
My Life in 4 Trades - Michael Gayed Talks About How To Learn From Your Losses
Real Vision: Finance & Investing
00:00
Is There a Normal Distribution?
Investing anything as tactical from the standpoint of multiple role of the die. You can be wrong consistently, and then very suddenly have a massof right trade yet that makes up for all the time you've lostits. I'm a big fan of noseme hallo above the black swan, and he said something which really resinates with me. Nothing in a chaotic system can perfectly model the chaotic system. And life is not a normal distribution. So ye've got two systems kind ofo echoing each other. It's like here i am trying to try to avoid tals, and i know it doesn't work. Goes back to sizing your back to live in every single extreme period
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