MSTR Stock Trade Review (Or How to Gain 257.42% in 2 Months)
Because the future is uncertain and unpredictable, market participants must understand that only some trades will work out in their favor. That said, savvy investors understand that if they can cut their losers and catch a few winners, the straightforward math behind successful investing will work in their favor in the long run. Billionaire investing legend Paul Tudor Jones said it best when describing his reward-to-risk ratio:
PTJ on his 5/1 risk/reward protocol:
“Five to one means I’m risking one dollar to make five. What five to one does is allow you to have a hit ratio of 20%. I can actually be a complete imbecile. I can be wrong 80% of the time, and I’m still not going to lose.” ~Paul Tudor Jones
In other words,…
