Notes I have jotted down from stock trading books and online gambling forums

[Iceman]

- win quietly

- focus on playing/betting well, the results will take care of themselves over time.

- try to be an outside observer of yourself/ Talk to yourslef while betting/capping, view your life as a movie.

- if you are a winning player it shouldnt bother you when you lose as you should and will make it all back.

-no reason to talk to anyone about your losses, ino one cares, it makes you look and feel weak.

- perfection may be elusive but consistency is achievable.

-always stay relaxed when making decisions.

- even if you give away your secrets, most people couldnt still do this ecause they cant control their emotions or follow a pattern/system. They wont have the same confidence or comfort level in your methods.

-never fear making a mistake, they happen.

- develop your own routine. get actuvey involved. do your own research, have your own game plan and make your own decisions.

- dont always measure your success by dollars but by how well you are making decsions.

- confidence means everything

- you shouldnt get a buzz off of winnig or get depressed from losing.

- you cant be afraid to against the crowd.

- keep talking you way thru things. Have a plan and keep asking yourslef if this happens, I am going to do this

- when you bet it should be so small to your overall bankroll that it shold almsot feel like win or lose that one game is a waste of time and doesnt matter.

- you must be willing to lose money. It shouldnt effect your sleep at night.

- be patient in all regards but be quick and decisive when it's time to pull the trigger.

- you must stay one notch better than the competetion

- as thisgets harder realize that your edge goes down but your volume goes up.

- you must follow the system but you cant get too mechnicial. people believe that if you just get the formula right it will solve the problem. it doesnt work that way.

- once you have the edge it is not the math but more the discipline to stick with it thru the thick and thin.

-estimated 1 in 500 people have the discipline to be successfull at this

analyze every bet afterwards. if bets are losing one mst stay calm and decide if approach needs to be revised.

winners- the difference between them and ordinary player are winners have an absolute confidence their ability to win. Losers lack the confidence in ther system or appraoch and blame others.

 

[thesundevil]

thanks iceman.who do you like to win the giants eagles game?

 

[thesundevil]

I know a lot of these are sort of the same thing bein said over and over but they are trying to get the point across. Also some statements hit home differently for different people.

correct.we all hear things differently.

 

[OccamsRazor]

Hope you don't mind Ice, some of my favorite inspirational quotes when the cards, dice and field goals are not falling our way.

For the gamblers:

A winner must call himself great before the world does.

Winners are ordinary people with extraordinary determination.

Experience is the best teacher, provided we become the best students.

Out of every failure (loss) and disappointment is the seed of an equivalent or greater benefit.

The goal of a winner should be excellence, not perfection.

Winning is accomplished in the preparation phase, not the execution phase.

Losers focus on making a living, winners focus on making a life.

If you don't have a clear goal in life, you are destined to work for someone who does.

A simple truth: It is impossible to be depressed when you take action.

Life is a persistent teacher. It will keep repeating lessons until we learn.

It is not enough to see the possibility, you must become the possibility.

Winning is the result of good judgement. Judgement is the result of experience.

and for you Ice in your Vegas endeavour:

The best way to predict your future is to create it.

 

[xpanda]

Hi, Iceman! Hope life is good for you in Vegas...

From a stock site I visit, in their 'education' section:

The Japanese began using technical analysis to trade rice in the 17th century. While this early version of technical analysis was different from the US version initiated by Charles Dow around 1900, many of the guiding principles were very similar:

* The "what" (price action) is more important than the "why" (news, earnings, and so on).

* All known information is reflected in the price.

* Buyers and sellers move markets based on expectations and emotions (fear and greed).

* Markets fluctuate.

* The actual price may not reflect the underlying value.

I think these concepts work perfectly in all markets ... I long ago determined there wasn't anything in the stats that would help me beat the bookie as it were, I just had to beat the market. That's the key. Figuring out which side is which is the harder part, but not impossible.

Based on that, some here might find this site useful:

http://proline.olg.ca/pointspreadEvents.do?ref=home_menu

Look at their odds, look at their lines, look at their rules, and then visualise their market. I can't tell you how much putting this data into my required Sunday morning reading has helped my record.

 

[bellyputter]

Very few people have what it "takes" to successfuly make a living derived solely from gambling. Experience trumps anything you will ever read in a book. Many well known authors have more leaks than your faucet!

 

[thesundevil]

Very few people have what it "takes" to successfuly make a living derived solely from gambling. Experience trumps anything you will ever read in a book. Many well known authors have more leaks than your faucet!

a smart man is a man smart enough to know he does'nt know it all...

 

[Iceman]

Hi, Iceman! Hope life is good for you in Vegas...

From a stock site I visit, in their 'education' section:



I think these concepts work perfectly in all markets ... I long ago determined there wasn't anything in the stats that would help me beat the bookie as it were, I just had to beat the market. That's the key. Figuring out which side is which is the harder part, but not impossible.

Based on that, some here might find this site useful:

http://proline.olg.ca/pointspreadEvents.do?ref=home_menu

Look at their odds, look at their lines, look at their rules, and then visualise their market. I can't tell you how much putting this data into my required Sunday morning reading has helped my record.

I had to respond before I even looked at your site. :aktion033 Heck I had to do a double take on you.

Hope everything is going well on your end. No need to be a stranger back here. I will look at this closely later today when I have a better chance to. I just wanted to say hi. I know you and I have talked about this in the past and I agree with a lot of what you are saying as I think everyone is using the same information more or less. Here is my favorite quote in here and I think it is what you (and I) are both trying to say. I usd to read this all the time as it basically sums up my betting style (esp pre Vegas).

I AM PROBABLY THE LEAST INFORMED OF THE CROWD OR PERSON IN THE PROCESS. I CANNOT MATCH THE SKILLS OF THE OTHERS DOING THE RESEARCH. WHO CARES!!! WHEN THEY MAKE A DECISION THIS ACTION SETS A PRICE. THIS PRICE REFLECTS ALL OF THE RESEARCH THAT THESE SKILLED PEOPLE DO. THEY IN TURN GIVE THIS INFORMATION AWAY FREE TO THOSE WHO CAN ANAYLZE CHARTS AND UNDERSTAND THEM. THIS IS WHERE A TRAINING EDGE CAN BE DEVELOPED.

 

[Iceman]

- think of betting like a hundred chess games at once, like your solving the markets, it is one big game where you use money to keep score.

- best predictor of success is if a person is improving with time and expierence. This is why having 1 sytem and using it religioulsy, so you can learn it in and out. Changing systems makes everything confusing and gets you nowhere.

-compare your accomplishements of your own as a bettro for progress not with others,

-focus on short term goals with this, not long term.

- learn to avoid risk. never bet for excitement. if you need excitement in your life then look at other avenues.

-trading is appealing because your totally dependent on your own talents and abilities.

- most important it have a methodology and a trading plan.

-make sure goals are realistic.

-#1 reason people lose is having no plan.

- goals should never involve winning x amount of money.

 

[GREENHEAD]

IN MY OPINION;

Everything I've read on here is a bunch of bull shit.
Let me make it simple for you.
The key to success is INFORMATION.

A key player not playing,a ref playing the over,earnings higher
than expected,a horse running for 8000 thats worth 20,000.
Just some examples.
What makes you think you can beat the oddsmaker long term.
You cant without information.
What made B.W what he is today? INFORMATION

 

[Alvan9]

I love this thread!!

 

[earl]

IN MY OPINION;

Everything I've read on here is a bunch of bull shit.
Let me make it simple for you.
The key to success is INFORMATION.

A key player not playing,a ref playing the over,earnings higher
than expected,a horse running for 8000 thats worth 20,000.
Just some examples.
What makes you think you can beat the oddsmaker long term.
You cant without information.
What made B.W what he is today? INFORMATION

:think2: everything here is a bunch of "bullshit"? ...the thread seems to offer just what you say is the key to success, some very good INFORMATION!