And by the way I've been busting a gut trying to suss this the last 6months thank you!Derek27 wrote: ↑Mon Oct 26, 2020 7:50 pmIf 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.goat68 wrote: ↑Mon Oct 26, 2020 7:32 pmBusy 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
Trading What I see !?
.spreadbetting wrote: ↑Mon Oct 26, 2020 6:38 pmThanks for the clue, ever considered running a course?Morbius wrote: ↑Mon Oct 26, 2020 5:29 pmspreadbetting 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
No as it happens ....I leave that to people who know more than me or who want to sell money for old rope
Goat, do you bother reading posts that you reply to? I told you exactly what I know about football, NOTHING.goat68 wrote: ↑Mon Oct 26, 2020 7:55 pmDo you know about football?Derek27 wrote: ↑Mon Oct 26, 2020 7:50 pmIf 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.goat68 wrote: ↑Mon Oct 26, 2020 7:32 pmBusy 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
What do you know?
You said 2 days, highlighted in bold and underlined.goat68 wrote: ↑Mon Oct 26, 2020 7:57 pmAnd by the way I've been busting a gut trying to suss this the last 6months thank you!Derek27 wrote: ↑Mon Oct 26, 2020 7:50 pmIf 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.goat68 wrote: ↑Mon Oct 26, 2020 7:32 pmBusy 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
But you know a thing or two about the ladder Makes trading Peruvian football a bit easier!
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
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...!
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
Yeah I am learning to levitate very well since joining
You do seem to be rubbing everyone the wrong way If I didn't know any better I'd think you were some kind of a pervertMorbius wrote: ↑Mon Oct 26, 2020 8:22 pm
Yeah I am learning to levitate very well since joining
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.Morbius wrote: ↑Mon Oct 26, 2020 8:15 pm
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
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.
.Derek27 wrote: ↑Mon Oct 26, 2020 8:39 pmIn 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.Morbius wrote: ↑Mon Oct 26, 2020 8:15 pm
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
That's a much better way of phrasing it