Wednesday, January 20, 2016

MONEY MANAGEMENT in Gambling and Investing


The most important in Gambling and Investing is Money Management, otherwise said 'How you manage your Bankroll.'

Proctecting your capital.

Bankroll: Money 

No Bankroll = no Money
No Money = no opportunities to make Money

Since you should never "play" with Money.

The 5% Money Management Rule

Gamble no more than 5% of your Bankroll.

I can make 20 Bets with my personnal Bankroll.
It isn't dramatic if I lose a few bets in a row.
I have the same philosophy for investing in the stock market.


In the long-run, 
Discipline is better than good picking.
Since you can't always pick the winner.


Nothing is 100% safe.
Nothing is 100% sure.
Not even fixed fights and inside trading.

Everything is possible!

So you should NEVER dedicate more than 5% of your Bankroll / Capital on a single bet, investment or poker game.



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