
杀破狼 WolfyXBT|May 27, 2025 10:53
Share some of my views on 'unable to produce capital'
From a mathematical perspective, 'not being able to invest' does not actually affect the expected value of our overall investment strategy. The operation of investing is more about making us psychologically more comfortable during the investment process, because the frequency of losses will decrease, and we will be psychologically more comfortable because humans have a 'loss aversion', but we also sacrifice our greater profits when making profits.
So the essence of Meme trading is a part of "emotional management", not a part of "investment strategy". I think only "when to enter" and "when to exit" will affect the expected value of our overall investment strategy.
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