Learning Finance From Professional Gamblers
Some time ago, I met a new friend in a very long training event. Training or training lasts for 10 days and every day the schedule starts at dawn at 4, ends at 9 o’clock at night.
Quite tiring but also very enlightening at the same time because there I learned a lot of things that are very useful. In this training program, I became acquainted with many new friends from various professions, ranging from doctors, bankers, businessmen, property investors, and many more.
One of the new friends I know there, just call her name Udin. Long story short, Udin claimed his profession for a dozen years was a gambler. And he managed to support his wife and two children for a dozen years from the results of playing gambling. That wrong … he did not want to be called gambling players. But he called himself a businessman gambling
And he calls himself a gambling businessman, who has the principle of not wanting to harm others. So he never wanted to gamble with friends or individual individuals. But what he did to gamble was to go to casinos in foreign casinos like Singapore, Malaysia, Macau, etc.
Maybe when you read my description of the Udin, some of you read it while frowning you … hehehe…
Never mind you, I just told him that he was among the rare people. Because this is the first time I have become acquainted with someone who has a profession like this.
Now friends, regardless of what Udin has done to finance his life for the past dozen years, regardless of moral or ethical right or wrong, apart from the “judgment” or “judgment” of the community against the image of a gambler in general, when listening to stories the story he said, there are things that I salute and admire from the life and financial principles that he explained.
When I ask if every time he gambles in the casino, he always wins and gets money to take home?
He honestly and openly, says NO.
There are times when he also loses and runs out of the capital gambling business that brought to the casino. And Udin said that one of the principles he had held up in gambling was not to use EMOTION. In the sense of winning, you had to know when to stop, don’t get greedy. And when you lose, you also have to know when to stop. Don’t try to avenge defeat or return lost money.
For those of you who have read and participated in best essay writing service. Of course you already understand that the principle of not using emotions is also the number 1 rule that an investor must master in negotiating.
Not that investing in property is the same as gambling, because this is clearly a different matter. But what I want to emphasize here is, if the rules do not use emotion. It is proven that Udin can earn money for his family’s living expenses for the past dozen years by becoming a professional gambler. Meaning that in the success of a successful professional investor and businessman. This rule also has a very important role.
When I asked Udin if you lost when gambling, what did you do?
Udin said, he immediately stopped and went home. Then for several months, he did not go gambling first. To conduct evaluations and introspections. What was the cause of his defeat?
And if he has found where the error lies that made him lose, he corrects his gambling strategy. While waiting for his emotions to be neutral, then he departs again to do his gambling business. Sometimes he doesn’t go gambling, for months, even almost half a year.
Well, the question continues, how does he support his family for months, if he doesn’t make money?
What he said then really made me salute and admire. He said, “Yes, I use money management. I use financial management in managing family finances all this time. ”
Wooow … Extraordinary!!
Apparently this is one of the secrets that made him able to support his family from the results of gambling a dozen this year.
Then he continued by saying, “Even if my wife” scattered money “, or she is shopping for unnecessary items. I advise you to like this, PRICE MONEY, then MONEY WILL OUR PRICE …”
Wow … At that moment I immediately gave my two thumbs up to Udin
I really salute and be amazed by this principle of him. It turns out that this is another secret principle of his. So that he can live on the results of gambling that are uncertain. Sometimes winning sometimes losing.
For those of you who have attended gambling online, of course, you already understand correctly. What is taught and practiced in the workshop to do “Track to the penny” the money we have. Is the principle that is exactly the same as the principle of valuing money. Then money will respect us.
Now if someone whose profession is Judi online, whose income is uncertain. Really understands and practices the principles of financial management and really appreciates money. It’s really surprising that out there most people don’t manage their money well (meaning they don’t value their money). But want to be able to live with a luxury lifestyle. Want to be able to live financially free and enjoy a better life.