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Old 9th December 2012, 10:27 AM
Lord Greystoke Lord Greystoke is offline
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Join Date: Mar 2012
Posts: 1,237
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Quote:
Originally Posted by Mark
People should take note of this as it's one of the few correct statements on the whole forum.


Can I be as bold to suggest that there are at least 2 'elements of edge' required for a profitable strategy i.e. selection & staking.. Perhaps in that order?

e.g. what be the point of being able to consistently pick winners (or loosers) when our money management methods are flawed?

I volunteer this as I have spent the best part of 3 months exploring various successful selection strategies, only to find that various additional elements are required to advance, come out ahead on POT, ROC etc

For example...
1. Record ever bet as it is placed
2. Add results and any learning, discoveries
3. Batch (separately record) specific strategies and performance
4. Repeat what consistently works, eliminate what doesn't
5. Focus on and fine-tune methods for selection and staking

Cheers LG


PS have also found that the fastest way to do one's dough is to ignore some / most of these. Would suggest that I am on the right track here, regards my personal preferences etc Each to their own, I guess?
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