Stocks have a 50% of going up and a 50% chance of going down.

Same bullshit at a casino. Yeah, in theory you can double your bet until you're ahead. But the casino just has to bust you once and you are fucked. I guarantee there pockets are deeper than yours.

Generally, though, it's not a 50-50 shot with stocks. Examine your premise and backtest.

Report back tomorrow with your results, I'd be curious to know.

But also remember that it's not like a casino, you only lose if you sell. So martingales don't work exactly the same

thats not how math works dude

>>1559581

Yeah sure, 50-50. You have a 50-50 chance to win the lottery too. You either win or you don't, right?

>he thinks probability is always 50/50

Please don't invest anon before you read a single book

>>1559581
>>1559766
>>1559777

Please do not discourage this moron. Some of us rely on retail investors as an indicator of market valuation.

>>1559749
>you only lose if you sell
Lol.
Or when the stock goes to zero.

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>>1559581
I do it like this.
Find biz shill stock
Research
Buy in with only 20% of investment money.
If it continues down I buy another 20%
If it dips again I usually wait then put in another 40%

Now I wait for a moon mission or a small profit. The other 20% doesn't get invested. It's for emergency moon mission speculation or pull out recovery funds.

And that's just for a budget on 1 stock. I normally have other budgets and stocks going on too.

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>>1559581
>Stocks have a 50% of going up and a 50% chance of going down.

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>>1559749
>you only lose if you sell