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If you're just as likely to be right as wrong, then is the only risk that your money is taken by fees (if you don't count your time as wasted)?


Nope. Because if you are wrong once and lose 50% you need to be right by 100% to get back to even. So after a number of losses you will run out of money ever if your subsequent picks will be right. Unless you have a rich dad who gives you another chance...




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