@juniorokpe
3/5
Every system experiences drawdowns and losing streaks.
They are an inevitable part of probability and statistics.
No matter how robust your system’s edge, losing streaks cannot be avoided.
This means if you cannot accept drawdowns, feel the urge to change something, conclude the system has no edge, and fail to maintain consistency—you will never find a system with an edge, and your capital will continue to decline indefinitely.
Why? Because no matter how much edge the system truly has, you will always doubt it during drawdowns and abandon it—consistently at the worst possible time—before you ever realize the profits that would have exceeded the losses.
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