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Tips, tricks, strategies... : Strategies not to chase losses (Page 2)

Topic created on 16th Jul. 2020 | Page: 2 of 2 | Answers: 16 | Views: 3,490
Kleinkariert
Expert

Strategies not to chase losses

17th Jul. 2020, at 02:21 am CEST#11
3 Likes

Liked this post: Anonym, Avatar von Jubla2014 Jubla2014, Avatar von Sarkasto Sarkasto
None at all. I never gave up chasing my losses. Only I have limits, I went after them but limited. At least I thought so.

Since my win and the wins before that, I'm up a bit overall. So I thought nuk I'll stop, but one thing I've become more aware of than ever. You play because it really is like a drug:

When you win you're just happy at that moment and often regardless of what your personal life looks like. That's why you play again and again. I know it's obvious, but it's not something I've been aware of.

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ErikS
Amateur

Strategies not to chase losses

17th Jul. 2020, at 08:01 am CEST#12
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Play net loss limit and small stakes

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Anonym

Strategies not to chase losses

17th Jul. 2020, at 08:27 pm CEST#13
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It is in the nature of man that you want to recover losses. But it is not a good idea . It is better to gain distance, and after a while to play again out of desire

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v****2

Strategies not to chase losses

17th Jul. 2020, at 11:49 pm CEST#14
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hello...self-discipline hardly ever works anyway
to recoup the losses when it is not ringing anyway...

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Butterbrezel
Elite

Strategies not to chase losses

18th Jul. 2020, at 10:06 am CEST#15
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Yes, simply set a personal limit and stick to it 100%. Of course, that's just self-discipline.

At the beginning of the month, a limit is set that fits the financial framework.

The money within the limit should already be recognized as lost in full before you have played the first spin, the first bet or the first Poker game. If then what remains, one is glad about a payout at the end of the month. Paying out is also important. Pay out at the end of the month and start again at the beginning of the month with a new limit.

This month I had a Zock budget of 60 EUR. That was gone within a few days, ran bad this month.
So there is this month 3 1/2 weeks break and next month it continues.




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slotliebe89
Elite

Strategies not to chase losses

18th Jul. 2020, at 11:59 am CEST#16
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very consistent from you

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Knochen
Elite

Strategies not to chase losses

18th Jul. 2020, at 04:55 pm CEST#17
2 Likes

Liked this post: Anonym, Avatar von SunSun13 SunSun13
I hardly ever play anymore anyway, but I'll answer anyway.

The keyword is simply discipline. I trade more or less actively with leverage certificates and warrants. Especially with leverage certificates you sometimes lose. Roughly speaking, the goal is to make a win with about 6/10 trades. There is one important rule: one trade has nothing to do with the next. If I lose on Volkswagen today and win on Allianz tomorrow, they are two separate trades. The bottom line is that you can only win if you always trade with a clear conscience and never try to recoup the losses of a single trade.

Gambling is similar. While you can't actually make a win on the bottom line, the basic rules are the same. Just because I lost on my 10€ Deposit doesn't mean that the next 10€ deposit will have anything to do with it. If I lose 500€ in deposits and then win 100€ with a 10€ deposit, I have to be able to cash out that 100€ and consider it a win in its own right. Including the 500€ before that makes no sense and leads into the downward spiral. Each deposit stands on its own and wins or loses

That means of course: If I deposit 10€ to play and lose this 10€, I do not directly deposit another 10€, play the same slot to finally get free spins, lose again, deposit again and so on. This requires discipline and for me at least, the idea that one deposit has nothing to do with the other has always helped.

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