Late last winter I went thru my worst stretch betting wise since I started doing this a lot more serious. It wasnt so much I was losing a ton of money (down over a 100 or so day peorid, meaning no profits at all) but basically I wasnt winning anything and looking back i started to think how much of a waste of time this was and how menatlly draining it was for really NOTHING, etc..
I started to second guess a lot of things and I started to look into it a little and it led me to start reading stock trading psychologoy books. Which I think are great. I am not sure any people here read these but I love them. Along the way I started to jot somethings down as I thought it compared heavily to betting sports. Now I have always been one that felt like both investments and the daily struggles that go with them were pretty much the same but I was stunned on how great of literature there was on this subject from daily traders and how they coped with they ups and downs of doing this (and no writing's from sports bettors, who would have thought that, LOL).
Since I started coming to the RX a few years back I have always tried writing down some quality things I have read along the way from here and from time to time at other sites and that is also included. So guys like Fishhead you may recognize some of this, LOL. Some of this is my own stuff I have expiernced also.
This isnt nothing to earth shattering but I read it from time to time to help me straighten out my thoughts and I think it helps out a ton for me. I love to read already but the best way to learn something is to read it over and over then obviosuly go apply it. Like I said most of this is from the stock trading psychologoy books. I have a whole other huge section about gambling that I can post if others like this. Like I said some of this stuff is is really basic but remember this is from as early as the first days I was here. There is no order or rhyme or reason to this, just random thoughts I have acquired from different people. Like I said keep in mind most of this is written by daily stock traders so that is why the refernce "traders" is in here so much but they are doing pretty much the same thing as daily/weekly sports bettors are doing. Remeber this is "pshychology" type stuff also (I have some gambling stuff I will share later).
Hopefully this helps someone else as much as it has helped me. I have so much written down that I will pop in from time to time to, as I cant get in all done in one sitting.
I started to second guess a lot of things and I started to look into it a little and it led me to start reading stock trading psychologoy books. Which I think are great. I am not sure any people here read these but I love them. Along the way I started to jot somethings down as I thought it compared heavily to betting sports. Now I have always been one that felt like both investments and the daily struggles that go with them were pretty much the same but I was stunned on how great of literature there was on this subject from daily traders and how they coped with they ups and downs of doing this (and no writing's from sports bettors, who would have thought that, LOL).
Since I started coming to the RX a few years back I have always tried writing down some quality things I have read along the way from here and from time to time at other sites and that is also included. So guys like Fishhead you may recognize some of this, LOL. Some of this is my own stuff I have expiernced also.
This isnt nothing to earth shattering but I read it from time to time to help me straighten out my thoughts and I think it helps out a ton for me. I love to read already but the best way to learn something is to read it over and over then obviosuly go apply it. Like I said most of this is from the stock trading psychologoy books. I have a whole other huge section about gambling that I can post if others like this. Like I said some of this stuff is is really basic but remember this is from as early as the first days I was here. There is no order or rhyme or reason to this, just random thoughts I have acquired from different people. Like I said keep in mind most of this is written by daily stock traders so that is why the refernce "traders" is in here so much but they are doing pretty much the same thing as daily/weekly sports bettors are doing. Remeber this is "pshychology" type stuff also (I have some gambling stuff I will share later).
Hopefully this helps someone else as much as it has helped me. I have so much written down that I will pop in from time to time to, as I cant get in all done in one sitting.
