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Let's talk about clever stop-loss techniques.

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Post time 10-11-2023 12:39:12 | Show all posts |Read mode
Edited by Iravan774 at 22-12-2023 12:15 PM

"Chopping wood for a thousand days, and it's gone in a day?" – Let's talk about clever stop-loss techniques.

Over a decade ago, when I first got into gambling, an elder once told me that the first lesson in gambling is to learn how to set stop-loss limits. Even with good luck, without stop-loss, you'll end up burning all your gains in a day. The principle is simple, but not many can follow it. On the flip side, if it were easy to stop losses, we wouldn't get addicted to gambling. Over the years, I've thought of several techniques to implement stop-loss, and today, I'd like to share how I do it.

1.Separate your living expenses from your gambling funds.
2.Avoid easy access to your funds.
3.Reward yourself when you win, as a reminder.
4.When on a losing streak, consider changing to a different casino or gaming platform.
Additionally, when you're losing, try taking a break, having a drink, or going for a walk. These are some methods to calm down and help with stop-loss. These are all the techniques I use to stop my losses. I can't claim they are miraculous, but they have significantly helped maintain a normal life and prevent the situation where you're chopping wood for a thousand days and burning it all in a single day. I hope my stop-loss tips are helpful to you. Feel free to discuss and share your thoughts.
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Post time 10-11-2023 12:53:37 | Show all posts
Stop loss is about staying calm. Those who can stay calm certainly possess the wisdom of setting a stop loss.
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Post time 10-11-2023 12:56:36 | Show all posts
How to set a stop loss is also something you need to learn.
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Post time 10-11-2023 12:59:35 | Show all posts
The mentality to set a stop loss isn't something that an average person can easily achieve.
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Post time 10-11-2023 20:51:45 | Show all posts
Anyway, I can't control myself.
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Post time 10-11-2023 20:52:17 | Show all posts
Setting a stop-loss is indeed quite challenging, especially when it comes to identifying the right point to stop.
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