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Mathematics vs Ego
It doesn't matter how many times you are right, it matters how much you win when you are right and how much you lose when you are wrong.
A risk-reward ratio of 1 to 3 allows you to lose half of your trades and still finish the month in the green.
The novice trader wants to be right all the time; the professional just wants the math to work in their favor.
Leave the ego at the door and focus on positive expected value.
#GestiónDeRiesgo #trading #Matematicas #Rentabilidad
It doesn't matter how many times you are right, it matters how much you win when you are right and how much you lose when you are wrong.
A risk-reward ratio of 1 to 3 allows you to lose half of your trades and still finish the month in the green.
The novice trader wants to be right all the time; the professional just wants the math to work in their favor.
Leave the ego at the door and focus on positive expected value.
#GestiónDeRiesgo #trading #Matematicas #Rentabilidad
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The Unitary Bias
Stop asking if such a coin will reach 1 dollar just because it costs cents
You have to look at the market capitalization. For some memecoins to reach 1 dollar, they would need more money than the entire GDP of the United States combined
Learn basic mathematics before investing your money in impossible projects just because they look "cheap"
#Matematicas #MarketCap #educacion #Inversion $ETH
Stop asking if such a coin will reach 1 dollar just because it costs cents
You have to look at the market capitalization. For some memecoins to reach 1 dollar, they would need more money than the entire GDP of the United States combined
Learn basic mathematics before investing your money in impossible projects just because they look "cheap"
#Matematicas #MarketCap #educacion #Inversion $ETH
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