Quote:
Originally Posted by Like
If OP is a complete noob he "should" be betting 0, or any amount that he can afford to lose. Since hes on this forum and is even aware that he doesnt have an edge but could have one eventually, he should be following Mr Rod's advice. Which is aggressively attacking tiny markets. Ascribing 1-3 "stars" and changing your unit size based on that is dumb since theres no way he has an edge, nevermind is able to quantify it. And betting .25% of a 200 dollar roll? Id rather close a garage door on my forearm
This is what I said. What are you arguing w/ me about?
As for the Star-System, it was answering his question about the confidence levels being assigned to plays he likes. By plotting position size against performance it will teach him not only about his methodology but himself.
I said this advice is not for Advanced Punters, they don't need my advice.
I said Bet Size should be determined by your perceived Edge... He's not ready for that, yet.
It's Ok for him to get into the game and Micro-trade, it's actually helpful. With Skin in the game, no matter how little, he will be incetivized to figure **** out.... it's human nature.