Without doubt one of the hardest parts of this game is having the mental fortitude to deal with what this game throws at you. Lets be clear. Losing money and losing lots of money is and never will be fun. There will be huge highs (hopefully!) and significant lows.
A lot can depend upon which sports you bet on, which markets and how you bet. If you bet on a sport like football the swings will be a lot lower than golf for example. There is even a huge difference within golf between the Winner market and say the Top 10 market. There can be big differences between pre tournament and in running betting. Whether you are trading in and out of positions or just leaving bets. It really all relates to variance and also how you are running (Tweet 66). When things are going well it’s the easiest game in the world.
When it gets difficult it really can be the toughest of games. It can feel utterly unrelenting. Everything you do seems to go wrong. If there is a way for a bet to lose it will happen. Staying mentally strong in those situations is crucial. You have to trust the processes you have. Even with that trust there are no certainties that you haven’t lost your edge. You have to stay disciplined. Show emotional control. It takes a lot mental fortitude to keep grinding away in the face of serious adversity. You have to be honest with yourself about the current situation though.
It does really help if you have a track record of success behind you when going through tough times. Knowing you have been there before and emerged from the other side really gives you that glimmer of light that is often all that is needed to keep going/make good decisions.
As tough as it is you have to try and stay as positive as you can. Its where if you work with other people in a partnership, it can really help. You can commiserate each other with your hard luck stories! You can also reassure each other about what is happening and the processes being used.
Things can often change very quickly. Once you are back to winning you will wonder what the fuss was about, but those tough days and how you behave during them will determine whether you are a success or not in this game.
ProPunting 