Thread: Risk of Ruin
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  #10  
Old 07-25-2005, 01:39 PM
Dan Mezick Dan Mezick is offline
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Join Date: Jun 2004
Location: Foxwoods area
Posts: 297
Default Re: Risk of Ruin

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idea is that you get stuck in the cycle of changing stakes, and never seem to make a profit. Since you win at lower stakes and lose at higher.

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This is directly related to RoR and indirectly related to taking responsibility for all results.

If you know by moving up you are increasing your RoR by a factor of 3,4,5 or even 10, you will be much less likely to make the move until and unless all conditions (proper bankroll) are in place for an acceptable RoR at the new level.

Items that get measured tend to get managed, items managed tend to improve. Attention is essential to perception.

This is especially true of risk.
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