Position management is the best way to deal with uncertainty

Position management is the best way to deal with uncertainty

Position management is the best way to deal with uncertainty

High uncertainty can only allow small positions

Only high certainty can allow heavy positions

Based on the above principles, the optimal strategy should be to use a large portion as the main allocation to ensure returns with a lower limit, under this premise, a part of the small positions can be used to speculate on some high odds opportunities to strive for increased upper returns. I have been advocating this view for at least 2 years. If you have not followed or have not done this, you have already made a mistake. Therefore, what is most taboo at this stage is the frequent all-in jumping in and out of positions, it is most important to patiently wait and avoid compounding mistakes.