The simplest formula to remember is "10% +2" ie ten percent of the
leader's pipcount plus two pips. For example, if I'm leading 70 pips to
79 pips, I'm at 10% +2. Round up if 10% +2 is not a whole number.
10% +2 is the trailers point of last take. If you're more behind than
10% +2, then drop, if you're less behind than 10% +2, it's a take.
The leader should double when he's within three pips of 10% +2, and
should redouble when he's within two pips of 10% +2.
For example, if I'm at 70 pips, the 10% +2 is 79. If you have 79 pips
it's barely a take. More than that it's a drop. Less than that it's a
take. I should double if you have 76 pips or more and redouble if you
have 77 or more.
10% +2 is known as the Trice number.
It's applicable at pipconts of 62 or more.
Below 62 pips, the Trice number is calculated by (pipcount-5)/7 rounding up as needed. Use the same criteria to arrive at the double take decision.
You can refine it further by using effective pipcount instead of the
simple pipcount.
Showing posts with label Doubling. Show all posts
Showing posts with label Doubling. Show all posts
Wednesday, March 9, 2011
Subscribe to:
Posts (Atom)