Follow the Leader in Baccarat

Hi everyone, over the Thanksgiving weekend I came up with a baccarat betting method that I would like suggestions on. Its very simple: "Follow the leader" ie bet on whichever one the last game ie Banker or Player. Never bet on Tie.

Its an up-as-you-win progression, betting 1, 1.5, 2.

Step 1: Bet 1 unit on whoever won the last hand. If you win, go to step 2. If you lost, you are down 1 unit. Start over at Step 1.

Step 2: Bet 1.5 units on whoever won the last hand. If you win, go to Step 3. If you lost, you are down only a half unit. Start over at Step 1.

Step 3: Bet 2 units on whoever won the last hand. If you win, you are up 4.5 units, go home or start over at Step 1. If you lose, you are still up by half a unit, either start over or go home. Set a Stop Win/Stop Loss goal and adhere to it, I recomend leving when you are up by $100 or when you are down by $50...or, if you are playing in $30 units, leave after winning the above 3 steps 1 time ($135) or leave when you are down by 3 units ($90) that way you always have less of a loss on a day as opposed to winning days, (minus 5% banker commission and tokes to the LIVE dealer).