Establishing Loss Limits and Win Goals
Improve your bankroll management with two tactics: a loss limit and a win goal. Your loss limit is a point where you stop playing for that session. It shields you from the urge to chase losses. Your win goal is a target profit. Once you reach it, you can choose to secure some winnings and play on with your original stake, or simply cash out. For example, with a £50 bankroll, you might choose to stop if you lose £40, and shoot for a £75 profit. This disciplined plan takes emotion out from the equation. It transforms your play into a more controlled, tactical activity. This is what smart players do.