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TheRumpledOne
6,358 posts
msg #64894
Ignore TheRumpledOne
7/11/2008 7:55:01 PM

This is about video poker but can be applied to trading.

http://www.vptruth.com/consistent.cfm

How Does Rob Achieve Such Consistent Results?

I don't rely on the Royal Flush to win so often, and you don't have to either. In fact, with the exception of 2000, I have received very few Royals - considering my Play Strategy goes for them more often than straight expert strategy does.

There are 3 main reasons why I'm able to achieve results that are beyond what the game's gurus either exclaim what you should expect to experience at best....or achieve themselves -- assuming their policy of continuous computer-perfect play of course:

First, I play with the proper bankroll for my win requirement. I don't simply plan a trip and go to LV with whatever I can save to play with - which translates into a losing visit for over 95% of those who do that.

Second, I progress in denomination as needed up through 2400 credits worth. Think about it. When you sit at your machine(s), do you not eventually see a big winner when playing with that type of bankroll? When I play and the big winner comes in the form of a quad, special quad (thus, the reason for only playing Bonus Poker & advanced Bonus machines) or higher, it actually means much more than having more credits to play on and on with - while being able to rack up thousands of slot club points for whatever foolish reasons. This lucky hand had nothing to do with skill, (the math geeks would have you believe it's 90% skill -- How hard is it to realize that you made a common-sense hold and you got a very exciting draw....or you were extremely lucky on the deal?) and since it allows me to reach one or more of my goals, it actually means something. Because I progress, the big hit is not a normal win at a singular denomination. I start play at dollars, and if I see four fours with a kicker at the $10 DDB machine, that's $8000, but it would only be $800 on dollars - and usually hardly enough to even get ahead with. Additionally, there are many smaller cash outs in-between quads, and on rare occasion I win with no four-of-a-kinds.

And third, I have trained myself to have the discipline to always do what I say I am going to do when playing - which is VERY difficult to be able to do when involved in hot casino action. This, of course, is the far greater challenge, because you are relying on human ability only, and all the while you are being tempted almost beyond control by all that the casino has to offer. That is why if you really want to win but find yourself playing for the points, comps, cash back, casino jackets, or VIP-type recognition, you will always fail. While the game is based purely on science, it must be played as a form of art. People can do that because we are not simply machines. We are THINKING machines. Put some of your own thoughts into this reasoning the next time you play. And good luck, because that's the ONLY way anyone ever wins.

TheRumpledOne
6,358 posts
msg #64895
Ignore TheRumpledOne
7/11/2008 7:56:19 PM

http://www.vptruth.com/tenrules.cfm

10 Rules of Playing Winning Video Poker

1. The ONLY way anyone can be capable of winning on a consistent basis is through unwavering discipline. Learn it - or keep losing.

2. Accept that every time you play you are trying to win money. You are playing only in short-term bursts. There is no theoretical long-term for humans. Losing is never an acceptable option.

3. Always take the proper bankroll WITH you for your play level. This is not some mythical mathematical figure created in the clouds. It is simply that which you can comfortably afford to lose based on 400 credits of the highest denomination you intend to play.

4. NEVER use a casino ATM. NEVER obtain or sign up for Casino Credit. These are casino tools used to take more of your money than you were prepared to give up when you came in the doors, and they very effectively prey on the weak. One look at facial expressions in ATM lines or at Casino Cage Credit lines verifies this.

5. Always play with a clear mind, a clean slate, and in an alert mode. You’ll have plenty of time to worry about your problems when you get home. And be confident. The old saying “scared money never won a dime” is much truer than you think.

6. Always go into your sessions knowing…and believing…that regardless of what game you choose to play with whatever pay tables, percentages are ALWAYS on the side of the casino. Short Term Strategy easily overcomes this house edge because they’re betting on the long term and you’re not.

7. Learn to play how YOU want to and not how the casino expects you to. In reality and by a great margin, most players are ahead at some point in their session – whether it’s 5 cents or $5000, yet almost all of these players go home a loser. Train yourself to set goals and quit when attained. Either that, or join millions of others who continue to help build beautiful casinos by chasing losers or trying to win more.

8. Understand the powerful temptations of the Slot Club Card. Use it wisely….as only < 1% of all players do. Did you come into the casino to win money - or pile up the points? Are you impressed by what you read about and hear in the media when people brag, or are you beyond all that misleading nonsense? Are you controlled by all the sweet-looking offers and promotions sent and advertised by casino marketing departments, or do you march to the beat of your own video poker drum? Winning players know the correct answers here. Losers are sitting red-faced, wondering how I can read their minds from afar.

9. Do not become overwhelmed by casino distractions. Come in, win your goal, and leave. Do you enjoy all the excitement and the incredibly inviting atmosphere? Don’t worry, it will still be there tomorrow. Are you finding yourself staying at your machine in order to give more than an occasional glance at the cocktail waitresses T&A? Take it elsewhere. There’s plenty of ‘joints’ around. Are you envious that you’ve only won $50 while the fool next to you hit a Royal, and you feel you can too if you stayed another hour? Think about all the times in the past when you’ve done that. Where did it get you?

10. Plan, be prepared, and always do what you said you were going to do BEFORE walking in those casino doors. Winners eventually learn this inside out. Losers easily become mesmerized by exciting casino action, and are some of the world’s best at redundant wishing.


miketranz
671 posts
msg #64898
Ignore miketranz
7/11/2008 10:30:06 PM

Rob has good rules,but #1 is the bottom line.You'll never make any money in the markets without it.Discipline separates the winners from the losers..............

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