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Originally Posted by downbylaw
This i find interesting. Ive always heard when its something you love its as if its not even work.. Surely living on the punt would free up time for other things you are interested in? Im not saying its easy at all where you get to lounge around all day, but you name your own hours for starters and work from home.
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downbylaw,
Punting is generally a very lonely business, which is why forums like this and others are a buzz of activity. I don't think darky is saying he doesn't enjoy it when he's betting and the races are on, I think he's saying that there are vast amounts of time where nothing happens, and of course, there is pressure.
I don't mind posting that I'm going through a very tough time at present with my main method, you have to be very tough psychologically and be able to withstand the enormous rollercoaster of performance. I enjoy the punt, but do not enjoy the fluctuations of ups and downs.
There is nothing more gratifying when you're right and it all falls into place, the challenge is withstanding when you are wrong. Not just the bank, but the psychological effect - especially if the downturn lasts a while.
I find myself breaking out the data to recheck, questioning my method from every angle, where did I go wrong, why is this happening, was this inevitable, will it continue, should I stop and reassess etc etc.
Of course, after spending countless hours, the conclusion is always the same, it's just a part of the overall result and I must persist, as if I now stop, I will cost myself money when things even out.
One can have a huge bank, a red hot method, but the challenge is more mental than anything else.