Originally Posted by
MisterV
Originally Posted by
Alan Mendelson
Gambling is your only income. That's sad.
Why "sad?"
It's sad that he cant take off. He can't let an employer pay for his retirement. He cant have an employer pay for his health insurance. He doesn't get sick pay.
And he's DEPENDENT on a stop loss strategy. He knows that he cant blow thru his bankroll because his bankroll is his job. He must conserve wins and he must limit losses.
Unlike someone with a job he cant replenish his gambling bankroll with his next paycheck.
Frankly he's the poster child for why a stop loss program is essential. If he loses too much he loses his chance to work and his chance to win.