How to Overcome Losses in the Markets

If you're going to be right three or four times out of 10 in the markets, which you can do very, very well with that type of ratio. When you're right, you need to make sure the reward is heavily in your favor to overcome those losses. I talk about Mike Trout, who's the best baseball player, you know, arguably in the world. And how often is he right versus wrong right so he gets on base roughly 40% of the time, be as batting average,. You know, walks, etc. That means he goes to the dugout 60% of thetime wrong.