Wednesday, 4 July 2007

Wednesday 4th July

Just a quickie today....

Is there any truth in the adage that a racing system that can't profit to level stakes won't work at all? I'm personally doubtful about this, but of course, in this business, everything depends on your tolerance of risk and your desire for reward. Some staking plans are plainly suicidal. Others involve a degree of risk but clearly do work in the long term. So, my question is when does a staking plan become nothing more than "chasing losers"? I think the answer to this question contains the true secret of gambling (investing?) success. More on these musings at a later date...

Btw, I haven't been posting so many of my days selections as I've been hard at work on the new "Private Box" service which is getting ready to launch. More info on this too, soon.....

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