Help for new traders - Focussing on Now Part 1

[mcgoo]

After more than 10 years of trying (sometimes on and off sometimes years consistently) I have realised I don't have the makings of a trader-mathematically, psychologically or via coding (slow learner huh ). I have had bespoke systems developed & I have tried 4 different software types (GT ,MF, BFExp &BA), doing the manual thing. I have learnt a lot about myself and changed a lot mentally for the positive, so few regrets. My big fight over the last 8 months with stage 4 cancer is quite similar to trading actually..life is uncertain, you have to live in the now, you take risks but have to know when to foldem and run for the hospital , you appreciate the good happenings and try not to focus on the negative, life is a mystery and will likely always be so, cancer treatments vary greatly and one size does definitely not fit all, this life is not for sissies ..etc etc
I like tinkering so I have slowly learnt some python while on chemo and this has been quite fun . I like the flashing lights of trading as well so I will watch markets when I can but I am calmer now and not obsessed Trading is one of the hardest things I have ever attempted. I am disappointed that I failed but it only cost be about 3k per annum so not bad for a hobby the delivers so much in terms of growth. I never did get where value lay, if it is better to hedge or not and I could never really predict a swing in any direction, but guess that is one of those things.
I have been thinking about this for a month or 2 now and saw this thread which triggered a written response I guess, so I'll take this opportunity to say thank you for the help over the years and all the best to you and yours.I'll be finding out how my new treatment is looking next week so I might be hovering around in the background watching the forum from time time(old habits and all that) if it is good news or not be here if it isn't
Take care peeps.Its been fun

[Black Ladder]

Bravo mcgoo, your a good sport, and I wish you good health & happiness going forward.

[Realrocknrolla]

Great post.

All the best and sending healing thoughts.

[decomez6]

.Its been fun

you cracked it without realising it. you get the satisfaction of acquiring some of the skills needed to deal with whatever life throws at you .
wish you a steady recovery .Stay smiling and stay strong MCgoo.
you are the real defination of a trading warrior.

[wearthefoxhat]

Luv your post and contribution(s) McGoo.

The battle is sometimes about an Ego versus the Market. If the market behaves/co-operates, all is good in the world, the test is when the market says...F%&$K you pal...that's when the examination of the personality/pysche/ability occurs.

You're showing great character after 10 years of effort and attrition against the markets as you are with the stage 4 cancer and chemo.

[jimibt]

mcgoo - good reflective post and one that i can concur with on many levels. i too am living with early stage (prostate) cancer and have been very lucky to have been able to identify it early. I am on what's called 'active surveillance' (obviously a name chosen to make you feel *special* - lol). this basically means that my PSA levels are checked every 12 weeks to ensure that there are no crazy spikes at play. if when the times comes, there will be a range of options to *choose* from, all depending on any other mitigating factors.

I'll be honest with you, when 1st diagnosed (about 18 months ago), I felt a bit sorry for myself, but then pulled myself together and have accepted that positivity and taking specialist advice is the way fwd. i would recommend all us guys that are > 50 to get your doc to do a check (they will initially do a DRE [look it up] ).

anyway mcgoo -back to you. well done for keeping positive and light. i'd see the past 10 years as a nice way to have gained some skills and at the same time, connected with some decent individuals found on this forum. as they say here in (sometimes) sunny scotland - *lang may yer lum reek*

[decomez6]

. i would recommend all us guys that are > 50 to get your doc to do a check (they will initially do a DRE [look it up] ).

a(sometimes) sunny scotland - *lang may yer lum reek*

Dr. DRE
,” let me hear u say!
“ding , ding -doong…..ding di-di-…dingdingdong

After wrapping up his beats earphones, he is now ringing bells in the check up departments.

Jim ,
Your courage to go for that test says a lot about you , I am not going !!
My Gp recommended it at the same time my miss got her breast cancer check ups . I am keeping myself bussy enough to forget it and pretend I never heard of it and now you got me thinking.
Keep the positive spirit , endorphins medicinal indeed.

All the best and stay well .

[gazuty]

Good on you McGoo. Hope you beat that bastard cancer.

[jimibt]

. i would recommend all us guys that are > 50 to get your doc to do a check (they will initially do a DRE [look it up] ).

a(sometimes) sunny scotland - *lang may yer lum reek*

Dr. DRE
,” let me hear u say!
“ding , ding -doong…..ding di-di-…dingdingdong

After wrapping up his beats earphones, he is now ringing bells in the check up departments.

Jim ,
Your courage to go for that test says a lot about you , I am not going !!

the DRE is nothing to worry about, as my doctor ACTUALLY said (in a belfast accent), "some people do this for pleasure..." - great bedside manner

the one thing that did concern me tho', was when i then went later for the prostate biopsy. you literally get injected in the anus (to numb you a little ) and then a hand held device is inserted into your *back passage*. this device has a little retractable bee sting type needle hook that is triggered by the operator. you typically have about 16-20 samples taken. it sounds scary, but is actually fairly painless and results in having a treatment pathway designed for you, based on the grade found.

this is nothing compared to the alternative scenario that mcgoo must be experiencing - so ponder less

yup -i know how to sell it -lol

[decomez6]

. you literally get injected in the anus (to numb you a little ) and then a hand held device is inserted into your *back passage*. this device has a little retractable bee sting type needle hook that is triggered by the operator. you typically have about 16-20 samples taken

Definitely not going !!

Nothing goes up !!
It’s one way down
my virginity stays putt !!

[Gravesen33]

Hi All,
A have a question in regards to BA Practice Mode...
Is there any chance this mode to have only 1 target - just to show us how all the rules and conditions are executed ?
or all the bets, trades , green up and everything else is absolutely real?
The real reason I am asking this is:
I made an automated bot and start doing a test in Practice mode, after few changes it starts to work on the way I was planning it.
So, after having a test on roughly 280~300 horse races, everything was looking perfect - and I was very happy with the outcome.
As soon as I try the VERY SAME Automation bot in real mode.....Boom... it dose not work at all...WHY

I am missing something here or that's the real situation with BA??

I hope someone can make the things clear for me

Thanks

[Dallas]

Hi All,
A have a question in regards to BA Practice Mode...
Is there any chance this mode to have only 1 target - just to show us how all the rules and conditions are executed ?
or all the bets, trades , green up and everything else is absolutely real?
The real reason I am asking this is:
I made an automated bot and start doing a test in Practice mode, after few changes it starts to work on the way I was planning it.
So, after having a test on roughly 280~300 horse races, everything was looking perfect - and I was very happy with the outcome.
As soon as I try the VERY SAME Automation bot in real mode.....Boom... it dose not work at all...WHY

I am missing something here or that's the real situation with BA??

I hope someone can make the things clear for me

Thanks

https://www.betfairtradingblog.com/betf ... ning-mode/

[Gravesen33]

Hi All,
A have a question in regards to BA Practice Mode...
Is there any chance this mode to have only 1 target - just to show us how all the rules and conditions are executed ?
or all the bets, trades , green up and everything else is absolutely real?
The real reason I am asking this is:
I made an automated bot and start doing a test in Practice mode, after few changes it starts to work on the way I was planning it.
So, after having a test on roughly 280~300 horse races, everything was looking perfect - and I was very happy with the outcome.
As soon as I try the VERY SAME Automation bot in real mode.....Boom... it dose not work at all...WHY

I am missing something here or that's the real situation with BA??

I hope someone can make the things clear for me

Thanks

https://www.betfairtradingblog.com/betf ... ning-mode/

Hi Dallas,
Thank you for the quick reply.....
I red all the material & watched the video few times...
Appears to be a different problem then I though...
So, Here I have 2x questions and probably will get to the bottom.
1. Is it possible to run BA on 2x different PC,
One of them in Practice mode and second one in real . If so I can run the same trade in the same race with the same bot to see what happens when you get to the end.
2. What is the difference between having 3x triggers at 3s and 5x triggers at 3s when you have a rule for Green Up.
Thank you

[ShaunWhite]

Hi All,
A have a question in regards to BA Practice Mode...
Is there any chance this mode to have only 1 target - just to show us how all the rules and conditions are executed ?
or all the bets, trades , green up and everything else is absolutely real?
The real reason I am asking this is:
I made an automated bot and start doing a test in Practice mode, after few changes it starts to work on the way I was planning it.
So, after having a test on roughly 280~300 horse races, everything was looking perfect - and I was very happy with the outcome.
As soon as I try the VERY SAME Automation bot in real mode.....Boom... it dose not work at all...WHY

I am missing something here or that's the real situation with BA??

I hope someone can make the things clear for me

Thanks

https://www.betfairtradingblog.com/betf ... ning-mode/

Hi Dallas,
Thank you for the quick reply.....
I red all the material & watched the video few times...
Appears to be a different problem then I though...
So, Here I have 2x questions and probably will get to the bottom.
1. Is it possible to run BA on 2x different PC,
One of them in Practice mode and second one in real . If so I can run the same trade in the same race with the same bot to see what happens when you get to the end.
2. What is the difference between having 3x triggers at 3s and 5x triggers at 3s when you have a rule for Green Up.
Thank you

1. You can run as many BAs on one PC as your PC will take. 2 PCs and you could probably run 10 BAs each in either real or PM.
2. No difference except the 5x tries 5 times.

The difference in your PM bot and your live bot is probably with getting bets matched. Because PM bets aren't real, the matching can't be perfectly realistic.

[winifred2829]

Can I place a manual stop loss on a lay only bet ,I do not want to use stop on opening bet