I have been trading stocks for 4 years. Well technically buying and holding. Since i started my portfolio grew 50%. All long term stocks and I haven't sold a single stock that I bought yet. In a span 1 month, Corona Virus ate all my gain from 4 years and some more. I was doing some research since then and landed on an interesting article stock market vs sports betting and line there caught my attention: "The biggest advantage for sports bettors is that their performance is recession proof since it solely depends on their ability to handicap the game and find edge. That means the capital will be unaffected from stock market crash and can still bring in steady income during poor economic periods. "
I am curious if any of you here who does stock trading, also do sports betting. If so, i would love hear your experience. The money management article at bettingresource explains a compounding strategy where you trade no more than 3% of the bankroll on a game and by doing this the bankroll can be doubled on average every 3 months. Upon further research elsewhere I read that most sports trading or betting places have limits on how much you can trade/bet per game and these limits are lowered if you happen to be successful. Does this mean that if you are successful in sports betting, your potential to invest large amounts has a low ceiling?
I am curious if any of you here who does stock trading, also do sports betting. If so, i would love hear your experience. The money management article at bettingresource explains a compounding strategy where you trade no more than 3% of the bankroll on a game and by doing this the bankroll can be doubled on average every 3 months. Upon further research elsewhere I read that most sports trading or betting places have limits on how much you can trade/bet per game and these limits are lowered if you happen to be successful. Does this mean that if you are successful in sports betting, your potential to invest large amounts has a low ceiling?
