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Showing posts with the label ladder game

Just my thoughts #0582

When a stock is bought, its fate is already decided. The next step is to wait and sell. In the meantime, there is nothing I can do. If I buy a stock and claim that I can do something with it, that means I’m committing a stock manipulation crime. Either wait patiently or don’t tolerate it; sell the stocks. That’s all we can do with stocks after purchasing them. Therefore, patience is as critical an asset as judgment. - Joseph’s “just my thoughts”

Just my thoughts #0116

We often play ladder games when betting. If you want to win, you can choose the option as far as possible from the marked “tagger”. If the “tagger” is displayed on the middle option, the most likely chance of not getting caught is when selecting the option at both ends. If you have a tag on one end, you can avoid the tag by choosing the other side end option. This is because the probability of winning a ladder game follows the “normal distribution” model. - Joseph’s “just my thoughts”