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"I see that many people still hold incorrect beliefs, so I want to share with everyone again.
Previously, I publicly mentioned that I turned my initial $10,000 into over $250,000 in profits. Many people ask me about the method, but no one asks how much time it took. In fact, time is precisely the source of my earnings. Who says that long-term gambling always results in losses? I'll tell you about the power of time!
Many people don't have enough gambling capital but expect high returns. For example, in Hong Kong, gamblers often calculate their travel expenses, etc., and expect a profit of about $1,000 per game. So how much capital is needed for this profit? Many small gamblers go to gamble with $2,000 - $3,000 and often end up losing before reaching a $1,000 profit. Have they thought about how much capital is needed to achieve this profit safely? These people may win once or twice, but if they have had the experience of winning big with a small stake, it can distort their values, making them believe that they can win big every time. Subsequently, they tend to increase their bets and lose more, and they become unable to stop themselves.
I believe that every professional gambler has experienced significant losses, and I am no exception. I lost $130,000 in two years, but of course, I have since recovered it. However, those who don't use their brains after losing will only lose more as they continue to gamble. Understanding money management is the first step to success.
During gambling, there are two things you can control: time and bet size. Proper planning is the biggest weapon of a winner.
The first point: Determine how much capital you should use.
The second point: Set your profit target based on the size of your capital.
The third point: Of course, it's your stop-loss mechanism...(there's much more to it, but I won't go into detail now).
After that, time starts to play a role. In my case, I started with $10,000, and each gambling session lasted about ten hours. On average, I won $2,000 per session. Over the course of more than a hundred sessions, I accumulated profits bit by bit. This is the power of time, and it can also be seen as reaping the harvest. Of course, I have my own betting strategies and techniques, but that's a topic for another time.
Now, do you think a profit target of $2,000 with a $10,000 capital is high? If you have this mindset, congratulations! In the near future, you will certainly recover what you have lost! Let me tell you about the second power of time. If we consider a single session of 10 hours, that means the profit target per hour is $200. With a $10,000 capital, is a profit target of $200 per hour high or low?" |
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Post time 12-9-2023 08:19:48
