I think we read the same article Ubetido.
I've never read so much twaddle [to fill space I think] in my life. Punting is nothing like the stock market [futures market perhaps] and setting up an investment portfolio and strategy plan [nice and steady]. Punting is a more like a roller coaster, but it can be ridden smoothly with practice.

When I'm having a good run [of opportunity] I don't get carried away, I take advantage of the situation and jump all over it in a very controlled manner [increase my bet sizes]. I do the opposite in a bad run [lack of edge]. The ability to take advantage of opportunity leads to successful punting. Some punters posses that bent, courage, gambling spirit [call it what you like] and some punters don't, they become cautious and the opportunity is gone. They steadily lose. Winning is rarely 'steady', it's taking advantage of a good situation that creates profit. Sometimes it comes like bunches of grapes [rarely] and others we have to shoulder the shovel and go out and dig.

Think poker. If a poker player has a full hand or better what do they do? They maximize and raise stakes where possible. Present a cautious punter with a huge 'overlay' and what do they do? They wet themselves and think something is wrong and if anything reduce their bet. Offer me 7/1 on something I think should be 2/1 and I will triple my bet as quick as a flash. That's my 'betting plan'.

Opportunity doesn't knock on our door that often, so we have to work searching for it and when found, exploit it. The harder a punter works at looking for 'edge', the more of it they will find. At the same time they have to work at recognizing lack of it and be able to stop throwing money at it. Those two things are the hard part for most punters to deal with. Personally, I'm still working on them both, but I'm making a fair fist of it.