• ooli@lemmy.worldOP
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    1 year ago

    trying to time the market is errand fool. Money management is everything IMO. If you only lose 5% when you lose and win 20% when you win, you’ll end up on top… eventually

    • hark@lemmy.world
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      1 year ago

      Good luck determining the chances on those, especially with shorting which is entirely timing-dependent. If you only lose 5% but it’s 99% of the time and you win 20% but it’s 1% of the time, you still lose.