A question that I have frequently been asked over my years of investing is “What do I see as the reason people seem to fail at sports investment?” First off, I truly believe anyone can be a sports investor. Regardless of whether you are obsessed with sports like myself, or just a “regular Joe” watching sports here-and-there. This is how it all works out:
Why do so many people fail while trying to become a sports investor? Many people just jump in thinking that it will be a quick way to make money. It is definitely not. Some will come in betting on games without a system, or mathematical formula to tier their games when necessary. I will continue to teach everyone how to be successful in sports investment. I am confident that those who want it badly enough to put in hard work with discipline on the front end will succeed.
Before you ever bet your first wager, you must paper trail. Why? First of all, when someone gives you picks you should never just inherently trust them from day one. This is for everyone – myself included. If they are your own picks, write them on paper and see how it goes. It will not hurt you, it may actually help you to become a successful sports investor. Paper trailing is one of the most important steps – if not the most important step to success while investing. It is often the one step that is skipped throughout the process of becoming a successful investor. This is most likely due to the simple fact that everyone wishes to start making money immediately. Be sure to take the time to stop, and have patience. Your time will come. Through paper trailing, you can work on your money management, discipline and mindset. These three keys along with a successful system (which you will obtain while paper trailing) will lead you on your way to becoming a successful sports investor. Once you can do it successfully on paper, you will be ready to start investing. Do not make the mistake that most gamblers do and become too over-confident to paper trail. This is one of the biggest mistakes made when investing!
FixedEdge has done years of research, back testing, and have simulated decades of games to get some of the best inside information that is available on the sports investment market. Whatever ways I can be helpful to you, just let me know and I will point you in the right direction. It is a passion of mine to teach people how to invest and be successful at it, not only in sports investing but in life as well. Do not make the same mistakes most people do when sports investing because “Mistakes lead to gambling and gambling leads to failure!!”