High school maths, page-44

I’ve traded for over 20 years. I build systematic trading strategies and have backtested everything under the sun.
Adding to losing positions just does not work over the long term. Sure you get a some winners. But sooner or later, you catch a ride down that never stops and you run out of money well before the bottom. Game over.
This is what has happened to the zippy boys class of 2021.

Zip may bounce very hard due to risk on in the markets. But sooner or later, the catching a falling knife strategy will cut a major artery. It’s just a matter time.