Whilst betting can be exciting & totally unpredictable, It can also be stressful & an emotional roller coaster. It is very important to have a structure of your betting activities in place & the three most important things in my opinion are -
1. Discipline - Without this there is no point, as you'll always lose in the end. Never double up on a loser or get even with the market, as this is the quickest route to the poor house. Always stick to the rules & don't drift from them.
2. System - Have something in place which gives you an edge over the bookmaker or fellow punters on the exchanges. Don't drift from the plan, when you get the inevitable losing run & don't follow the crowd, stick to your rules.
3. Compounding - With the art of compounding you can quickly grow your betting bank. If you make profit from the profit you've already made, you can turn £1000 into £1500 quite quickly & the fact you've done it from the profit already achieved, gives you more satisfaction.
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