this post was submitted on 03 Sep 2023
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Wallstreet Bets
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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
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.