04-11-2005, 10:25 AM
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Member
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Join Date: Sep 2003
Posts: 76
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Originally Posted by Roberto
Thanks very much for passing this on, Dave. I have one problem with it, though ...
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No problem, Share and share alike, that's the purpose of these boards, no?
Quote:
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Originally Posted by Roberto
Well that's wrong for a start, isn't it? That would be right if they'd advised using a 20-point bank (5% staking), surely? But they've actually advised a 10-point bank (10% staking). (My guess is that whoever replied to your email was momentarily confused between their "back to win" system and their "3M system".)
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100% correct
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Originally Posted by Roberto
Interesting ... I wish you well with that: my guess is that if all goes well you'll do better than I will, but I think you're taking a bigger chance of an accident, also. One unlucky day with (say) 6 races would almost destroy your bank, no? Maybe I'm being too conservative, though: time will tell.
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Yes, I do risk destruction but I am now at the stage where I am on "won money" so I can afford a little recklessness. Anyway using the % method it always protects except in the case of a major wipeout. I do not think you are being overly cautious, risk management is a very personal thing and my only comment would be that as long as you have risk management in place that is fine.
PS, Think I have the quote tool sorted?
On another subject I have just come across your very interesting posts on Ross hooks. That is much more to my interest. Unless RTW prove to be stunningly successful!
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