Trading What I see !?

Learn sports betting strategies and discuss key factors to consider when placing a bet.
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goat68
Posts: 2019
Joined: Tue Jun 30, 2020 3:53 pm
Location: Hampshire, UK

Derek27 wrote:
Mon Oct 26, 2020 7:50 pm
goat68 wrote:
Mon Oct 26, 2020 7:32 pm
Busy in here today?!
So I've spent a couple of days trading some football, after the previous discussion...and I've come to the conclusion not knowing much about football is a huge gap, you need decent match selection, and I definitely have not got that...! So back to horses, but it was a nice break :-)
If two days is the maximum amount of effort you're willing to put in to a new sport you may as well give up! I know nothing about football but find it very profitable and it's taken months. :roll:
And by the way I've been busting a gut trying to suss this the last 6months thank you!
User avatar
Morbius
Posts: 492
Joined: Thu Feb 13, 2020 3:38 pm

spreadbetting wrote:
Mon Oct 26, 2020 6:38 pm
Morbius wrote:
Mon Oct 26, 2020 5:29 pm
spreadbetting wrote:
Mon Oct 26, 2020 5:19 pm


I must be down the gimmick route as I can't see the techniques I use to win money on the exchanges being any use on the financial markets. The fact exchange markets are based around a 100% book makes life so much easier. If only they had the liquidity of the financials I'm sure we'd all be so much happier.

And the 100% books does make life so much easier because it creates tight correlation...there you go....gave you a big clue already :D
Thanks for the clue, ever considered running a course?
.


No as it happens ....I leave that to people who know more than me or who want to sell money for old rope ;)
User avatar
Derek27
Posts: 23670
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

goat68 wrote:
Mon Oct 26, 2020 7:55 pm
Derek27 wrote:
Mon Oct 26, 2020 7:50 pm
goat68 wrote:
Mon Oct 26, 2020 7:32 pm
Busy in here today?!
So I've spent a couple of days trading some football, after the previous discussion...and I've come to the conclusion not knowing much about football is a huge gap, you need decent match selection, and I definitely have not got that...! So back to horses, but it was a nice break :-)
If two days is the maximum amount of effort you're willing to put in to a new sport you may as well give up! I know nothing about football but find it very profitable and it's taken months. :roll:
Do you know about football?
What do you know?
Goat, do you bother reading posts that you reply to? I told you exactly what I know about football, NOTHING.
User avatar
Derek27
Posts: 23670
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

goat68 wrote:
Mon Oct 26, 2020 7:57 pm
Derek27 wrote:
Mon Oct 26, 2020 7:50 pm
goat68 wrote:
Mon Oct 26, 2020 7:32 pm
Busy in here today?!
So I've spent a couple of days trading some football, after the previous discussion...and I've come to the conclusion not knowing much about football is a huge gap, you need decent match selection, and I definitely have not got that...! So back to horses, but it was a nice break :-)
If two days is the maximum amount of effort you're willing to put in to a new sport you may as well give up! I know nothing about football but find it very profitable and it's taken months. :roll:
And by the way I've been busting a gut trying to suss this the last 6months thank you!
You said 2 days, highlighted in bold and underlined.
User avatar
Kai
Posts: 6228
Joined: Tue Jan 20, 2015 12:21 pm

Derek27 wrote:
Mon Oct 26, 2020 8:04 pm
goat68 wrote:
Mon Oct 26, 2020 7:55 pm
Derek27 wrote:
Mon Oct 26, 2020 7:50 pm

If two days is the maximum amount of effort you're willing to put in to a new sport you may as well give up! I know nothing about football but find it very profitable and it's taken months. :roll:
Do you know about football?
What do you know?
Goat, do you bother reading posts that you reply to? I told you exactly what I know about football, NOTHING.
But you know a thing or two about the ladder :) Makes trading Peruvian football a bit easier!
User avatar
Morbius
Posts: 492
Joined: Thu Feb 13, 2020 3:38 pm

Derek27 wrote:
Mon Oct 26, 2020 8:04 pm
goat68 wrote:
Mon Oct 26, 2020 7:55 pm
Derek27 wrote:
Mon Oct 26, 2020 7:50 pm

If two days is the maximum amount of effort you're willing to put in to a new sport you may as well give up! I know nothing about football but find it very profitable and it's taken months. :roll:
Do you know about football?
What do you know?
Goat, do you bother reading posts that you reply to? I told you exactly what I know about football, NOTHING.

Seeing as fundamental knowledge is far less effective in what is a highly mathematically modelled sport then knowing nothing is not a disadvantage but an advantage. As traders then concepts span all markets and sports and any trader who can only trade one market is on shaky ground. It's simply a case of learning the market nuances....I think I may run that course after all Derek :D
User avatar
goat68
Posts: 2019
Joined: Tue Jun 30, 2020 3:53 pm
Location: Hampshire, UK

Derek27 wrote:
Mon Oct 26, 2020 8:04 pm
goat68 wrote:
Mon Oct 26, 2020 7:55 pm
Derek27 wrote:
Mon Oct 26, 2020 7:50 pm

If two days is the maximum amount of effort you're willing to put in to a new sport you may as well give up! I know nothing about football but find it very profitable and it's taken months. :roll:
Do you know about football?
What do you know?
Goat, do you bother reading posts that you reply to? I told you exactly what I know about football, NOTHING.
Yes, I read them the same way as Betfair charts, missing the important bit!!
Sorry yes, I read your post too quickly and my mind fed in the blanks...!
User avatar
Kai
Posts: 6228
Joined: Tue Jan 20, 2015 12:21 pm

goat68 wrote:
Mon Oct 26, 2020 7:32 pm
Busy in here today?!
Sorry Goaty, apparently nothing going on for days on the forum! Other than some bloke looking to download historical soccer data, so everyone crammed into your little corner of the board ;) Watch yer step though, lest you step on one of our egos :mrgreen:
User avatar
Morbius
Posts: 492
Joined: Thu Feb 13, 2020 3:38 pm

Kai wrote:
Mon Oct 26, 2020 8:19 pm
goat68 wrote:
Mon Oct 26, 2020 7:32 pm
Busy in here today?!
Sorry Goaty, apparently nothing going on for days on the forum! Other than some bloke looking to download historical soccer data, so everyone crammed into your little corner of the board ;) Watch yer step though, lest you step on one of our egos :mrgreen:

Yeah I am learning to levitate very well since joining :lol:
User avatar
Kai
Posts: 6228
Joined: Tue Jan 20, 2015 12:21 pm

Morbius wrote:
Mon Oct 26, 2020 8:22 pm
Kai wrote:
Mon Oct 26, 2020 8:19 pm
goat68 wrote:
Mon Oct 26, 2020 7:32 pm
Busy in here today?!
Sorry Goaty, apparently nothing going on for days on the forum! Other than some bloke looking to download historical soccer data, so everyone crammed into your little corner of the board ;) Watch yer step though, lest you step on one of our egos :mrgreen:

Yeah I am learning to levitate very well since joining :lol:
You do seem to be rubbing everyone the wrong way :D If I didn't know any better I'd think you were some kind of a pervert :P
User avatar
Derek27
Posts: 23670
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Morbius wrote:
Mon Oct 26, 2020 8:15 pm
Derek27 wrote:
Mon Oct 26, 2020 8:04 pm
goat68 wrote:
Mon Oct 26, 2020 7:55 pm


Do you know about football?
What do you know?
Goat, do you bother reading posts that you reply to? I told you exactly what I know about football, NOTHING.

Seeing as fundamental knowledge is far less effective in what is a highly mathematically modelled sport then knowing nothing is not a disadvantage but an advantage. As traders then concepts span all markets and sports and any trader who can only trade one market is on shaky ground. It's simply a case of learning the market nuances....I think I may run that course after all Derek :D
In my opinion, it's never an advantage not to know something, it's just that knowledge is sometimes not as advantageous as one might think. What we really need to do is know the full extent of the usefulness of our knowledge when applying it to trading and where it has no use.
User avatar
Kai
Posts: 6228
Joined: Tue Jan 20, 2015 12:21 pm

I think what Jon Snow is trying to say is that knowing nothing is actually understanding everything.

So if Derek knows NOTHING about football (much like Jon Snow), then how can trading football be very profitable for him?
User avatar
Morbius
Posts: 492
Joined: Thu Feb 13, 2020 3:38 pm

Kai wrote:
Mon Oct 26, 2020 8:53 pm
I think what Jon Snow is saying is that knowing nothing is actually understanding everything.

So if Derek knows NOTHING about football (much like Jon Snow), then how can trading football be very profitable for him?

Analogy time......my missus has been in sales all her life. I have it on good authority that her sales technique is exceptional as she often gets head hunted. However she has only ever sold the same product. So she has zero product knowledge of anything else she may sell. But that didn't stop people head hunting her from other fields.....why.....because product knowledge is the easy part and can be learned in a short time frame. The hard part is selling which many experts claim is an art form but she would out perform someone in a different field very quickly if all they had was product knowkedge and no sales skill...it's the same principle. As a trader who is successful in one area then you already have the knowledge to trade.

I would back my footballing knowledge against anyone on this forum but how much of that would be relevant trading football.....probably very little and what I did know may hold me back.
User avatar
Morbius
Posts: 492
Joined: Thu Feb 13, 2020 3:38 pm

Derek27 wrote:
Mon Oct 26, 2020 8:39 pm
Morbius wrote:
Mon Oct 26, 2020 8:15 pm
Derek27 wrote:
Mon Oct 26, 2020 8:04 pm

Goat, do you bother reading posts that you reply to? I told you exactly what I know about football, NOTHING.

Seeing as fundamental knowledge is far less effective in what is a highly mathematically modelled sport then knowing nothing is not a disadvantage but an advantage. As traders then concepts span all markets and sports and any trader who can only trade one market is on shaky ground. It's simply a case of learning the market nuances....I think I may run that course after all Derek :D
In my opinion, it's never an advantage not to know something, it's just that knowledge is sometimes not as advantageous as one might think. What we really need to do is know the full extent of the usefulness of our knowledge when applying it to trading and where it has no use.
.


That's a much better way of phrasing it
User avatar
Derek27
Posts: 23670
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Kai wrote:
Mon Oct 26, 2020 8:09 pm
Derek27 wrote:
Mon Oct 26, 2020 8:04 pm
goat68 wrote:
Mon Oct 26, 2020 7:55 pm


Do you know about football?
What do you know?
Goat, do you bother reading posts that you reply to? I told you exactly what I know about football, NOTHING.
But you know a thing or two about the ladder :) Makes trading Peruvian football a bit easier!
Every seen a fight where one boxer just cannot get a punch in? That's what trading a Venezuelan match can be like, trying to punch someone that's not even there. :)
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