Hello Again
In regards to Money management, although we are trying to be the best traders in the world some times the markets work in their on way there might be injuries as well that is out of your control. Therefore you should know that the money that you put in just like the stock market you might lose it, thats why when I recommend to people I am telling them start with an amount you are willing to lose, without the need to get into Trouble (by selling your self).
In Regards to money management into different games you again have to split your “money in the account into different strategy” I recommend to start with 10% of your money on games and to go up to 20% while averaging your odds. According to my recommendation the player has to decide when to invest in many cases it’s wrong to bet at the start. Also the 10% that you might add during the game has to be split into at least 2 to have the option of averaging correct and not panicking.
People with either low knowledge in trading or luck of knowledge in the Betfaria (the place where the bringing takes place) or any other sports bookie don’t get the option to bet during the game or odds are just low during the game. I recommend to use the Betfaria as a bookie please don’t forget the refer and earn my code is on the right hand side ( a new comer is welcome to show his support).
Regards,
Bigbaba
bitcoin betting and exchange site
Wednesday, August 22, 2007
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2 comments:
So, if I have understood your proposal system correctly, I should bet 10% of my bankroll in a single trade and have another 10% ready for any issue that could happen...
I think that 10% it's a very high level of risk. I have been told that one shouldn't bet more than 2-5% for each pick.
What do you think? Why do you bet 10-20% of your bank in a single trade? if you have just 5 failed trades.... ooops, you could just have 50% of your initial bank. I see it too risky...
no you got him wrong
deposit up to 5% of
your monthly pay check
into betfair
from the betfair account
bet on 10% top on a single bet
and be prepered to spend another 10% to avrege the price if the game goes wrong way
the max loss will be 20% of your betfair account or 1% of your
monthly income in a single bet
and this is just right. becuse
if you lose 5 time in a row it's enough for one month stop betting and relex.
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