In the world of gambling, there can be few weapons as powerful as inaction. In fact, if you don't understand this concept then you probably have next to no chance of making it pay. I seriously doubt many give it much thought.

During an average day I might come accross 50 markets (or more) that meet my usual criteria. If none of them offer a suitable situation for me to have a bet, then I - do nothing. ~he's stating the obvious isn't he ?~ I don't think I am. Here's the important point for our money - during that time we haven't lost. Think about that for a minute, I can't emphasize it enough...

Professional poker players will tell you the importance of exercising the option to fold. If your hand is not strong enough or in the right position - fold - do nothing. It doesnt cost anything and it's made you money by not giving it away in a situation where you weren't in the right.

A market or situation that doesnt suit you, is a market full of other people happy to take you on. Don't give them the satisfaction, this is about you, using free will and choosing to beat them at their game, albeit - invisibly.

It tends to go against human nature. It can be difficult. Patience will be tested, but the rewards are potentially huge, especially if you are someone who can't resist having a bet. Everytime you have a bet and you haven't had a clear signal that it's a good idea, then it's more than likely costing you cash in the long run.