That time when I was in college life, I used to stay in hostel and I getting know 1 person that very good in gambling football. I remember clearly that time was world cup, and this fella I forgot how many times he wins the bet a roll, he was really did win till 2k++ in that period. Bear in mind that 1 match he really bet for 50-100 and the max was only 200 and he can win that much, it consider a very impressive record. So I try to ask what make him winning so much,
because betting in football is just like a 50:50 chances game, plus u needs to pay to the broker for maybe 10% of commission once u win. He say he was doing a lot of market research analysis and compare every comment for those popular website and go for that team that stand higher chances of winning rate.
Old people likes to have this quote, “when u winning too much, u have to stop, nothing was permanent, or else u going to lose what had u earn together with your original capital”. And this statement was so true and it did happen to my friends as well. After a while, when he getting win more and more, he tends to gamble bigger than before and up to 500 per match . Sometimes he even bet few matches together in 1 night and the bet size can up to few k. So what happen to my friend? I don’t know the exactly amount he was losing, but I just know cause of losing too much in gambling football, he start to ignore his study until he failed a lot of subjects in the exam. Gambling was good, it can push a person to the sky limit and let u feel how successful u are; at the same time, it can crush everything little thing that u build up, and in the end u will not get nothing at all.
So what I trying to say in here is that there is a similarity between gambling in football and investing in futures. Futures were a 50:50 game and it either goes up or goes down only. But futures it consider worst than football in the sense that u have to pay commission no matter u win or lose, on the other hand. u have to pay if u win in a football match only. So the main issue to survive in futures markets is not only have to follow to right side, u have to think a way to cover your commission as well so that it will not stopping u from survive in the long run. If I compare with my friend, actually I am in a same situation with him. I am exactly like him, win a lot at first and very confident with the market research I did. With the consistency that I achieve, I keep adding more and more lots in my investment portfolio until I meet a greatest sideways ever and I lose what I earn in a very short time only.
So what I want to know is that futures really a market that same with gambling football? So when u keep winning, u have to stop, or else u going to lose everything? If let’s say futures market was a different market from football gambling, what I have to do in order to prevent the same thing happen again? In fact I still looking for answer….
because betting in football is just like a 50:50 chances game, plus u needs to pay to the broker for maybe 10% of commission once u win. He say he was doing a lot of market research analysis and compare every comment for those popular website and go for that team that stand higher chances of winning rate.
Old people likes to have this quote, “when u winning too much, u have to stop, nothing was permanent, or else u going to lose what had u earn together with your original capital”. And this statement was so true and it did happen to my friends as well. After a while, when he getting win more and more, he tends to gamble bigger than before and up to 500 per match . Sometimes he even bet few matches together in 1 night and the bet size can up to few k. So what happen to my friend? I don’t know the exactly amount he was losing, but I just know cause of losing too much in gambling football, he start to ignore his study until he failed a lot of subjects in the exam. Gambling was good, it can push a person to the sky limit and let u feel how successful u are; at the same time, it can crush everything little thing that u build up, and in the end u will not get nothing at all.
So what I trying to say in here is that there is a similarity between gambling in football and investing in futures. Futures were a 50:50 game and it either goes up or goes down only. But futures it consider worst than football in the sense that u have to pay commission no matter u win or lose, on the other hand. u have to pay if u win in a football match only. So the main issue to survive in futures markets is not only have to follow to right side, u have to think a way to cover your commission as well so that it will not stopping u from survive in the long run. If I compare with my friend, actually I am in a same situation with him. I am exactly like him, win a lot at first and very confident with the market research I did. With the consistency that I achieve, I keep adding more and more lots in my investment portfolio until I meet a greatest sideways ever and I lose what I earn in a very short time only.
So what I want to know is that futures really a market that same with gambling football? So when u keep winning, u have to stop, or else u going to lose everything? If let’s say futures market was a different market from football gambling, what I have to do in order to prevent the same thing happen again? In fact I still looking for answer….
http://pokersiteworld.com Well, this is very interesting indeed. Would love to read a little more of this. Good post. Thanks for the heads-up.
ReplyDelete