"Zero Bug Mind: The Peak of Investment Psychology that Rewrites Instinct" Chapter 4: Ruinous Lot Sizing — There is no management where there is no "method superiority"
Chapter 4: Destruction of Lot Management — Where There Is No “Edge”, There Is No Management
Lot Management Without an Edge Is Nothing More Than “Death Delayed”
Many traders cling to the illusion that “as long as money management is perfect, you will win,” but this is a fatal error. No matter how strictly you manage lot sizes with a method that has no edge, if the expected value is negative, the result will be “slowly and surely losing your assets.”
If the method is bad, the problem is before the lot management. Lot management is only a prerequisite for keeping a good method functioning in the market; without the method’s own edge, it’s just a form of “death delayed,” slowing the speed of ruin.