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Profit taking money management,psychology problem. When to stop bet for profit t

Started by RouletteRoy, April 30, 2010, 02:00:15 PM

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RouletteRoy

DearAll,

Just want to share with you, every time you have a roulette game, you have credit ahead from what you put in .

Say you put in 300$ and accumulate to 450$.

This is process, important is how much you bring out when u quit from Casino.

Make this a habit for following rule

(1) Set daily lost limit,once arrive , quit, best thing is bring only money u afford to lost per day
(2) When 300$ to 400$, make reserve, say 375$ minimum bring back, anything drop below $375 again, quit bell ringing, go back buddy. if you hit 2nd high, set another limit.

Best way is 300/20 section. or put in $15 each spin (wait, this can be maximum lost per spin, this is different, you can put in 60$ per spin but maximum lost is 17 usd per spin, tell me how u going to achieve it?)
time, once the total capital raise by $20 dollar, quit (again here is one probblem, how many people will ask what about lost more than that before earn profit happen? this is real case, tell me what u will do in this case?


total profit become 30-40$, cash out all and never use that money.then for 10 time u do that, u win 100-200$ per day.This is clear mind and more safe than put 300$ one shot on one die and life bet. never risk that, that is stupid, the wheel like to eat them all...give yourself some opportunity. do not have high expectation. when 200$ bring 900$, do not greedy to aim for 1000$, to do that may cost all the 900$ gone,.is better reserve 850$ and put it aside. nothing is forever good luck, remember.


(3)Never play untill finish money, even there is 1 dollar, cash out and stop the game, this train your mind for"nothing is too big or too small" policy and behavior deal.
if you aford to lost 300$ per day, cash in 301$ and on very bad day, bring back $1 dollar, never disapointed and bet all for 100% lost.

Mindset training
if you aim for win 200$ and continue lost for 10 day=Lost 2000$
if you aim for 30$per day and continue win for 20 day, which one easier=win 600$?
for win , nothing is too small count, for lost nothing too big is possible,
so satisfied with small win, dun bet and cause big lost due to it "seem easy"....dun fool yourself without reserve above for protection.

which result you "choose" to use and discipline yourself, do not greedy?

So Buddy, set target to win 20$ on every day (which happen every day) One more tipe here, make sure you have some bet that if win will break even for the whole section. Mean if your total lost accumulate 36 usd, and you want to win 50 usd per day, than your bet should have something that win 1.5 steak =$54 win than your break even point. example, you lost 36$, then next bet your total bet say is 72 unit, then in betweeen of it at least 6 number to be USD3.5 uunit. once u hit the 3.5 unit, you get 124 minus 72 invested, you win $50, miussion done.
)if you get right method to achieve that, do not change it.
99% of people lost because they not stop at small win for the day, they aim for target that ruin all their money before they achieve 40% of their high target


lommelaartje

Quote
So Buddy, set target to win 20$ on every day .if you get right method to achieve that, do not change it.
99% of people lost because they not stop at small win for the day, they aim for target that ruin all their money before they achieve 40% of their high target

Exactly, you're totally right! 
Thanks for this useful post, keep up the good work. :good:

samcrime786

Hi,
This Process important is how much you bring. You can Set daily lost limit and once arrive.  Best thing is bring only money u afford to lost per day.



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