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Something to ponder after your next loss

Started by esoito, December 15, 2014, 04:56:01 AM

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esoito

Paul Tudor Jones is a billionaire hedge-funder and private asset manager from Connecticut who ranks as 108th-richest American, according to Forbes.

Paul Tudor Jones says, 'You learn more from your losses than from your gains.'

JoeyKnish

Since this topic has been brought up.

Gonna save you folks $500 an hour from speaking to a Poker Coach.

Journaling. You just don't know what a great and important tool this is! Writing down your pitfalls, fears and whatever held you back or you think will hold you back. Then lists your remedy(ies) on how to approach them. Once you are mentally prepared to face and deal with whatever problems/issues you will be that much more prepared. Then next time you won't repeat them.

In Confessions of a Winning Poker Player, Jack King said, "Few players recall big pots they have won - strange as it seems - but every player can remember with remarkable accuracy the outstanding tough beats of his career." So true!


alrelax

Nothing to do with gambling, just work. 

My fear is the interstate and highways.  I was pushed out of the way of a car that crashed into our wreck scene which was illumined by all the emergency vehicles present, but of course the lady driving 75mph or better failed to see the interstate filled of stopped vehicles with all kinds of blue and red lights flashing.  That was a few years ago.  Since then, it has been a fear of mine, my only fear.  Yesterday, a co-worker was killed by a car at a current scene we were working on the highway.  Yes the driver was arrested for endangering highway workers (a felony) and reckless driving, talking on a cell phone while driving, and homicide.  Now I am even more fearful than ever.  How is writing this down in a book going to help????
My Blog within BetSelection Board: https://betselection.cc/index.php?board=250.0

Played well over 36,951 shoes of baccarat since I started playing at B&M USA casinos.

THE PURPOSE OF GAMING IS TO WIN!

"Don't say it's a winning hand until you are getting paid for it".

Played numerous properties in Las Vegas, Reno, Southern California, Atlantic City, Connecticut, South Florida, The South/Southeast as well as most areas of The Midwest.

Baccarat, actually a mixture of Watergate, attacking the Gotti Family and the famous ear biting Tyson fight leading to disqualification and a near riot.  Bac has all that & more.
 
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Dane

Quote from: alrelax on December 15, 2014, 05:41:28 AM
Nothing to do with gambling, just work. 

My fear is the interstate and highways.  I was pushed out of the way of a car that crashed into our wreck scene which was illumined by all the emergency vehicles present, but of course the lady driving 75mph or better failed to see the interstate filled of stopped vehicles with all kinds of blue and red lights flashing.  That was a few years ago.  Since then, it has been a fear of mine, my only fear.  Yesterday, a co-worker was killed by a car at a current scene we were working on the highway.  Yes the driver was arrested for endangering highway workers (a felony) and reckless driving, talking on a cell phone while driving, and homicide.  Now I am even more fearful than ever.  How is writing this down in a book going to help????

I don´t know if a few old quotes from his Bobness can help you. Anyway:

The highway is for gamblers, better use your sense. Take what you have gathered from coincidence.

"I´ve got a thousand telephones that don´t ring. Do you know how I can get rid og this thing?
And Louis the king said "Let me think for a minute, son..Yes. I think it can be easily done:
Just take everything down to Highway 61".
                                                                      (Bob Dylan)
"THERE IS AN OCEAN OF VAST PROPORTION
AND SHE FLOWS WITHIN OURSELVES"
               Donovan Leitch

Trbfla

Alrelax, will that is certainly something to be fearful of....we have our share of those drivers down here in florida.....
Joey- thanks for the suggestion, I'm going to leave a journal in the car and start detailing each of my playing sessions.....I agree learning from your losses is very key to winning long term.

alrelax

Quote from: Dane on December 15, 2014, 07:44:01 AM
I don´t know if a few old quotes from his Bobness can help you. Anyway:

The highway is for gamblers, better use your sense. Take what you have gathered from coincidence.

"I´ve got a thousand telephones that don´t ring. Do you know how I can get rid og this thing?
And Louis the king said "Let me think for a minute, son..Yes. I think it can be easily done:
Just take everything down to Highway 61".
                                                                      (Bob Dylan)

I heard that song a million times I think.  I looked it up in WIKI under "Highway 61 Revisited" and the explanation is downright awesome/scary.  BTW----as I feared Highway 61 runs through my state!!!!!  Well don't know whether to thank you are smash my computer screen.  I am pondering my next move as I type.  Adding LED's to the florescent green or plastering the bulls eye on my back????
My Blog within BetSelection Board: https://betselection.cc/index.php?board=250.0

Played well over 36,951 shoes of baccarat since I started playing at B&M USA casinos.

THE PURPOSE OF GAMING IS TO WIN!

"Don't say it's a winning hand until you are getting paid for it".

Played numerous properties in Las Vegas, Reno, Southern California, Atlantic City, Connecticut, South Florida, The South/Southeast as well as most areas of The Midwest.

Baccarat, actually a mixture of Watergate, attacking the Gotti Family and the famous ear biting Tyson fight leading to disqualification and a near riot.  Bac has all that & more.
 
Administrator & Forum Board Owner  of  BetSelection.cc
EMAIL: Betselectionboard@Gmail.Com

Trbfla

Perhaps you may need a bubble suit to protect you .....be thankful it's not south florida....

sqzbox

Al - you ask "how can writing that down in a journal help?". I'm surprised at you! You claim to be a professional at what you do and the fear you have expressed is based on real experience so - how can you NOT try to mitigate this circumstance? Writing it down in a journal is good for both you AND your peers and co-workers. It provides a record of experience, number 1, from which others in your business can learn. Number 2, consider mitigating factors - you can scan the scene with this particular fear in mind and do any number of things - put people on flag duty, put flashing lights in the direction of on-coming traffic, put wheel spikes after the barrier and before the scene, increase the brightness of lights.  Jeez - and I'm not even an expert in your business!

alrelax

Quote from: sqzbox on December 15, 2014, 10:57:02 PM
Al - you ask "how can writing that down in a journal help?". I'm surprised at you! You claim to be a professional at what you do and the fear you have expressed is based on real experience so - how can you NOT try to mitigate this circumstance? Writing it down in a journal is good for both you AND your peers and co-workers. It provides a of experience, number 1, from which others in your business can learn. Number 2, consider mitigating factors - you can scan the scene with this particular fear in mind and do any number of things - put people on flag duty, put flashing lights in the direction of on-coming traffic, put wheel spikes after the barrier and before the scene, increase the brightness of lights.  Jeez - and I'm not even an expert in your business!

Great constructive answer!  In response.  We are all conscious of this #1 hazard/danger working on an interstate/2 or 4 lane highway, etc.  Flaggers are frowned upon and disallowed in most of everything we do because of the 'liability' of a person engaging in a roadway, etc., we are not a construction site is the reason.  Every vehicle we have has LED bar lights, strobes, etc., at times we have to turn them off--just too much and in conjunction with DOT and the State Patrols.  We do put a blocker vehicle after the lane taper if we are taking out a lane.  But the problem of crashes has seldom or ever been someone crashing through a barrier and continue straight up to the work zone, etc.  It has been sideways or veering off their open lane somewhere between the taper/lane closure and the work zone.  Warning signs and closures start at 1.4 miles back front the work zone.  Lights, well technically we can not work after sunset unless we are talking about an emergency with something that just happened.  Well proven facts on the highway, lights whether flashing or solid attracts drunks and drivers in a stupor, so darned if you do and darned if you don't tape of thing.  Then the police, county or state is usually there for the first hour and then they demand traffic control so they can leave.  It is not as easy as it sounds.   
My Blog within BetSelection Board: https://betselection.cc/index.php?board=250.0

Played well over 36,951 shoes of baccarat since I started playing at B&M USA casinos.

THE PURPOSE OF GAMING IS TO WIN!

"Don't say it's a winning hand until you are getting paid for it".

Played numerous properties in Las Vegas, Reno, Southern California, Atlantic City, Connecticut, South Florida, The South/Southeast as well as most areas of The Midwest.

Baccarat, actually a mixture of Watergate, attacking the Gotti Family and the famous ear biting Tyson fight leading to disqualification and a near riot.  Bac has all that & more.
 
Administrator & Forum Board Owner  of  BetSelection.cc
EMAIL: Betselectionboard@Gmail.Com

sqzbox

Never meant to imply it was easy - and of course I know nothing of the finer aspects of the whole deal. I simply wanted to make the point that even in the circumstances you mentioned the journal or log idea was still valid.

Just out of interest, here in NZ when we have that type of incident on a freeway (we call them motorways) there are a whole host of things that happen. The first is that the police set up a "rolling block" which slows the traffic down which in turn causes queues which then become self-controlling. Then we have big trucks with a massive flashing "X" displayed on the back (in white) on the lane that is blocked. Then cones for lane control plus further amber lights and all that stuff.  It becomes quite a spectacle actually.

alrelax

I hear you I didn't take offense to anything said, I do have a form called "Field Notes" that does get notated as an official record for each file.  The past year the State Patrol and some select Sherriff's have been enforcing the Move Over laws, at times. 

It's totally amazing with the or State Troopers or County Police gone and the huge scene still there how many motorists will do say 70MPH in a 55 or 65 MPH zone to begin with and those limits are without the emergency situation.  With the police cars present, it's a whole different, 'I'm a good motorist story'.

There are a few states, I think Indiana might be one, that has the 'kill a highway worker' and it's a felony with a 14 year minimum mandatory prison sentence.
My Blog within BetSelection Board: https://betselection.cc/index.php?board=250.0

Played well over 36,951 shoes of baccarat since I started playing at B&M USA casinos.

THE PURPOSE OF GAMING IS TO WIN!

"Don't say it's a winning hand until you are getting paid for it".

Played numerous properties in Las Vegas, Reno, Southern California, Atlantic City, Connecticut, South Florida, The South/Southeast as well as most areas of The Midwest.

Baccarat, actually a mixture of Watergate, attacking the Gotti Family and the famous ear biting Tyson fight leading to disqualification and a near riot.  Bac has all that & more.
 
Administrator & Forum Board Owner  of  BetSelection.cc
EMAIL: Betselectionboard@Gmail.Com

esoito

All very interesting....  But I'm struggling to see how it all fits in to the title of the thread!!

But, as I say, it's interesting so carry on.   :thumbsup:

alrelax

Fear, General Discussion, and the relation to gambling is................I'm okay betting table max at times at $10k or $15k, whatever, no fear---none whatsoever, sometimes I want to wring the guy's neck who is peeking at the cards, anticipation......but no fear, so I bared my soul to see if anyone had a magical fix for what I do fear. 
My Blog within BetSelection Board: https://betselection.cc/index.php?board=250.0

Played well over 36,951 shoes of baccarat since I started playing at B&M USA casinos.

THE PURPOSE OF GAMING IS TO WIN!

"Don't say it's a winning hand until you are getting paid for it".

Played numerous properties in Las Vegas, Reno, Southern California, Atlantic City, Connecticut, South Florida, The South/Southeast as well as most areas of The Midwest.

Baccarat, actually a mixture of Watergate, attacking the Gotti Family and the famous ear biting Tyson fight leading to disqualification and a near riot.  Bac has all that & more.
 
Administrator & Forum Board Owner  of  BetSelection.cc
EMAIL: Betselectionboard@Gmail.Com

JoeyKnish

Quote from: esoito on December 16, 2014, 02:58:59 AM
All very interesting....  But I'm struggling to see how it all fits in to the title of the thread!!

But, as I say, it's interesting so carry on.   :thumbsup:

"You learn from your losses."

Yeah that is a great comment. But the big question is, HOW? What is the process? What needs to be done? How you can become stronger after a setback. How can you bounce back after a defeat. How you can maintain the passion and not let a loss burn you out?

Here is a simple formula. 10X=Y

Y represents a wager whether it is $10 or $10K. X is all those little things you have to do correctly before Y. For some people they have to do 10 things and for others 20. This is just an example since we are all different. Being successful at the tables is not just about winning money. It is about proper preparation. To me it is about knowing how to play correctly and winning the same amount consistently while having a balance lifestyle outside the tables. In other words things at the casino becomes really darn boring and pretty much "predictable." You know when to leave good or bad.

Dane

Quote from: alrelax on December 15, 2014, 04:34:30 PM
I heard that song a million times I think.  I looked it up in WIKI under "Highway 61 Revisited" and the explanation is downright awesome/scary.  BTW----as I feared Highway 61 runs through my state!!!!!  Well don't know whether to thank you are smash my computer screen.  I am pondering my next move as I type.  Adding LED's to the florescent green or plastering the bulls eye on my back????

Old "DYLANANIACS" can´t help it: We always come out with som text from his Bobness.
After hearing the songs a million times we were deeply influenced. I did not mean to offend you.
You are right: Some of the texts are rather scary.
"THERE IS AN OCEAN OF VAST PROPORTION
AND SHE FLOWS WITHIN OURSELVES"
               Donovan Leitch