Trial and error is the best life strategy
When you genuinely accept the risks, you will be at peace with any outcome.
— Mark Douglas“It is common sense to take a method and try it. If it fails, admit it frankly and try another. But above all, try something.”
― Looking Forward
― Looking Forward
“This is not a new idea; this is the idea of the age of reason. This is the philosophy that guided the men that made the democracy that we live under. The idea that no one really knew how to run a government led to the idea that we should arrange a system by which new ideas could be developed, tried out, and tossed out if necessary, with more new ideas brought in—a trial and error system.”
― What Do You Care What Other People Think?
― What Do You Care What Other People Think?
If you have a stop loss you can do anything. the stop loss is more important than the signal. You can do whatever you want in life. You can live with whoever you want, buy houses, stocks Funds, coins, cryptos, paints etc...
Of course if there are big transaction costs that is less desirable but it works all the same.
Trial and error is the best life strategy
not trying is dumb.
Trying and not execute the strategy or giving up before you see the results is equally dumb.
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