best piece of advice you have been given

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Halliday
Posts: 460
Joined: Sun Jun 12, 2016 3:40 pm

SeaHorseRacing wrote:
Fri Jul 06, 2018 12:53 pm
Funnily Enough John Berry is my fav trainer!
He has a good website and his blog is always interesting, currently discussing the dearth of handicaps for 4yo and upwards only,and the rule { he thinks it’s still in place ) that states ...”that at least each programme has to have two races beyond a mile whose aggregate distance is at least two and a half miles. This is a very good thing because it helps to ensure that Britain doesn't go down the way of the New World in making races beyond 1800m”

Which I agree with .. I remember looking at the result of last years Melbourne cup, and think something like the first 13 places were occupied by ex European horses , highlighting the lack of staying talent over there

Well worth a read ..Lots about his string and future running plans plus old Roy Rocket who seems to be gathering quite a following.And well deserved too
Korattt
Posts: 2405
Joined: Mon Dec 21, 2015 6:46 pm

I've a few but mainly,
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nivi7
Posts: 163
Joined: Mon Jul 01, 2019 9:53 pm

aim for a unit per day,anything more is greed
LinusP
Posts: 1871
Joined: Mon Jul 02, 2012 10:45 pm

nivi7 wrote:
Mon Sep 02, 2019 9:14 am
aim for a unit per day,anything more is greed
I think you are on the wrong forum.
nivi7
Posts: 163
Joined: Mon Jul 01, 2019 9:53 pm

LinusP wrote:
Mon Sep 02, 2019 10:15 am
nivi7 wrote:
Mon Sep 02, 2019 9:14 am
aim for a unit per day,anything more is greed
I think you are on the wrong forum.
why?
LinusP
Posts: 1871
Joined: Mon Jul 02, 2012 10:45 pm

nivi7 wrote:
Mon Sep 02, 2019 10:29 am
LinusP wrote:
Mon Sep 02, 2019 10:15 am
nivi7 wrote:
Mon Sep 02, 2019 9:14 am
aim for a unit per day,anything more is greed
I think you are on the wrong forum.
why?
Stopping because you have made a 'unit' goes against everything anyone who makes money in this game will tell you.

Have a read of Thinking Fast and Slow.
Wildly
Posts: 229
Joined: Wed Nov 28, 2012 7:31 am
Location: Australia

ShaunWhite wrote:
Thu Jun 28, 2018 2:51 pm
Before going for a night out, my old man used to tell me... "If you're not in bed by midnight, come home."
This is why we need a 'like' button here.
From here on, this is what my old man told me too.
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Wildly wrote:
Mon Sep 02, 2019 1:20 pm
This is why we need a 'like' button here.
;) It loses some of the humour in the telling but set against the usual teenagers' curfews and warnings like "if you're not home by midnight you'll be in trouble" it was amusing at the time.
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

nivi7 wrote:
Mon Sep 02, 2019 9:14 am
aim for a unit per day,anything more is greed
Every trade (or bet) stands completely on it's own and winning or losing on the previous trade is irrevelent. https://en.wikipedia.org/wiki/Gambler%27s_fallacy

Sometimes that previous trade is the previous day, sometimes it's the previous minute. Drawing a like across your results whenever the sun sets or comes up is illogical.

I agree greed is bad thing, that's a given, but opportunities don't come along in a nice steady flow, some days there are none and some days there are lots. Take what you can when you can.
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Kai
Posts: 6092
Joined: Tue Jan 20, 2015 12:21 pm

Love your attitude Shaun to keep trying to educate, when most others have surely given up by now :)
nivi7
Posts: 163
Joined: Mon Jul 01, 2019 9:53 pm

ShaunWhite wrote:
Mon Sep 02, 2019 3:32 pm
nivi7 wrote:
Mon Sep 02, 2019 9:14 am
aim for a unit per day,anything more is greed
Every trade (or bet) stands completely on it's own and winning or losing on the previous trade is irrevelent. https://en.wikipedia.org/wiki/Gambler%27s_fallacy

Sometimes that previous trade is the previous day, sometimes it's the previous minute. Drawing a like across your results whenever the sun sets or comes up is illogical.

I agree greed is bad thing, that's a given, but opportunities don't come along in a nice steady flow, some days there are none and some days there are lots. Take what you can when you can.
i know the gamblers fallacy but how do you connect it with a unit per day advice?
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Because winning 1 unit at 2pm has no impact on the opportunities that might come up at 5pm. You seem to think that if you win once you will lose the next one. If you win 1 unit are you suggesting to take the rest of the day off! Does a shop close when it sells 1 item? And what if you have 10 losing days, how will you ever catch up if you only want 1 unit per day?

Can you explain why you want to stop work when you've made 1 unit? I can't see how that makes sense.
TipTopTrader
Posts: 462
Joined: Fri Feb 16, 2018 8:29 pm

LinusP wrote:
Mon Sep 02, 2019 10:15 am
nivi7 wrote:
Mon Sep 02, 2019 9:14 am
aim for a unit per day,anything more is greed
I think you are on the wrong forum.
If you don't have plan, you plan to fail!!!
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

TipTopTrader wrote:
Tue Sep 03, 2019 5:44 am
LinusP wrote:
Mon Sep 02, 2019 10:15 am
nivi7 wrote:
Mon Sep 02, 2019 9:14 am
aim for a unit per day,anything more is greed
I think you are on the wrong forum.
If you don't have plan, you plan to fail!!!
It has to be the right plan, not just any plan.
nivi7
Posts: 163
Joined: Mon Jul 01, 2019 9:53 pm

ShaunWhite wrote:
Tue Sep 03, 2019 5:58 am

It has to be the right plan, not just any plan.

if the bankroll grows then its right plan
if it doesnt then its wrong
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