I chase. I cant stop myself from chasing. I do it every time.
If I had 2k, I lost 1k betting MLB, I would bet an Australian Ping Pong game to get my money back at the end of the day if I had to.
If I lose a few units, it is very difficult for me to call it a day. Next to impossible.
Sad. At least you're honest. The above quote is why you'll crash and burn. You can hit 70%, but picking winners is not what its all about. It's about controlling your impulses. Gamblers are neurotics with an unconscious wish to lose and therefore will always lose in the long run according to psychoanalytic theory. I'm currently working on a behavioral approach Model in order circumvent or control the impulse to beat ourselves. I'll be publishing the results soon.