: Revelation (100% moisture-transfer polyester). Black/Power Red. S(M) US. |
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Brooks Mens Sherpa 2-in-1 Short 4.5 $46 We took our most popular short and gave it the support of a 2-in-1. Now even more runners can embrace the Sherpa Short. • Fit: Semi-fitted • 4½" shell inseam; 4" boxer brief inseam • Stretch woven shell moves with you • Internal supportive and chafe-resistant brief • Dual rear-holster pockets • 100% moisture-transfer liner • 360° of 3M™ Scotchlite™ retroreflectivityBrooks Equilibrium Fabric: Main Body: Essential Stretch (84% polyester/16% spandex); Liner: 100% polyester moisture-transfer crepe. Black/Power Red. S(M) US. |
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Brooks Mens Rogue Runner III Short $42 This high-performance short offers more length for runners who want to give it their all -- without baring their all. Plus, moisture-transfer mesh insets make you feel -- and look -- cooler. • Fit: Relaxed • 7" inseam • Stretch-woven moisture-transfer fabric • 100% moisture-transfer liner • Two slanted side pockets • Hidden side zip pocket holds key/I.D • Drawstring, elastic waistband with internal key/I.D. pocketBrooks Equilibrium Fabric: Main Body: 84% polyester/16% spandex; Splice: 100% moisture-transfer polyester mesh; Liner: 100% moisture-transfer polyester crepe. Black/Power Red. S(M) US. |
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Brooks Mens Sherpa Short III $40 Our most popular short is designed to carry you through even the most arduous runs. Dual holster pockets store your energy gels while relaxed fit provides full range of motion on race day or any day. • Fit: Relaxed • 4½" inseam • Stretch-woven shell moves with you as you run • 100% moisture-transfer liner • Dual rear holster fuel pockets with hook-and-loop closure store energy gels • Drawstring, elastic waistband with internal key/I.D./mad money pocketBrooks Equilibrium Fabric: Main Body: Essential Stretch (84% polyester/16% spandex); Liner: 100% polyester moisture-transfer crepe. Black/Power Red. S(M) US. |
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Brooks Womens MCM Essential Race Jacket $80 What every runner needs: a lightweight, water-resistant jacket with front-to-back retroreflectivity. Another nice touch? The zippers on the pockets have easily grabbable pulls -- even if you've got gloves on, you'll be able to open and close them. A great layering piece for spring and fall. Best of all, the jacket is richly embroidered with "Marine Corps Marathon October 30, 2011" on the front and the eagle, globe, and anchor logo on the back. You'll wear this with pride -- and you earned it. • Fit: Semi-fitted • Durable Water Repellant (DWR) coating • Front/back 3M™ Scotchlite™ retroreflectivity • Full front zip with inner storm guard and zipper garage • Adjustable drawstring waist • Back vent for added breathability • Internal moisture-proof media pocket • Two side zip pocketsBrooks ShelterFabric: Aireplex (100% polyester with DWR). Black/Red. XS(W) US. |
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Brooks Mens Infiniti Short Tight $42 An excellent choice during warmer weather, this pocketed sprinter enhances comfort and support on your run, with chafe-resistant seams, 360° of 3M™ Scotchlite™ retroreflectivity, eye-catching splices, and moisture-wicking compression fabric for better muscle control. • Fit: Fitted • 9" inseam • Moisture-transfer fabric for dry comfort • 360° of 3M™ Scotchlite™ retroreflectivity • Center back-yoke zip pocket stores gels and other essentials • Flat-locked chafe-resistant seams and inner gusset • Elastic waistband with drawstring for a secure fit • Close-to-body fitBrooks Equilibrium Fabric:Main Body: Infiniti Stretch (88% moisture-transfer polyester/12% spandex); Splice: Vapor-Dry 3D (100% textured moisture-transfer polyester). Black/Power Red. XL(M) US. |
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Brooks Mens 5 Essential Run Short $32 Like a basic, but better. With mesh insets to keep you cool all summer, and secure storage for on-the-run essentials, this simple, smart, lightweight short is up for any run, any time. • Fit: Semi-fitted • 5" inseam • Woven moisture-transfer polyester shell • 100% moisture-transfer crepe liner for dry comfort • Drawstring, elastic waistband with internal key/I.D. pocket • Secure rear zip pocket is big enough to hold a slim tri-fold walletBrooks Equilibrium Fabric: Main Body: 100% moisture-transfer polyester; Gusset and splice: 100% moisture-transfer polyester mesh; Liner: 100% moisture-transfer polyester crepe. Black/Power Red. S(M) US. |


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