Thursday, 5 January 2012

End of 2011 Update - Part 2

This update is more to look ahead to the next Gregorian year rather than reflect on the last (see part 1). This is going to be more or less just a list of personal goals and resolutions for the year, but since the new year always seems hectic I'll be starting these rules and goals proper from the 7th January. Although the first week of year for all my stats will run from the beginning of the year.

Right seeming as this is a gambling blog I thought my aims in regards to this should go first. I've done my best to shorten it to five, could probably include a lot more but five things is comfortable to remember and I can keep it fresh in my mind and hopefully then practise what I preach.

  1. Discipline, Discipline, Discipline - Did I mention the word at discipline at some point. Whatever the situation or monetary amount I shall do my best to stay disciplined at all times. That means no chasing and sticking to my own rules.
  2. Follow my systems and staking plans religiously and keep detailed records - I've got my set systems and a sensible staking plan in mind, in someways that's the easy part. The most important thing to do is to stick by this at all times. By that I mean no mistakes and no ill-discipline. In addition keeping good and detailed records is important to determine whether a system is worth continuing with or not.
  3. Take advantage of bookmakers offers and arbing opportunities - may not be the most exciting or glamorous type of betting but I've shown that it can earn you a decent profit if done effectively. I made over £200 last year taking advantage of such situation and I know for certain there was other offers and arbs I could have got involved in to earn myself a much bigger profit.
  4. Try my hand at poker more often and read poker/trading books - I've decided that this is the year I try and take poker more seriously, usually play for a bit of fun. But considering putting some serious effort into this and treat more like business than pleasure. Also to read and re-read a few recommended poker books I've got as well as other gambling literature including e-books on trading psychology.
  5. Try to break-even - That's it quite simple really, my aim is to try and break-even for the year. May think I sound crazy here, but after the year just gone by a break-even year would be an improvement. I feel like I've been gambling for years upon years but I'm sure there's plenty more experience I can gain over the course of the next year. The profit in a sense is a by-product of having an edge and also having the mindset to cope the variance that comes with gambling. I'm hoping understanding greater the game of poker can also help me with my mindset when it comes to gambling.

Right there are my gambling aims for the year. I was going to post a list of my personal resolutions but I think I'll spare boring people with the usually eat healthy, exercise more speech. My one main aim in my personal life is to try and get on the job ladder, which I'm finding increasingly difficult. In addition my main motto or though going into the new year is to try and enjoy myself more. I can admit to being a bit negative at times, I'm determined to have a more positive outlook on things.

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