Gentle Reminder That After 50% Loss, You'll Need 100% Gain To Breakeven. Similarly, 90% Loss Needs 900% To Breakeven!

Many people here don't seem to understand when they say it dropped 20% yesterday and fully recovered the next day with 20% gain. No, it's not. The market is asymmetric. After a 20% loss, you need 25% gain to get breakeven. It gets exponentially worse as you lose more % too.10% loss needs 11% gain.50% loss needs 100% gain.80% loss needs 500% gain.90% loss needs 900% gain.And after 90% it gets even worse; 99% loss needs 9,800% gain to break even.The market is asymmetrical.Keep that in mind.

Submitted November 26, 2021 at 10:55AM