Now we'll roughly see the tools that we will build upon.
Our members are dedicated to PASSION and PURPOSE without drama!
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#1426
Meta-selection / Re: [Manrique] The most important thing to keep in mind: ENTREPRENEURSHIP
December 08, 2012, 02:20:40 AM #1427
Ralph's Bot / Re: I expect to launch the the bot at the weekend.
December 08, 2012, 01:11:04 AMQuote from: TwoCatSam on December 08, 2012, 01:00:07 AMIndeed.
Ralph is to be congratulated for his generosity!!
One big toast to him
#1428
General Discussion / Re: At least one (1) post a month
December 08, 2012, 12:35:36 AM
Personally, I believe great things can have humble origins.
Even the brightest posters were guests once; we can tip many of them to posting with this.
Even the brightest posters were guests once; we can tip many of them to posting with this.
#1430
Meta-selection / [Manrique] The most important thing to keep in mind: ENTREPRENEURSHIP
December 07, 2012, 10:07:27 PM
The most important thing to always consider is that we will face gambling as any other profitable activity, as a profession that will allow us to increase our revenues, or even make a decent living from it.
To refute the infallibility of the bank we could put thousands of examples where the daily difficulties are well above the 2.7% that roulette imposes on us.
Without going any further direct taxes in many countries are higher than this rate, however the businesses proliferate, many without incurring evasion. But that's a problem we leave to the treasury.
We won't dispute the existence of a rate against us which will be a difficulty yet not the only nor the most deleterious to beat.
The truth is that no trader who wants to make it successful focuses more on the product that sells less, unless he has relatively accurate information about that product to start revaluing or will start to become fashionable.
Any entrepreneur worth his salt will know that in periods of recession you should spend less at risk of losing all your capital (or spend more taking it very clear the resistance of your finances with the urge to win market share from its competitors contraction).
I mean that an effective entrepreneur has very clear moments of recession and acts accordingly disposing of its capital conservatively or aggressively, but always looking to the ultimate consequences of their precise actions.
I mean, he never spends its entire capital hoping that the recession is over.
It may be that the recession is prolonged and its capital comes to an end, but he will have stood for it up to its truly latest consequences. Ruin would be attributed to the worst circumstances but not due to his actions, at least the entrepreneur would do his best to make it so.
An effective entrepreneur also clearly recognizes the upturns and leverages them while recognizing that he must make reservations for times not so good, which he knows that sooner or later would show. The ant and the grasshopper...
Most players, including systemists, do not behave like entrepreneurs, but rather just the opposite.
To successfully address the rate of 2.7% against try to behave like entrepreneurs, but also use all the specific tools we have at our disposal. Displaying an array of tools that put us in a sufficiently positive position to attack the bank successfully. Such situations are not permanent nor uniform, nor are given 100% of the time we play, but will be enough of times to average balances that allow us to be victorious.
To refute the infallibility of the bank we could put thousands of examples where the daily difficulties are well above the 2.7% that roulette imposes on us.
Without going any further direct taxes in many countries are higher than this rate, however the businesses proliferate, many without incurring evasion. But that's a problem we leave to the treasury.
We won't dispute the existence of a rate against us which will be a difficulty yet not the only nor the most deleterious to beat.
The truth is that no trader who wants to make it successful focuses more on the product that sells less, unless he has relatively accurate information about that product to start revaluing or will start to become fashionable.
Any entrepreneur worth his salt will know that in periods of recession you should spend less at risk of losing all your capital (or spend more taking it very clear the resistance of your finances with the urge to win market share from its competitors contraction).
I mean that an effective entrepreneur has very clear moments of recession and acts accordingly disposing of its capital conservatively or aggressively, but always looking to the ultimate consequences of their precise actions.
I mean, he never spends its entire capital hoping that the recession is over.
It may be that the recession is prolonged and its capital comes to an end, but he will have stood for it up to its truly latest consequences. Ruin would be attributed to the worst circumstances but not due to his actions, at least the entrepreneur would do his best to make it so.
An effective entrepreneur also clearly recognizes the upturns and leverages them while recognizing that he must make reservations for times not so good, which he knows that sooner or later would show. The ant and the grasshopper...
Most players, including systemists, do not behave like entrepreneurs, but rather just the opposite.
To successfully address the rate of 2.7% against try to behave like entrepreneurs, but also use all the specific tools we have at our disposal. Displaying an array of tools that put us in a sufficiently positive position to attack the bank successfully. Such situations are not permanent nor uniform, nor are given 100% of the time we play, but will be enough of times to average balances that allow us to be victorious.
#1431
Meta-selection / [Manrique] Preparing for the bad means 4 things
December 07, 2012, 09:34:07 PM1- Having a positive mentality, ie beyond the small losses I will win, I aim to win the war even if I can lose a battle.
2 - Having the capital to develop the game we're going to do (with the general recommendations to reduce bets when losing, etc.)
3 - Having the patience and time to recover the small losses that are occurring without entering the "casino game" and start running to finish before you run out of gas.
4 - Not being stubborn. Stubbornness is the cardinal sin of the player.
The Simple Martingale or method of Garcia are two examples of the supposed infallibility of the progressions, unfortunately there are table limits that would prevent a player with unlimited capital to winning always, saved the fact that no one has unlimited capital.
#1432
General Discussion / Re: At least one (1) post a month
December 07, 2012, 09:05:33 PM
Another good factor is getting fellow guests to register.
I do believe we can be welcoming enough so new members can feel at home.
We don't know what fellow guests can contribute until they do. Getting access to the forum by engagement is quite a win/win for the forum and the person who registers and engages in the conversation.
We grow by our interactions.
I do believe we can be welcoming enough so new members can feel at home.
We don't know what fellow guests can contribute until they do. Getting access to the forum by engagement is quite a win/win for the forum and the person who registers and engages in the conversation.
We grow by our interactions.
#1433
Gambling Philosophy / Re: [Manrique] If you are on a well
December 07, 2012, 08:49:48 PM
...When you are on a losing tram on which you can't get a hit, it's better to call it a day
#1434
Gambling Philosophy / [Manrique] If you are on a well
December 07, 2012, 08:48:26 PM
If you're on a well, the only thing not to do is keep digging.
Manrique
Manrique
#1435
Gambling Philosophy / Re: [Manrique] Who can do more...
December 07, 2012, 08:45:20 PM
He's obviously talking about the parachuting methodology here.
#1436
Gambling Philosophy / [Manrique] Who can do more...
December 07, 2012, 08:43:56 PM
Who can do more, can do less.
So if we hit a number we also hit its column, color, dozen, line ...
Manrique
So if we hit a number we also hit its column, color, dozen, line ...
Manrique
#1437
General Discussion / Re: At least one (1) post a month
December 07, 2012, 08:26:56 PM
Well, not troll factory; it's basically just a reminder to get posters to show themselves...
Hopefully after being woken-up, some will be more prone to continue interacting past the first one
Hopefully after being woken-up, some will be more prone to continue interacting past the first one
#1438
Gambling Philosophy / [Manrique] A chip
December 07, 2012, 07:05:14 PM
Once you won a chip, that chip is already yours, especially if you leave the casino.
Manrique
Manrique
#1439
Gambling Philosophy / [Manrique] Limits
December 07, 2012, 07:03:48 PM
You have to put a limit on the losses, not profits.
Manrique
Manrique
#1440
General Discussion / Re: At least one (1) post a month
December 07, 2012, 07:01:52 PM
Good thing is regular active posters won't feel any difference