Quote from: l3pox on Today at 12:00:06 PM

Quote from: Mr.sprin on March 13, 2025, 08:24:14 PM

Quote from: l3pox on March 11, 2025, 08:53:38 PM

this is the thing
having a minimum accepted drawdown before you stop is a risk management + surviving strategy that is good to have too
the thing is that most don't manage their risk properly, they just go with the flow and don't really respect their money, maybe because it wasn't hard earned...
I don't know

That is the result of us being too ambitious to return previous losses, we can only take victory when we are playing, never hope to be able to return previous losses which in the end we will continue to lose because we are wrong in taking a strategy, the risk in gambling is certain so we must be ready to accept all the risks, don't let it be when we are in victory we forget about the losses that are waiting for us, so we must prepare ourselves to be able to accept all the risks that occur, because the capital we spend is not a little so never underestimate the capital we have spent, don't let us waste money because we are easy to find the capital itself, stay in a controlled situation and be careful.

true, like revenge trading but revenge gambling this time
some people will stick to their ideas of how reality should be and lose because of that
others will be able to use their views and shape reality in a different way and form, but this is much harder to do and much rarer to find.

approaching things in a probabilistic way helps a lot.

People never see bets as something they can be calm about, the fact of having a bet in itself already makes them nervous, then we know gamblers as people who don't know how to stop even when there is an interesting amount at stake