Delaying a fear
I want to start with a story: when I was in year 10, I was learning about the Holocaust in history class, and we had to watch a documentary where Jews were being forced at gunpoint to literally dig their own graves, and then go inside the grave and lie down, so that the Nazis could shoot them without putting any effort in.
I asked my teacher "that doesn't make sense. If they knew that they were going to die anyway, why dig the grave? Why not fight back or run away?" And my teacher replied "it's human nature to try to delay bad things from happening for as long as possible."
Venice's post really struck a chord with me, because it made me realise that I, too, am guilty of behaving in this way: of metaphorically digging my own grave, because I'm trying to delay a bad thing from happening for as long as possible (fear of going busto):
Quote:
Originally Posted by venice10
Paging Dr. Martingale.
TBH, I don't expect you to punt off $1200. Your history shows that your instinct for preservation will kick in when you have about $400 left to keep the illusion that you can still play if you wanted.
Now, there was 1 rational reason for me delaying putting volume in at the casino: tomorrow is my birthday and I had a fear of going busto immediately before then. Like your birthday is supposed to be a happy day when you celebrate the fact that you were born, so I didn't want to spend my birthday sulking at all the money I'd lost a few days prior.
The reality is though that these special events are always going to show up. There's always going to be a birthday, an anniversary, a family event, a holiday, etc. Instead of avoiding volume before these big events, in fear of spending these days in misery, I should train myself not to get so emotional over these wins and losses in the first place. I should train myself not to care so much.
If I bust, then so what? I'm not going to starve to death, end up homeless or lose access to medical care. I still have plenty of safety nets in place. So I need to just stop fearing the simple reality that I might go busto soon, due to variance beyond my control. I need to just play and not think about it.
I want to be like the Jew that makes a run for it, knowing there's a 99.9% chance he'll die, rather than the Jew who digs his own grave, knowing that there's a 100% chance he'll die. And this is easier said than done, but I'm going to try my best.