I am most certainly a noob who just invested all my money in pirate.

The lesson to learn here, then, and the first step to leave your "noobness" behind would be:

Quote from: absolute truism, but never said enough

Never put ALL your anything in any single place.

Edit: Ok, I'm just realizing the sarcasm... Cheesy

Anyway, the post stands, addressed to the real noobs out there... Wink

The mathematical expression of this simple truth is the Kelly criterion.