5th June 2002, 11:00 PM
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Member
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Join Date: Jan 1970
Location: Melbourne
Posts: 740
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Quote:
On 2002-06-05 23:30, trend wrote:
15% of winners are below $4.
That leaves 4% above $20.
Good luck finding them every week.
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That's the point trend, you don't have to find them every week. There are daily punters and longterm punters.
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What do you have a problem with Quapi?
People making some challenging statements or are you just sticking up for your OZmium collegue EI?
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Let it be known, I have no connection to Ozmium or Quapi whatsoever, however, I do contribute to these forums on a daily basis. The community is fantastic and Quapi is trying to keep it a place to learn and intelligently discuss various aspects of horseracing.
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you reckon I don't know much. Well I would admit if I was struggling on the punt, rather than making excuses and saying - I'll win in the long term, cause I'm investing for the long haul.
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Trend, I never said you didn't know much about the punt. However, when someone criticises my selections without knowing the investment plan behind it, surely I am entitled to defend myself.
Investing for the longterm is not an excuse -it was an explanation of my objective.
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Aiming for 4% of winners is not a winning strategy - bread and butter should be the $4-12 winners, the $20+ winners are icing on the cake.
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The 10/1+ winners are where the profits lay.
"80% of my profit comes from 20% of my winners"
Pareto.
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Anyone who is any good at anything, can handle constructive criticism, unless of course they are insecure about their own knowledge.
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I am not out to prove anything, it's all about sharing ideas and learning something new off other members. CONSTRUCTIVE criticism is always welcome, and I try and share some of my knowledge with others.
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Treat your selection and staking methods not with optimism, nor with pessimism, but with realism.
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