--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/40158550.md" description: "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." datetime: "2026-04-24T02:56:54.000Z" locales: - [en](https://longbridge.com/en/topics/40158550.md) - [zh-CN](https://longbridge.com/zh-CN/topics/40158550.md) - [zh-HK](https://longbridge.com/zh-HK/topics/40158550.md) author: "[長野原烟花店交易员](https://longbridge.com/en/profiles/13857406.md)" --- # If you really have enough principal, you don't nee… ### Related Stocks - [01810.HK](https://longbridge.com/en/quote/01810.HK.md) - [81810.HK](https://longbridge.com/en/quote/81810.HK.md) - [HXXD.SG](https://longbridge.com/en/quote/HXXD.SG.md) - [XIACY.US](https://longbridge.com/en/quote/XIACY.US.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [80700.HK](https://longbridge.com/en/quote/80700.HK.md) - [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md) - [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) ## Comments (2) - **Macintosh Lee · 2026-04-24T05:05:55.000Z**: My priority is self-preservation, so I've always maintained a high cash allocation. Before and after the US-Israel conflict, I only reduced the cash in my portfolio from 50% to 40%. Given the volatility in the US market, I only used 10% of my cash to buy some stocks to play with, not daring to be to - **Macintosh Lee · 2026-04-24T05:04:36.000Z**: Bought a couple of US military-industrial stocks last night, the cash ratio is a bit lower now