I’ve tried to allude to adopting a similar business oriented approach, but I was unable to maintain that level of consistency. In the beginning, I marked all the bets on an app and established reasonable win and loss limits and tracked them through the app. For the first few weeks, everything was just as planned. I was cashing out albeit at a slower rate, but I was accumulating a steady amount of profit. As fate would have it, somewhere down the line, I began to struggle and things went downhill. I was not able to stick to my winnings or losing limits .I started to chase my losses in hopes of minimizing the damage and turning things around which made my losses worse. Ultimately I came to understand that the discipline is most difficult part about this approach. One can have the best strategy but discipline is equally as important, otherwise, it can all go downhill. For someone who is trying to adopt this approach, I suggest looking into emotion management as much as money management.