Memes

Investment speculation is nothing more than probability judgment/position management/buying and selling decisions.

Whether you are value investing, in years; or meme-chasing, in minutes.

The essence of profit and loss is,

First, whether you can make an objective and accurate judgment on probability;

Second, whether you can reasonably control position management and risk;

Third, whether you can wait patiently for a certain probability before taking action.

No matter how awesome or experienced you are, the probability that suits you is random and uncontrollable.