tag:blogger.com,1999:blog-4528393111359731672.post6118787984700167518..comments2024-03-24T00:19:53.054+00:00Comments on Green All Over: Bewildered And DepressedCassinihttp://www.blogger.com/profile/05879449876804295094noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4528393111359731672.post-48691875345848073632011-02-27T06:55:18.042+00:002011-02-27T06:55:18.042+00:00Hi Cassini
I can totally relate to your point abo...Hi Cassini<br /><br />I can totally relate to your point about too much choice is not always a good thing, especially with regards to trading/punting. <br /><br />I believe that the biggest obstacle that we face in specialising in certain markets is that the ‘the fear of missing out’ is so ingrained in our psyche that it sometimes overrides the rational decisions that we make, or as the old saying goes‘ The grass always appears greener on the other side’.<br /><br />I have just finished reading a great book called The Power Of Less by Leo Babauta ( zenhabits.net) He is an advocate of the idea that to achieve more it is good to have less choice. His approach is summed up with the phrase:<br /><br /> Identify the essential & Eliminate the rest.<br /><br />I believe that principle can be used to good effect in our sports speculation, by that I mean go for quality over quantity in our choices.<br /><br />I think you are on the right track by focusing on fewer games but I do not have the definitive answers to how we as punters/traders can pick the essential games to focus on, but here are a few of suggestions of how I believe we may be able to find profitable areas to focus on:<br /><br />With regards to football trading; I would say that for someone like yourself with extensive records that show where the majority of your profits come from, it should be a fairly straight forward process of finding where to focus your attention.<br /><br />For a novice football trader like myself with a limited set of records I think that it is just a case of trial and error until I find which niche markets and styles of trading suit me and then focusing on them to the exclusion of others.<br /><br />In the horseracing world where daily there are many races, each of which can have lots of runners, presenting a multitude of choices, the general consensus appears, to me, to be that you need to specialise in a certain type of race, or races and then have certain key criteria that allow you to quickly eliminate a good proportion of the runners leaving just a few to spend more quality time studying in the hope of finding a value pick.Markhttps://www.blogger.com/profile/17632643525010316960noreply@blogger.com