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by donavanm
566 days ago
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Ive heard many variations of this along the lines of pennies and steam rollers. Yes, you have to have positive EV across the strategy. And just about everyone makes money when times are good, or theres volatility that matches your strategy, or your pods null out a bunch of factors. But to survive long term you have to _not fail_ in a very repeatable and consistent manner. Long term success is risk and downside management. |
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