Some truths are only understood after you’ve lost.
In the lesson about the Kelly formula, it explains a principle: the optimal position size calculated by the Kelly formula is usually much smaller than what you dare to place. And it has a prerequisite: you must know your win rate. Most people don’t even know what their win rate is, yet they still dare to open 5x leverage.
Take today’s $BTC as an example: right now it’s 80,867, 24h +5.33%. This kind of market movement perfectly confirms the idea above. It’s not coincidence—it's human nature repeating itself in the market.
The market won’t hold back just because you understand the truth.
Holding onto some ammo is stronger than anything.
#BTC #投资哲学 #交易心态 #crypto
In the lesson about the Kelly formula, it explains a principle: the optimal position size calculated by the Kelly formula is usually much smaller than what you dare to place. And it has a prerequisite: you must know your win rate. Most people don’t even know what their win rate is, yet they still dare to open 5x leverage.
Take today’s $BTC as an example: right now it’s 80,867, 24h +5.33%. This kind of market movement perfectly confirms the idea above. It’s not coincidence—it's human nature repeating itself in the market.
The market won’t hold back just because you understand the truth.
Holding onto some ammo is stronger than anything.
#BTC #投资哲学 #交易心态 #crypto