Not in mine. It’s just an estimate. Not everyone can sell at the top. Especially if we’re trading shitcoins. Market capitalization means nothing. And what if we’re unable to sell anymore ?
OK, and I'm removing all nuance to keep it short. But you'd agree you don't get to realise any p/l till you sell. That's when the transfer takes place. that's why liquidity is so important. edit >> sekiyo exactly
Ofcourse it's just an estimate, but it is still an estimate of additional wealth. And estimate doesn't mean completely wrong either. And obviously you want to diversify into different asset types so your unrealised wealth is also diversified.
Good Morning MarkBrown, Losses is my friend. Wins is my friend. However, Probability is my best friend.
Good Morning Sekiyo, I am sorry, I do not understand your question. I do not know what expectancy means. Can you ask me your question again please?
Hello Sekiyo, I do not know all fancy stuff and technical terms, that is too much work and thinking. I click buy button and sell button, and make sure the account balance shows Green by 3pm central. And the equity curve is 45 degrees day to day! If the equity curve is not showing 45 degrees day to day, week to week, month to month, how does expectancy help me. I need money, fancy words.
Good Morning Frederick Foresight, I am not sure what you mean. I have dedicated my life to three things ONLY: 1. Having an Extreme Amount of Fun 2. Getting Rich, Very Quickly 3. Getting Rich, Very Slowly