I wrote a somewhat long-winded comment on this topic a while back, you may find it useful: https://news.ycombinator.com/item?id=6832589 https://news.ycombinato

I wrote a somewhat long-winded comment on this topic a while back, you may find it useful: https://news.ycombinator.com/item?id=6832589 https://news.ycombinator.com/item?id=6832589 The tl;dr version of it is: Risk management, specifically position sizing, is commonly neglected and yet extremely important. Psychology is everything, regardless of whatever your approach may be.