Yesterday was the worst day for my tips for a long time, with a loss of four points!
Now I would be lying if I said that I did not find it painful when something like that happens and I must confess that when I checked the results last night I did get a sinking feeling in my gut. For most of us it is painful enough handling a big loss of our own, but when you know that others will have lost money based on your tips it magnifies that pain.
However as I keep saying this is a long term game and one day’s results whether really good or really bad should not really have much effect on our outlooks. My selections did run their races with two of them only narrowly missed out on a place.
I think what made yesterdays result hurt so much was that I have been on a good run for quite a while now and that can lead to false expectations of success every time a selection runs.
Am I going to approach my selections any different now because of yesterday’s results? Of course not, they have been profitable every month up to now and are still just in profit this month even after yesterday’s results have been taken into account.
You may be saying; “Why write this post then?” Which is a valid question and my reply is that up to now because my selections have been doing so well, I have just been reporting success which as I have said can lead to false expectations. Well yesterday’s results have allowed me to show that I will be open on the blog and report my failures as well, also I want my blogs readers to see that; yes of course a big loss hurts but the best way of dealing with it is to stay in control of your emotions and stick to the plan.
There was a time, not too long ago where an unexpected big loss like yesterdays would have had a major effect on me, which normally resulted in a stupid and even bigger loss inducing overreaction, So I am pleased with how far I have moved forward in my approach to sports speculation.
I hope you have enjoyed this post