Quotation Of The Week – Are You Ready For A Long Journey?


First a quick reminder of what the Quotation Of The Weekaward is all about:

The idea is simple: Every time I find a quotation that I think will add real value for my blogs readers, I will bookmark it and put it on my list to be the: Quotation of the Week.

I will then write a post similar to this one explaining why I have decided on that particular weeks Quotation.

I will also link to it from my Quotation of the week icon situated near the top of my side bar

I will aim to publish my Quotation of the week award every Friday.

For a full list of previous winners visit my ‘Quotation Of The WeekPage.

This week’s winner of my ‘Quotation of the week award is:


"A journey of a thousand miles begins with a single step."


Lao-Tzu -- Chinese philosopher (604 BC - 531 BC).


I was reminded of the above quote by Jake the author of the excellent The Bankbuilder blog.

This particular quotation has an extra significance for me at the moment as I am just setting out on a new journey with my £1 A Day Patient Staking Approach.

I think that all to often myself, and sports speculators in general, get sucked into becoming too focused on the results of our daily struggles with the sports markets, which of course usually lead to the inevitable results!!

I believe that I have structured my new approach so that it encourages me to focus, as much as possible, on the long term potential for profit, which will hopefully eliminate the urge for quick results on a daily basis.

Will I succeed? Only time will tell!

Finally a question: What mechanisms do you use to ensure that you remain focused on the long term?

I hope you have enjoyed this post
Stay patient
Mark

2 comments:

  1. One of the most important lessons to learn as an investor, punter, gambler is the uncertainty as we NEVER know that any individual wager or any sequence of wagers will be successful. This is a fact. With this in mind our job is to work hard and place intelligent, well thought out wagers with value and never get disappointed in the results simply because the bet was a pure uncertain situation from the start..well thought out and high percentage wise..but never guaranteed.

    Jake

    ReplyDelete
  2. Hi Jake

    Thanks for the comment.

    Your comments always add so much to any post.

    You are correct of course, we are dealing with uncertainty and it is amazing how our minds try to turn such a fluid topic into one that is somehow fixed.

    I, like you, am sure that is the reason for our disappointment when our expected outcomes do not occur.

    Thanks again
    Mark

    ReplyDelete

Note: only a member of this blog may post a comment.