I don't understand what you thought I meant, but what I meant and what I was responding to is what's above.
Anyway let's all hope we do better than worst case scenario statistics. Good luck to you.
Bramble, Henry - I am no genius and I didn't make this up. This is a basic point of William O'Neill (Investor's Business Daily). Of course he doesn't advocate tossing a coin, he's all about how to pick them, but the point is with good money management, even tossing a coin to pick stocks would...
In answer to the question of would you bet on a coin toss, you absolutely could trade very profitably on coin tosses. If only 50% of your trades were winning trades, you could make a lot of money. You would have tight stops on all the trades. The losers would stop out, the winners would keep...