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Author Topic: Never double down on gambling  (Read 44 times)

Offline lavskrypto

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Never double down on gambling
« on: February 20, 2019, 03:21:27 AM »
Never double down on gambling- Gambling is one of the dangerous addictive thing to do in this world especially if you have money. There is this one trick that prevents huge losses and that is prevention of doubling down. Many a times people go double or all in either their earnings after winning thinking it would yield same and better results as always but that is a psychological trick can really leave you wrecked if you donít take care.

Offline SpoKen

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Re: Never double down on gambling
« Reply #1 on: February 23, 2019, 07:19:44 AM »
This is also a problem with trading as traders get greedy and thinking they can make all the money in a single trade. They increase their stake and risk more but the end is always loss.

Offline The Journalist

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Re: Never double down on gambling
« Reply #2 on: March 13, 2019, 03:14:53 AM »
In Forex Trading, this doubling down is called Martingale Trading. It's very dangerous and gets accounts easily into margin calls. By the way, I don't do gambling. It's also greed on its own going into gambling.

 

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