Volumes have been written on this subject, on this website.
The bottom line is you can't teach how to make money in this game........all of the money management formulas and strategies in the world don't mean anything unless you can make more money from your winners than you lose on your losers (added to the vig cost of course).
Pile on when you are winning, and cut bet size when you are losing. Forget about the "high water mark" that your bankroll has hit, and focus on picking winners rather than chasing an irrelevant figure.
Try and identify "why" you are winning or losing; then try and figure out if your approach is valid, or luck.
Volumes have been written on this subject, on this website.
The bottom line is you can't teach how to make money in this game........all of the money management formulas and strategies in the world don't mean anything unless you can make more money from your winners than you lose on your losers (added to the vig cost of course).
Pile on when you are winning, and cut bet size when you are losing. Forget about the "high water mark" that your bankroll has hit, and focus on picking winners rather than chasing an irrelevant figure.
Try and identify "why" you are winning or losing; then try and figure out if your approach is valid, or luck.
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