Putting the amount of budget in accordance with the ability based on many considerations is one of the approaches that you will prioritize when you want to gamble if for example you have a correct understanding of the basic concepts of gambling.
For me it's all there, in knowing when we should fix things at our own discretion, because we can go to a casino and have our money, but we know and understand that we cannot risk everything, because it is a great irresponsibility to do so, so once in In this order of ideas, things must be well framed with what fits in our budget, that is, if I have 100usd per week, I cannot have those 100usd just to play, because how could I pay my rent, my services and apart from the market, if There are small children, so you have to buy diapers, milk, vaccines, all that, so if you have an easy budget you can get 5-10usd to play men once a week with that budget, it's not bad, and it's an option that can be done Of course this may be an idea, not that it is something like that, what I am trying to say here is that the game must give its place after fulfilling our main obligations. Although it is difficult to read it but I understand the main point of what you said above that in the end yes the best approach to gambling is when we can make a decision based on considerations based on common sense and rational mindset. Prioritizing the needs of life or something more important than gambling is a mature mindset, as you said that when you get a weekly or monthly salary from your job then the main thing to do is to fulfill all the needs you need in life, such as weekly shopping for food, paying electricity or water bills and other needs such as buying things for your baby, when you are able to think like this then it means you are able to prioritize something that should be prioritized. And I'm sure if you have the right understanding of what and how gambling really is then even if for example your money runs out for all the necessities of life that make you unable to gamble then you will not mind that, and maybe you will think that there are still many other times to gamble, meaning that you know and understand that gambling is not an activity that is mandatory to do. |
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There is an unpopular opinion, that gambling every day might trigger person not to gamble in future or even stop gambling. This is kind of a feeling when you get enough of something. For example if you eat at McDonalds every day for 2-3 months, you most likely would find it tasteless, boring and be fed up with same food. Any other food will taste and attract you more. So why not such thing could happen with daily gambling? Playing one and the same games, even with random effect are much more boring than playing same games once a week or month on a long period.
But maybe I would say that it is an inappropriate analogy, this is gambling which has the element to make someone addicted or addicted, while a food, no matter how good and delicious it is if you consume it very regularly then yes of course there will be a sense of boredom which is the reason because you always feel the same taste on your tongue or you already know the taste of the food because you consume it too often. But this is gambling that will continue to run with curiosity or curiosity, and in addition involves money where everyone has the same chance of winning and also has the same possibility of losing which may be the difference in terms of amount. I think it has been proven that there is no boredom when something is done based on curiosity which ultimately makes a person enter a cycle of addiction, on the other hand I understand that not all gamblers are like that, but overall most gamblers come with hope and curiosity, and maybe the idea of "having enough" will only be able to be done by responsible gamblers who are not too focused on winning because they have a correct understanding of what gambling really is, especially in terms of risk. |
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In gambling, a certain amount of money will never come in and a certain amount of money will never go out. In the case of gambling, money can multiply within seconds, and money can be lost multiple times within seconds. In gambling, if I always plan to gamble and of course I need double the profit, then I would say that is the highest risk because instead of double the profit, you end up losing all your money. I would never risk such a large amount of money in gambling but would rather be satisfied with a small profit by gambling with a small capital. I will be satisfied with a small profit so that even if I lose my money I will not lose all my money.
No one can double his money every time in gambling. That is why gambling should be used for fun and not seriously, and if one gambles for profit he should never wait for a fixed amount. Because gambling can never give a certain amount of profit every time. so if one wins in gambling and can make some profit then one should control himself and stop gambling immediately for that day and then gamble again normally. But if one panics and continues to gamble for high profit due to greed then he loses everything and cannot come back from gambling with profit. True I think what you are saying is a true fact about gambling that anyone will not always be able to double the money they bring, I am not saying that you will always lose in gambling but what is certain is that if you gamble with the intention and purpose of earning then obviously the overall probability of losing will be greater, one of the reasons is because someone who comes with the intention and purpose of earning then they usually tend to gamble in an excessive way while on the other hand winning is nothing more than a chance, which means that you will not always be able to get. As you said that this is the reason why we are more advised to make gambling a place for fun, because when you have the intention of entertainment then there will be no expectations embedded in you on winning which in turn makes you less interested and also which will indirectly make it easier for you to stop at the right time, knowing and having the ability when to row and when to stop will only be able to have when you gamble without expectations of winning. |
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Yes if we go back to examine gambling as a whole, especially in terms of generating winnings where most of the winnings occur only because of luck then from here we can already conclude that most likely someone who is called an expert only "admits" that he is an expert in prediction but his recognition will not be "recognized" by people who have become their victims, meaning they do not have a 100% accurate strategy in terms of predicting but they have a smart strategy to deceive many people about their claims of expertise.
I think if we think using common sense and rational thinking then I think at first glance we should be able to conclude that no one can predict the outcome of gambling 100% accurately, I will believe it if you are basically someone who owns a casino or if you are the owner of the casino who really knows all the secret keys to winning gambling but if you are nothing more than an ordinary person and do not have any personal relationship with the casino then I think the idea of "experts" cannot be trusted.
And if we are talking about sports betting then yes of course I think it is still difficult to really predict accurately even if you have pretty good skills and knowledge, one of the reasons is because there are still many possibilities that can happen on the field unexpectedly such as the team you bet on having a red card that makes the opposing team superior in terms of the number of players which obviously there is a big possibility of the opposing team to win and the team you bet on losing, so of course the conclusion is that it is better to bet your own way because maybe you have better luck than the experts.
A nice scenario is the football game you explained above, not all players or gamblers would be capable of dealing with the analysis of a game successfully. However, a team at a disadvantage in the form of good players may lose out on a game. But, with the help of a guide to a player who isn't seriously involved in reviewing football games, he could figure out that a team isn't in complete form to win against their opponent. A gambler should spend time with other players and learn ideas for analyzing games like football. Aside from an aid or guide, they'll be able to help deal with creating their predictions with confidence. The problem is a lack of confidence. The main reason they run to a self-proclaimed expert for help. A naive gambler loses his control the moment he faces the casino. With lesser skills to make the right decision in a game. Their option will increase the moment someone convinces them to help for a cut on their money. Gambling experts are not meant to bother themselves looking out for other players to issue out their predictions to, since they're experts, they're meant to be consistently winning and making profits. These are some thoughts gamblers should have in mind before subscribing to those experts. Why are they not winning enough for themselves? Yes this is why we often say that in gambling it will not be possible for someone to analyze the game 100% accurately, because as I said above that there are always unexpected things that can happen on the field when the match is already running which is the reason why I prefer you or anyone to bet in their own way and their own predictions. On the other hand, in my opinion, even if you study certain ideas that lead to the goal of knowing exactly about the outcome of the match by spending a lot of time studying it, in my opinion, in the end we still cannot be sure that the results will be completely in accordance with our predictions or analysis, it can happen because of something unexpected that happens on the field that may reverse the situation. When someone hears that there are people who say that they are experts in terms of betting predictions then most likely at first glance maybe the person will immediately put trust in the expert, but if for example you return to using a healthy mindset and a rational point of view then you should not easily believe the words of those who say they are experts. But on the other hand, it does not mean that it is impossible that they will use the services of experts when gambling, and this can happen when someone is dominated by emotions so that they make decisions based on desperation due to defeat in the previous session, which in the end maybe they will take shortcuts without any consideration and put their trust in experts by putting money at stake. |
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I quite agree with what you say, because some of the older professional traders I have met have changed their direction to become just investors or opened trading classes with their experience to be able to earn money. They say that they are old enough, so they cannot spend long in front of the monitor monitoring market movements. Or they are old and spending more time at home with their family is much more enjoyable for them. That makes sense seeing as how trading is actually quite stressful and takes up a person's time and attention - even though there are some people who say that trading can be fun, I think it's just a lie to attract more people to trading.
Yes that's right, as time goes by a person gets older and when a person enters the elderly phase there will be a decrease in thinking power and memory in their mind which means that obviously this reduction in ability can make it very difficult for them in terms of trading to find daily or weekly profits that they have planned, therefore I think I will agree with the idea that most traders will start to retire from their trading involvement when they have entered the elderly phase. Another reason as you said is that when they are old then they will not be able to last long to be in front of the monitor to monitor market movements or analyze which is another thing is the reduction of thinking power due to the age factor can make them have a high probability of making a wrong decision which ultimately leads them to losses, on the other hand of course trading is quite stressful especially when we see market fluctuations that make us feel significant worries in the mind and the scenario is full of pressure, and honestly I can't claim that trading is fun because after all the possibility of risk will continue to lurk someone when running a session. |
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to be fair investing can't be done without chunk of money unused on your bank account, so the way is saving and then investing, but by doing saving only and not investing we must be ready to sacrifice some of our money to be eaten by inflation at first some people would try to spare their money of inflation through investment and they eventually find out that there are other investment option out there that are not just sparing from inflation but can also grow the money significantly then they change their position on that investment.
saving is not wrong either, considering that investment usually also have the risk that could potentially make our effort of making money turned into losing money instead, some people might not favour investment exactly because of that, they just don't want to risk their money in return of opportunity to grow it, but just be ready for the money to be rather stagnating in value consequentially.
Well, basically, both are very important. I can't even choose one because they are both really important. However, some people sometimes save without investing, and some people invest without saving. I think something like that can be done, but it's not optimal. However, if we only save, then in the future, after we lose our job or go bankrupt, saving can be a lifesaver, but when that savings runs out, then life may become difficult after that. Apart from that, if we only think about investing without saving, we could sell the assets we own when we need money in the future, because we don't really have savings. So, these two things need to be equally important. True both are indeed very useful because it does lead to almost the same goal which is to minimize the possibility that is not wanted someday like saving which is made as a budget to minimize something that is not wanted unexpectedly which forces us to spend some money to overcome the problem, and also for investment problems of course the goal is to generate profits in the future that will be able to improve the financial situation of our lives. But as you said that people sometimes only do one of them and in my opinion more people only save without investing than investing without saving because not everyone knows about what investment is and how to invest, and also not everyone really believes in the benefits generated from investment so that makes them prefer to save. On the other hand after reading your review I can conclude that these two things are indeed very important to support the cost of living in the future by running both simultaneously, namely saving and investing, but I think not everyone is able to do both at once because not everyone has a good income in his life so maybe they don't even do both things because of the income factor that is only enough to meet the needs of daily life. |
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Yes indeed, most gamblers who are aiming for fun they wanted to work on to prolong their gambling participations, they not aiming to go all in as the fun and excitement stops when the pick that they choose loss, unlike with strategy type of gambling where you are aiming to anticipate what will be the next outcome and count that times or work on the advantages of any teams or players who can dominate the outcome of the game.
When there is a problem in the casino , many things can be done, when you lose your luck if you feel bad, what is the point of this ? win no matter what, because that's why we go to the Casino to win money, if you go to the casino just to have fun, I don't think you'll spend a lot of money on fun and there are other things that you can have a lot of fun for less money, the casino is fun. For the Millionaires , if they spend the money it will not affect them, but the smaller Players must take care of the money all the time and we must do things so that it works for us when we Play , but Suddenly go play in a Casino with all the money we have just to earn Double because that is something that Should not be done , unless the economic Possibilities of the people are Very high. I agree with your statement regarding to those rich people who are just playing to earn some fun and to kill some boredome well they are capable of risking some money and allow that to let go after, while for those people who are not that rich it's needed to take care of your finances, like what you mentioned, it's more on winning and increasing your bankroll, though because of that adrenaline they are trying to go all in and find that luck to back them up. But most of the time, they are just ending up losing their money as they keep pushing and keep repeating that same mistake. Well I also agree with that, or I mean I agree that most likely the rich come and get involved with the purpose of just having fun when they are having a boring free time, the reason why they don't come with the purpose of making money? I think it is quite reasonable that the rich already have a good financial situation in their lives and they already have a powerful way in terms of making money so that it can make them rich, and this is the reason why I believe and indeed quite reasonable that most likely the rich come just to relieve boredom in the midst of the busy business they run. On the contrary, it is more reasonable to say that the goal of earning in gambling is usually more often done by gamblers who are in a poor financial level, many of them hope to get a big win to improve finances in their lives, but yes, however it is the wrong mindset in gambling that ultimately leads them to many disasters such as experiencing large amounts of loss instead of earning. |
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Well, to be honest, I agree with the title given by Op. If it's really possible to study on your own, There is even a faster learning process in trading here in cryptocurrency when an individual learner learns trading along and uses his or her own way to learn it.
Because I noticed that those who pay for training about trading just waste what they paid for because they don't actually absorb what they heard, and besides, there is no quick time for people who are interested in learning to understand it immediately. It really takes time, that's the truth.
Actually all traders can undergo their own learning but for basic steps I think it never hurts to find a mentor to direct them to the right and directed trading approach, because so far in some cases there are usually still quite a lot of traders who have an understanding that is skewed or out of the recommended path such as trading in the wrong way that will only harm themselves. and I understand that all these directions can be obtained through the internet but sometimes the lessons obtained are not directed or that means they get random learning and it is quite difficult to actually find information on an internet that gives them the first steps that will harm themselves, and I understand that all these directions can be obtained through the internet but sometimes the lessons are not directed or they get random learning and it is quite difficult to really find information on an internet that gives them the first steps that a beginner trader must first learn and go through. Usually in some cases a beginner immediately jumps into trading without being based on a qualified understanding and knowledge of how to properly trade which in the end they are confused and experience losses that dominate over profits, so I think for the initial stage of introduction it doesn't matter if for example you want to learn from mentors by spending at least a little money to get the right direction on how to be a good trader and be on a harmless path and after that you can learn on your own when you already have a basic understanding. |
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I got your story op and frankly I must say that your last illustration of getting other gamblers back to gambling isn’t were the problem lies but rather on the safety of the winner.
Have you thought of the dangers of sharing a success or winning story at the wrong place and at the wrong time?, there might be possibilities of the winner been robbed or harmed to claim his winnings and the rest of other challenges that might be associated as well.
Whatever the case might be, it is always advisable to be conscious of the environment at which we stay to share our success stories be it from gambling or any other place, as there have been several cases of people losing their lives as a result of jealousy and it’s likes.
Not only on gambling winnings but every other aspect of life, it is important to stay private with our incomes most especially when a tangible amount of money 💰 s involved because at some times you don't know the mind of the other person wether or not they are happy with you or will want to take the money from you at the end. So you are very right when you say that privacy is of utmost importance concerns for anyone gambler and learn to be silent when in public transport avoid evil attractions. In some cases usually people who hear stories about your winnings usually they will claim unilaterally about the rations that you have to give them from some of the winnings that you managed to get, if for example you are willing and willing to give it then maybe it won't be a problem but if for example you only tell and brag about the victory and absolutely do not want to share part of your victory with them then maybe bad things can happen, As you said, we don't know what's going on in other people's minds and they might be planning something bad in their minds like planning to take your money in an unexpected way. Of course the solution is always better to keep your winnings a secret regardless of the amount, but if you want to share some of your winnings with them maybe it won't be a problem, but if you don't want to then it's definitely better to keep it a secret. |
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It is absolutely true that the casino sends spam. I think they use a special system that changes their address and sends emails to players that constantly remind them of promotions. And even if you unsubscribe, it won't help. Their task is to remind themselves if a player becomes distracted from casino games. It's like a damn curse, because letters from casinos are always tempting and bright. They know how to interest someone who wants to forget about gambling for a while.
That is true,I used to play in many reputable casinos before and now because I have down scaled greatly the amount I play I also don't play in many casinos and the ones I have left keep sending me their promotions even after more than 2-3 years and they have them send automatically.I have unsubscribed from some of them yet I still receive rare emails of such bright and colorful promotions.I think though that the person who is determined to quit gambling is not impressed anymore by such promotions and gambling every day only increase our chances to lose,you simply can't be in a long term winning position by playing games with an house edge. I think most gamblers experience the same thing, and of course that includes me as well which is probably not much different from what you're experiencing here where we get promotional messages that come to our email or to our smart phone cellular number, and it's definitely true that it can really disrupt a gambler's defenses when they're struggling to reduce their involvement in gambling or those who are struggling to quit. This means that there are many scenarios of temptation or encouragement that can make us re-engage in gambling, because in terms of gambling, usually someone will have a desire to return to gambling and will also grow curiosity to gamble when they remember about gambling which means of course getting promotional messages from casinos via email or having a very active environment in gambling or accidentally hearing a victory that was achieved by another gambler, it can really disturb our mentality when we are trying to stop gambling, Therefore we must as much as possible completely clean something related to gambling, remove your email from your smart phone and replace it with a new email or stay away from your environment that is active with gambling, I think at least this can help, and on the other hand I agree with you that gambling every day will only increase the possibility of the number of losses and not increase the chances of winning. |
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The idea of giving up gambling after doubling the bet amount is very good but the idea of gambling with the intention of doubling the money is not good at all. Gambling should always be done for fun but to take fun out of gambling if one is lucky enough to double his money in gambling a few times then he should quit gambling at that moment. when someone starts gambling with the sole intention of doubling his money, he must take gambling seriously. And anyone who gambles seriously to make money will never get good at gambling and will lose a lot of money in gambling.
As far as you have it to make profits from gambling, you will always end on the negative side, this is because most of you bets will be based on that emotions and greed, which is not what we should want from gambling based of that fact that no one can actually profits from gambling and we should take gambling as just for fun nothing else. Most of the times some people bet or spin just for the potential amount in Winning and when there lose the becomes sad or indebted since they could have possibly gambled under duress, and on loan hoping to see magic money. What we must understand from the very beginning of gambling is that we must understand that gambling is a business for casinos whose main goal is to make a profit from some gamblers who come with the wrong mindset and understanding that will lead them to many significant losses, which means that when a gambler comes with the intention and purpose of earning then it is clearly likely that they will treat gambling in a way or approach that tends to be excessive because of the great hope of winning based on greed. Overall I believe and I am sure that most gamblers are in a situation where the number of losses is greater than the winnings, and I think this is a natural thing because as I said above that the purpose of establishing casinos is to make profits from gamblers who are too excessive because they are based on a wrong understanding of gambling. So this is why we are advised to put the perspective and mindset that gambling is nothing more than a place to entertain ourselves when we are in boring leisure time, nothing else because when you come with the goal of earning that tends to overdo gambling then it will only make you experience a greater amount of loss because the victory will only come by "chance" and depend on luck, And in the end what is worrying is as you said and I think there are enough examples that we can learn from what other gamblers have experienced who have experienced many problems such as debt, all of which are the impact of the intention and purpose of "multiplying" in gambling. |
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Whoever you are, wherever you gamble and no matter how rich or poor your living situation is if you are involved in gambling then obviously the most important thing is to "risk the amount that you can afford or that you can be responsible for" especially for losing, absolutely no one should take a level of risk that is beyond your ability, no matter how rich you are, because in gambling all the wealth you have can be used up in an instant.
So I think it's rationally ridiculous to ask who should take more risk between a rich gambler and a poor gambler, of course the advice is to take the amount of risk that is commensurate, or according to your ability, or maybe even better is to take the amount of risk that is equivalent to the ability of a poor person if you are a rich person, then obviously the possibility of losing significant amounts of money will be minimized.
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We gamblers have made and will continue to make the same mistakes.
We hope for luck, and this is correct from the point of view of mathematics. This is explained by the fact that if you are unlucky (for example, you went all-in at poker with high odds, but it was not your day) then you will know that next time the probability of a favorable outcome will be higher. This is the concept of "mathematical distance" and therefore it is advisable to place small bets so that the statistics are as even as possible and the element of luck in games is ignored as much as possible.
Every gambler should know this.
What makes you think there's a better chance of a favorable outcome next time? In my opinion, this is one of the most common misconceptions in gambling. Each individual gambling session has nothing to do with subsequent gambling sessions. After a coin has fallen heads, the probability that the next time it will fall tails does not increase. In your example, the same thing happens. In my opinion, many gamblers first need to get rid of the misconceptions that lead to loss. Well exactly I completely agree with your opinion buddy, in gambling there is absolutely no guarantee whatsoever to be able to end the session with a win, there is no accurate way or strategy that can bring you to victory, and also as you said and I completely agree that each gambling session has nothing to do with the next gambling session, for example when now you win with a large amount for example which makes you very happy but this incident cannot be used as a benchmark that in the next session or at a later time you will be able to get another win, of course in the end the results of gambling will always be different, or simply different times then different results too. However, this is a fatal misconception that exists in the mindset of a gambler, one of the reasons seems to be that they are too hopeful about winning so they have high confidence that in the next session they will win again, even though this can never be known, there is no guarantee and no certainty because victory in gambling always comes by "chance". |
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If they were experts in the first place then there's no way that they would really be trying out to let someone do follow them or would really be trying out to give or make some service about for people to follow or having that subscription or not or even if its for free and boast up that it do came from an expert in gambling then you should really be having that doubts already. Also, its not really that entertaining i should say if we do speak about
trying to make out some bet according into other peoples suggestion whether its an expert or some people you dont know publicly on which making out some selection out of their own picks is never been
that recommended. You would really be finding yourself that be entertained if you are someone who do make out some analysis into the picks that you are making.
It's an easy way to make money if it's for sure that they can accurately predict the possible outcome of the game, but there's no onewho can do that, I guess more on self-claimed and for those experienced gamblers who can make money on this venue, they are quitely enjoying and they are not going to share whatever strategy they've got knowing that the house or the system might interfere with how they analyze the potential results. We don't have need those prediction if we are aiming to win, what we need is the knowledge to analyze games and that kind of nerve that can take when it's needed to take that big risk. Honestly, I really can't just trust those who are called experts, and also I suspect that it seems likely that there are even quite a lot of previous victims who have lost large amounts of money when following the predictions of experts, and yes as you said that most likely they only claim or admit that they are experts which means that it is a "recognition" of themselves and does not mean being "recognized" by others. Yes, the logic is like what you said, my friend, that if for example they have a strategy that is quite accurate then surely they will prefer to use it themselves and will not share it with others. I think there is no need to be too serious about looking for various ways to win, stick to the mindset and belief that only luck can bring you to victory, and it is better to focus and prioritize yourself on risk management such as strengthening boundaries and self-control because if you are lucky then you will also win and maybe with a large enough amount, and what we have to think about here is minimizing significant risks because in some cases someone can lose everything they have when they are unable to control and manage their emotions. |
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The right approach and the right mindset is to make trading a part-time job that is useful to supplement your income from the main job, and even if for example you manage to become a fairly professional trader by always being able to make a profit or when you are already in a situation where your profits are greater than losses then I think at that time you can think of a new plan, you can quit your main job but on the other hand you also have to build another place that can provide you with income such as maybe a business or other things that can provide a fairly certain profit.
You're absolutely right. Maintaining a main job while trading on the side is a practical approach. Keeping your main job ensures a steady income, which safeguards your ability to meet basic needs without the pressure of needing constant wins from trading. It's a wise strategy to treat trading as a supplementary income source until, perhaps, your trading profits are consistently outpacing your losses. Of course because as I said above that trading is a part-time job and not a job that can provide the main income, because the main income is something that can always give you a guarantee in a certain period of time that you will be able to earn money or earn, while trading has a level of risk that sometimes cannot be avoided completely and this is why I think the better decision and approach is to make trading a side profession to supplement your main income. The downside of making trading a priority to earn or making it your only job is that there may be times when you need money for living expenses that cannot be tolerated while you are losing money in trading. As you said, the purpose of maintaining a main job is to ensure that our needs will still be met without having interruptions when you experience losses in trading, or simply even if you experience losses in trading but you still have a main job that will be able to provide you with income to make ends meet. |
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1. Do not overtrade, always allocate time for relaxing and purifying the mind.
Excessive trading is not good for a trader's finances and health. Because when a trader trades excessively, they will sacrifice their rest time by monitoring the market continuously and seeing how the charts keep moving in front of their monitor. This is not recommended for traders, because good traders are those who can manage their time by knowing when to trade and when to rest. By managing trading time and rest time, a trader can maintain a healthy balance between trading and their personal health in the long term. One of the reasons why a trader is always required and advised to have a plan and put limits on his trading activity is to limit excessive activity, because it is a sure thing that when you are too long in front of the monitor analyzing the market then over time you will lose focus in yourself which will make you make careless decisions. Limits in trading are to limit the time of running sessions and limit the amount of budget allocated and of course the benefit of these limits is to keep our brains and minds awake and avoid some careless decisions due to too long analyzing the market that can make us lose focus. On the other hand as you said that good traders are those who can organize and manage their trading activities which means knowing and having the ability and planning about when to row and when to pull over. Trading involves money where in trading the possibility of risk will always lurk a trader, and the fear is that when a trader is too long in front of the monitor then there is a possibility that they will lose focus in themselves due to being too tired in analyzing the market which ultimately makes them make the wrong decision. |
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I've come across many videos on social media by professional traders and obviously the impression they're giving is that trading is get rich quick money scheme, which is not true. They make it look so easy by feeding their audience lies that within a month they can actually gain mastery and earn up to $5k. Perhaps, the end goal could be to get the subscription fees from them. Newbies should not be deceived, trading is not ABC, it takes time, patience and hardwork to learn the ropes.
That’s the reason why majority of social media influencers cannot be trusted. They seem to act more greedy than selfless. Instead of opening our eyes into the reality of trading, they even feed us with wrong concepts and make us believe that trading can make us rich quickly, when in reality it’s the opposite, trading can quickly leave a mess and ruin all our funds if we enter trading without knowing. This is why we shouldn’t be trading and risking our funds if we don’t have sufficient knowledge and understanding on how trading works in the market. That's right, and as we know that lately there are a lot of influencers who broadcast these promotions and besides that they also sometimes become one of the figures filling out an advertisement for several types of trading brokers by saying things that at first glance look and sound very tempting and of course as a result many people are interested in getting involved in the world of trading with high hopes of getting a lot of benefits to change financially in life, when in fact when you have entered a market then that's where you will start to get confused especially in response to the many losses that make your money disappear significantly. However it is a correct and realistic statement that trading is not an intermediary for getting rich quickly, in any case success does not come by itself but success must be picked up or pursued with dedication or sacrifice and unusual hard work and this is the reason why not everyone can be successful in any field including trading, so I hope you or whoever it is not easily attracted by everything that looks tantalizing that comes in a short way, of course the solution is always to use common sense and rational point of view so as not to regret it in the end. |
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Generally we don't like to be seen as a loser, we just want to get back what we lose and in gambling it's not really possible in that way so one more lose then we lose entirely. They are ignoring the basics of betting which shows the are ready to do anything just to achieve the results which can be due to greediness or addiction according to the situations.
Actually the main mistake with gamblers is that they don't accept their loss and want to chase it but they forget that gambling is not a field where they will use their knowledge to get their dreams victory. There is nothing required for gambling to get the reward but it is reality that if your luck shines then you win and if your luck does not co-operate with you then you lose in gambling. A person who gambles for the first time with thoughts that he will not be addicted towards gambling also becomes addicted to trying again and again to recover the sum that he has lost previously. That's right, the main ailment of most gamblers is the inability to accept the fact of losing which eventually leads to many impulsive decisions such as continuing gambling with the intention and purpose of recovering something that has been lost. And I can already conclude that they are irresponsible gamblers or maybe I will also call them losers who only want to win but are not ready to lose. However, gambling is always about winning and losing, only those two and you will always end the session with one of the two possibilities between winning or losing but most gamblers experience losing more often than winning which is the reason because the percentage of winning is much smaller than losing. The truth is not to be too ambitious in terms of dealing with winning and there is no need to put too high expectations on winning because it will only make you experience significant disappointment when it turns out that the session ends in defeat, after all, if for example you are lucky enough then you will also be able to get a win like other gamblers get, so it is better to focus on being able to accept the fact of losing rather than putting excessive expectations on winning which in the end will only make you even more disappointed. |
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Don't use up to 10% because for me that's quite high already. 1%-5% is fine but when you go more than that then that's sort of alarming honestly.
But if you can take the loss with that amount that you're going to do with your salary then there's no problem at all and all you have to do is be good at managing not just your budget but also your emotion.
Yeah because it's not only about the money but also the mental capital that would require you to risk such amount of money. You don't want to lose all the money that you've just worked hard don't you? Which means that you should be only betting the amount of money that only seems insignificant for you. That you won't stress about it even when you lose. Because regardless if your new or a professional, you are going to lose in this game. So if you aren't prepared for that, you may lose your sanity. Increasing your risk doesn't only equate increasing your profits, it also increase the amount of stress you are going to carry. Honestly, I am not sure that there is a gambler who is really able to accept a large amount of defeat, and we should be able to find out about what their intention is actually gambling from the amount of budget they allocate, if for example they allocate an amount that tends to be large or even close to 80% of the total amount of their income per month from their main job then I think I can conclude that their intention and purpose of gambling is to multiply the money they bring in with the hope of getting a big win. With the goal of multiplying the money they bring with them then I think it is obvious that if they end up losing then they will not have the ability to accept the fact of losing, I am sure that they will be emotional and unable to calm their emotions which in turn the situation encourages them to do some out of control actions such as chasing the winnings to restore something that has been lost which will actually only lead them to a lot of stress, In the end, as you said, it is best to gamble by putting the amount of budget that we can afford especially for losing, that approach is useful to minimize emotions and out of control actions that lead you to a lot of impulsive decisions. |
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Family relationships will be more harmonious when everything runs with full openness, in any case between the two parties, between you and your husband, and of course keeping things a secret from your partner is something that is not recommended because after all, they are our life partners who will always be accompany us until death do us part, and in addition I am sure that if you hide something from your partner then one day this will only trigger problems between you and your partner which, as you mentioned above, most likely your partner will not trust you again.
Even though basically, maybe you are a typical responsible gambler who can manage and control your gambling activities well and safely, but still the problem is keeping something secret from your partner, which can reduce the level of trust and possibly disrupt harmonious relationships in your relationship. family. So don't think that if you are a responsible gambler then you don't tell your husband, because maybe your husband has a different point of view towards gambling, maybe he will assume that even though you can maintain your involvement in gambling well, it's still a thing. The risk of losing money is a definite thing, and in fact this will only result in a number of unnecessary losses, however there are still quite a lot of other entertainments that you can do without any possible risk of loss.
Some are saying that each one of us does have a secret that even our husband or wives doesnt know about, if this one pertains into those things that happened before marriage or on the time that you created your own family then i dont see any issues with it but its true that nothing beats out on living in a family on which you arent that hiding on something. Just like on what been mentioned that having that kind of openess would really be bringing out that kind of happiness on which we know that telling everything nothing but the truth would be always that something which crucial on any relationship in between. We do know on how important it is when it comes to trust and really that tell everything you do and everything you do have in mind. This is where you would really be able to see and say that your partner does really give out that kind of importance and respect towards their partners on which this is something commendable and recommendable of course. Yes but the main problem here is that they have a habit that involves the use of money, no matter if for example you are a responsible gambler even still in the end the possibility of losing money is a sure thing, and simply put if for example you are not involved in gambling then there will be no amount of money lost even if the amount is not large, so even if the habit you have before you get married still when you get married then you should tell your partner about you having this habit. As we know that when we have entered the household phase, the responsibility will be even greater because usually there will be a lot of money allocated to meet many needs where it is better for us to use the money to meet family needs than to gamble. Actually this will not be a problem if for example you have other habits that do not involve the risk of losing money even if for example you keep it a secret from your partner, but if for example the habit is gambling then in my opinion it is better to tell your partner, lest it causes problems in the end when you unconsciously turn into an impulsive gambler which is clear your partner will also scold you. What we have to look at here is "having a gambling habit" which involves the risk of losing money, it is this context that should be of concern. |
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