If you really have enough principal, you don't need to speculate in stocks. The doubling-down method's win rate seems to approach 100% infinitely, but the odds also approach 1.00000 infinitely.
Betting 9 times to lose and win on the 10th, without any fees/commissions, is essentially using 1023 to win 1024, making the odds meaningless, not to mention casinos also have commissions, waiter tips, etc.
I don't believe gambling alone can lead to consistent long-term wins, and "enough" principal is meaningless in this context.
In terms of cost-effectiveness compared to global stock markets, Hong Kong stocks are high.
At this stage, it's unclear where the Hong Kong stock market stands.
Under the capital siphoning effect of Japan and South Korea, Hong Kong stocks are undervalued, but it's also unknown when the capital will flow back.
In casinos, there's a type of game called a '屠龙局' (dragon-slaying game). Its essence is betting on big or small. Seeing that big or small has come up for seven consecutive rounds, starting from the eighth round, you bet against the trend, doubling your bet each round until you 'gank' the dragon.
The stock market is essentially a casino, but it's also different. Using the dragon-slaying method in a pot that never empties will always lead to winning.
Of course, the prerequisite is having sufficient capital 🤗$XIAOMI-W(01810.HK)$TENCENT(00700.HK)
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