SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : P&S and STO Death Blow's

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mongo- who wrote (30294)7/2/2003 7:37:51 PM
From: chowder  Read Replies (1) of 30712
 
>>> Obviously it is better to use less capital to make the same money, but that can't be helped sometimes. <<<

Using this strategy in managing money will make one a loser over the long run. The law of probability says you don't put 80 cents at risk to make 20 cents. You put 20 cents at risk to earn 80 cents.

An amateur looks to profits, a professional manages risk. Take care of risk and the profits come. Focus on profit by taking on additional risk, and one will eventually give back everything they gained.

Your dollar for dollar example increases risk exponentially.

dabum
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext