Characteristics for successful newbie players

Do you know what makes a successful player? Here are a few characteristics which you should strive to have:

1. Successful players are prepared. Having clearly define playing plans and strategies is of utmost importance. Too many players make it up as they go along.

You should have a written plan of what you want to join and why. You should know when you want to get in with clearly defined triggers, when you will take profits, and when to cut your losses.

The first set of rules which you develop is the easiest to follow. We usually have trouble with the last one, which is when to cut your losses. You should plan for everything. Leave nothing to chance. You should have a well organized schedule, and stick to the plan all the way through.

2. Successful players remain emotionally detached. Once you enter a hyip, are you willing to forget about it until your predetermined exit hyip point strategy is met?

Well you should not. Once you have put in a deposit into your hyips, you should not simply forget about it until your exit hyip point is met. See, in the hyip world, you should have to monitor these hyip cycles in case something drastic happens. Review your hyips in order to determine if you want to take profits, or to ensure your target profit was filled.

Anything else is just an exercise in pointlessness, and can even be dangerous when you use your emotions to guide your decisions.

3. Successful players take a longer term view. Everyone wants to make a thousand in a day. This is achievable, but not likely. You must take a longer term view, and realize that it will take just a little longer. No one has a monopoly on ideas. What works for some, may not work for others.

4. Successful players expect to become rich. Let’s face it, you play because you expect to make a better return than anyone else. However, to be successful, you must play like you mean it. What does it mean by this. Well you must play like your entire survival depended on it. Never be careless with your money. You worked hard enough for it, so make sure it remains with you for as long as possible and produces many ‘offspring’. Expect great returns, and do everything within your power to achieve it. Read hyip news and articles, mingle around on hyip related discussion public forums, find a good scam alert website (like eCoomerce-Journal.com), and translate this into an empire.

5. Successful players make things happen. Go after what you want, do not let anything stand in your way. The sky is the limit. You can be a successful player. There are some players making serious money in this game, and you can be one of them.

If you hang on too long, the up tick will have passed and the hyip could fall. More times than not, players wait too long and as a result they do not make money.

If you are new to playing hyips, it would make sense to begin with test spend plan. There are plenty of hyips that allow you to play and make trial and error. This means that you are not using a great amount of money, yet you are choosing your hyips, getting in, and getting out with less risk of losing money. You could make small amount of gains or losses. Many players started out this way and went on to make money when they felt confident enough to become a more serious hyip player playing their bigger amount of hard earned money.

When you playing on test spend plan, you can research, observe, as well as analyze the live of the hyips, such as how long normally hyips will keep on paying, after how long of running before hyips started making selective pay outs, and when normally hyips stop making pay out altogether. Then you can use the analysis and data as part of main ‘ingredients’ in your hyip game plans and strategies.

Because you are playing in such a volatile and speed change of hyip cycle, you can’t wait for delayed information. So you must be always alert to current hyip news and any related events.

Do hyip analysis such as rate of return versus hyip live ration and total incoming funds versus total pay outs ration so that you can double check the news alert leading you to get in or get out before you actually do it.

Before you begin playing you should set up a few rules for yourself. Limit your losses. You can put a dollar amount on what you will allow yourself to lose in one hyip, but you must stick to it. Many hyip players make the mistake of holding onto hyip too long and rather than exit when the hyip cycle initially started moving down ward, they hold onto it thinking the cycle will re bounce and everything goes back to normal again and they will not lose money. Instead, they lose even more money than they would have had and they exit when the hyip hit their loss limit.

Do not play every penny you own in hyip playing. That simply is not smart. Just as if you would like to hold a portfolio of diversified online money making mediums, you also do not want to put all of your 'eggs' into the hyip playing.