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Cutting losses in a timely manner is easier said than done, isn't it?

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Post time 9-10-2023 16:09:03 | Show all posts |Read mode
The allure of gambling games is undeniably significant because they offer the possibility of rapid wealth accumulation. As a result, thousands of gamblers engage with the house every day.

However, winning in gambling games is not easy. Not to mention, we need sufficient capital as a buffer, and the process of playing the game already severely tests our mental fortitude. While gambling games may seem straightforward, they can gradually erode our patience, and very few people can truly make money.

Whether winning or losing, we believe that no one is willing to leave the game. If you're slightly ahead in profits, you'll likely feel satisfied on a psychological level. At this point, if you come across a good method before leaving, perhaps you'll place one last bet, knowing that it won't significantly impact your overall winnings.

But what happens when you're experiencing a string of bad luck, resulting in substantial losses? Will you still be willing to walk away at this moment? I believe most people would want to quickly recover their initial investment, right? However, rapidly recouping losses is not easy. Many times, we caution ourselves that we should choose to leave, win or lose. After all, continuing to gamble might only dig us into a deeper hole. If we can't control it, we might even risk losing our homes.

But when we're actually placing bets, we find that we haven't succeeded, yet we're still unwilling to leave and want to try one more round. It seems that there's no end to gambling, right?

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Post time 9-10-2023 17:06:55 | Show all posts
Implementing stop-loss effectively is also a technical skill.
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Post time 9-10-2023 17:26:30 | Show all posts
Those who can implement stop-loss are at the expert level.
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Post time 9-10-2023 18:25:39 | Show all posts
Not everyone has such a strong mindset.
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Post time 9-10-2023 18:37:18 | Show all posts
Setting stop-loss limits is indeed very challenging; I can't do it every time.
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Post time 9-10-2023 18:54:43 | Show all posts
Knowing when to quit while you're ahead isn't something everyone can do; it requires a lot of willpower.
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Post time 9-10-2023 19:13:50 | Show all posts
Our reason tells us to stop while we're ahead, but our human nature tells us we can still keep winning.
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