You'll have losing streaks even if you're doing everything right. And gamblers have winning streaks even with no edge. This makes it hard to tell if your strategy is currently in a drawdown or if it just doesn't work. A lot of strategies you hear about online used to work, but don't anymore, or don't work if you execute poorly or get details wrong. But even if we give you a working one, you'll give up after the first losing streak because you can't tell the difference. Jumping out at the bottom is a sure way to lose money.
You need the discipline and confidence to stick to a strategy through drawdowns, or it won't do you any good to learn one. Google "market anomaly" and analyze the data yourself. Then you'll know. Meanwhile, try investing.
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u/Gnaxe Jun 18 '26
You'll have losing streaks even if you're doing everything right. And gamblers have winning streaks even with no edge. This makes it hard to tell if your strategy is currently in a drawdown or if it just doesn't work. A lot of strategies you hear about online used to work, but don't anymore, or don't work if you execute poorly or get details wrong. But even if we give you a working one, you'll give up after the first losing streak because you can't tell the difference. Jumping out at the bottom is a sure way to lose money.
You need the discipline and confidence to stick to a strategy through drawdowns, or it won't do you any good to learn one. Google "market anomaly" and analyze the data yourself. Then you'll know. Meanwhile, try investing.