In trading, there are always a multitude of possibilities.
When you consider the scenarios where you're wrong - then you'll no longer overleverage because the possibility of a certainty is dissolved and all you're left with is a probability.
Despite how "high probability" something may be, by default, there is a "low probability" that it does not happen - thus the desire to overleverage should dissipate in most rational individuals.
- Bryan, 2021.
When you consider the scenarios where you're wrong - then you'll no longer overleverage because the possibility of a certainty is dissolved and all you're left with is a probability.
Despite how "high probability" something may be, by default, there is a "low probability" that it does not happen - thus the desire to overleverage should dissipate in most rational individuals.
- Bryan, 2021.
In business:
You need capital.
You got expenses to cover.
You don't expect to succeed from day one.
You need some time before you make a profit.
Trading is a business—so treat it as one.
"Rayner Teo"
You need capital.
You got expenses to cover.
You don't expect to succeed from day one.
You need some time before you make a profit.
Trading is a business—so treat it as one.
"Rayner Teo"
