I got an email yesterday from Bet Angel, throwing me a lifeline, providing the (missing?) link to success via an excel spreadsheet programmed by a Bet Angel User.
"Great," I thought to myself and couldn't wait to try it out. Desperate for the losing tide to turn, I eagerly opened and connected the workbook.
I was impressed by the way it fired orders into the market. The glimmer of hope gradually returned to depths of despair when I realised that I had discovered another way for Bet Angel to pick my pockets of my hard earned loot.
Next time you decide to unleash the "solution" onto an unsuspecting hungry group of desperate, failing, losing traders, please program it to make money otherwise its no good.
from
disgruntled, can't see me renewing my subscription,
after eight months my balance is still dwindling.
Don't go on Dragons Den with this so-called investment opportunity.
Thanks for getting my hopes up and then destroying them
I understand your frustration, but venting it on here wont do much good, what I can tell you is that in my eyes 8 months is nothing, took me 2.5 years to stop losing money, and that was pretty much full time, now I am making some and in profit fairly consistently, sure there are people out there that can probably turn it around in 8 months, but not many!
The markets are always telling you things, sit back and watch them and play with really small stakes or none at all until you have a fair idea of what happens.
As for the software, it only does what you tell it so you cant really blame it, and yes betangel is a business that sells software the videos blogs and adverts for the software can mislead slightly about the riches you can make, but remember you have to have an idea of what your doing before you make money, like i say 8 months is nothing, to me anyway so it sounds like you have a fair bit to go, if its not meant to b its not meant to be, but experience shows that if you persist you will get answers and make progress eventually!
The markets are always telling you things, sit back and watch them and play with really small stakes or none at all until you have a fair idea of what happens.
As for the software, it only does what you tell it so you cant really blame it, and yes betangel is a business that sells software the videos blogs and adverts for the software can mislead slightly about the riches you can make, but remember you have to have an idea of what your doing before you make money, like i say 8 months is nothing, to me anyway so it sounds like you have a fair bit to go, if its not meant to b its not meant to be, but experience shows that if you persist you will get answers and make progress eventually!
BA at the end of the day is just a tool to enable you to trade. You need to learn how to trade to be able to use BA successfully and make money. If it was as easy as plugging a spreadsheet in and expecting it to trade all day and make a mint, everyone would be doing it.
It's like going to B & Q and buying a hammer and chisel, going home to carve a statue out of a slab of stone, smashing it to pieces then complaining to B & Q that their hammer and chisel is useless.
I think you need to lower your expectations and take it easy. This game is damn frustrating at times but that's what prevents everyone from doing it which is a good thing. If you can overcome your frustrations you are well on your way....
It's like going to B & Q and buying a hammer and chisel, going home to carve a statue out of a slab of stone, smashing it to pieces then complaining to B & Q that their hammer and chisel is useless.
I think you need to lower your expectations and take it easy. This game is damn frustrating at times but that's what prevents everyone from doing it which is a good thing. If you can overcome your frustrations you are well on your way....
Thanks again for the advice. Sorry if I sound upset, but the BetAngel experience winds me up to the point of nervous breakdown. Venting my frustrations in the forum helps to release the pressure. I'm patiently trying to learn how to trade but it doesn't help when I don't appreciate it when I have to spend £10 - £15 finding out that a spreadsheet I've been recommended doesn't do as its supposed to and rather than help me, it serves as a distraction, and hinders my progress by losing me money. In my opinion, that particular spreadsheet takes money out of your pocket and is therefore a liability and should be avoided. I'm painstakingly trying to navigate my way to success through choppy waters and by charting my progress by posting up some of adventures I'm having in the forum, in someway I hope that others can learn something and benefit from my experience, like I do from others.
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blackfriar
- Posts: 21
- Joined: Thu Aug 27, 2009 3:06 pm
Uninstall the software, turn off your computer and get on with something else.
Let me put this as nicely as I can.
Your temprament is entirely unsuited to trading. Since your first post you have indicated that you lack maturity and expect it all to be served up to you on a silver platter.
Here is the key piece of advice: You will never make a trader while you maintain the mental approach of a loser. You must be confident to trade and you do not show any sign of having the character that is capable of developing confidence.
I have been trading for about 3 years - and although I have been in profit for most of that time my level of confidence fluctuates depending on how I feel, how well - or badly - my last trade was handled, and whether I am tired or fresh.
What I have learned from those 3 years of trading is that trading pretty much reflects how we handle life generally.
Please do not take offence at my post; but please understand that the novelty has worn off with your constant whinging on this forum - and blaming BA for your failures.
Please consider taking some other activity in life.
Galilee66.
Your temprament is entirely unsuited to trading. Since your first post you have indicated that you lack maturity and expect it all to be served up to you on a silver platter.
Here is the key piece of advice: You will never make a trader while you maintain the mental approach of a loser. You must be confident to trade and you do not show any sign of having the character that is capable of developing confidence.
I have been trading for about 3 years - and although I have been in profit for most of that time my level of confidence fluctuates depending on how I feel, how well - or badly - my last trade was handled, and whether I am tired or fresh.
What I have learned from those 3 years of trading is that trading pretty much reflects how we handle life generally.
Please do not take offence at my post; but please understand that the novelty has worn off with your constant whinging on this forum - and blaming BA for your failures.
Please consider taking some other activity in life.
Galilee66.
Hi,
Did you REALLY think you could plug in the spreadsheet without modification and make money? Come on.
If it inspired you to realise there are ways that you can expand your trading arsenal or put your own trading ideas into practice it would have done its job. That's what it was for.
Trading is a real job requiring real effort. If you want to find the holy grail here you won't.
Look at like this, if you wanted to be a Doctor, Engineer, Accountant etc it takes years of hard work and effort to get the skills needed. This is no different.
Like previous posts have said. Bet Angel sell tools, not magic potions.
Did you REALLY think you could plug in the spreadsheet without modification and make money? Come on.
If it inspired you to realise there are ways that you can expand your trading arsenal or put your own trading ideas into practice it would have done its job. That's what it was for.
Trading is a real job requiring real effort. If you want to find the holy grail here you won't.
Look at like this, if you wanted to be a Doctor, Engineer, Accountant etc it takes years of hard work and effort to get the skills needed. This is no different.
Like previous posts have said. Bet Angel sell tools, not magic potions.
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dan_payne182
- Posts: 93
- Joined: Wed Oct 28, 2009 3:46 pm
Two words - MINIMUM STAKESI)@v1d wrote: I don't appreciate it when I have to spend £10 - £15 finding out that a spreadsheet I've been recommended doesn't do as its supposed to
i too tried out the spreadsheet months ago, messed around with the programming and now i am able to use it in certain scenarios. But until it was profitable why use anything other than £2 stakes?
Dan
As for BA being an investment opportunity I think you are missing the point.
BA is just a trading tool for Betfair or Betdaq.If you think someone is going to put up a bot that is going to make you money then thinks again. IF I had a bot that made me money do you think I would tell people about it?
BA is just a trading tool for Betfair or Betdaq.If you think someone is going to put up a bot that is going to make you money then thinks again. IF I had a bot that made me money do you think I would tell people about it?
David -
Why not get the free version of Camtasia and record yourself trading a few races, so the traders here can offer you some advice?
Sometimes the difference between mediocrity and success can be measured in millimeters, not miles. It could be that, if you eliminate certain errors from your trading, you might begin to make a regular profit.
If I were in your shoes, rather than struggle on alone, I'd take advantage of the fact that there are professional traders here who are willing to help you out free of charge...
Jeff
Why not get the free version of Camtasia and record yourself trading a few races, so the traders here can offer you some advice?
Sometimes the difference between mediocrity and success can be measured in millimeters, not miles. It could be that, if you eliminate certain errors from your trading, you might begin to make a regular profit.
If I were in your shoes, rather than struggle on alone, I'd take advantage of the fact that there are professional traders here who are willing to help you out free of charge...
Jeff
I)@v1d wrote:Thanks again for the advice. Sorry if I sound upset, but the BetAngel experience winds me up to the point of nervous breakdown. Venting my frustrations in the forum helps to release the pressure. I'm patiently trying to learn how to trade but it doesn't help when I don't appreciate it when I have to spend £10 - £15 finding out that a spreadsheet I've been recommended doesn't do as its supposed to and rather than help me, it serves as a distraction, and hinders my progress by losing me money. In my opinion, that particular spreadsheet takes money out of your pocket and is therefore a liability and should be avoided. I'm painstakingly trying to navigate my way to success through choppy waters and by charting my progress by posting up some of adventures I'm having in the forum, in someway I hope that others can learn something and benefit from my experience, like I do from others.
PS Just a further thought.
My guess is that you've been doing more or less the same things for the past 8 months. If it was going to work by now, it would have done so already.
So you need to either change your approach, or find a more productive use of your time.
As the saying goes, the definition of stupidity is continuing to do the same thing, but expecting different results...
I hope you can make it in trading. But you need to sit down and think about what you're doing.
You need to ask yourself probing questions IHMO, like:
Why do some things work and others not?
What am I not doing that I should be doing? Have I missed anything?
What am I doing that I shouldn't be doing?
Am I entering or exiting trades too early? Or too late?
Have I overcomplicated things? Perhaps I should just lay at the back price, and vice versa, ride the trends, and exit when the price goes against me.
Jeff
My guess is that you've been doing more or less the same things for the past 8 months. If it was going to work by now, it would have done so already.
So you need to either change your approach, or find a more productive use of your time.
As the saying goes, the definition of stupidity is continuing to do the same thing, but expecting different results...
I hope you can make it in trading. But you need to sit down and think about what you're doing.
You need to ask yourself probing questions IHMO, like:
Why do some things work and others not?
What am I not doing that I should be doing? Have I missed anything?
What am I doing that I shouldn't be doing?
Am I entering or exiting trades too early? Or too late?
Have I overcomplicated things? Perhaps I should just lay at the back price, and vice versa, ride the trends, and exit when the price goes against me.
Jeff
Ferru123 wrote:David -
Why not get the free version of Camtasia and record yourself trading a few races, so the traders here can offer you some advice?
Sometimes the difference between mediocrity and success can be measured in millimeters, not miles. It could be that, if you eliminate certain errors from your trading, you might begin to make a regular profit.
If I were in your shoes, rather than struggle on alone, I'd take advantage of the fact that there are professional traders here who are willing to help you out free of charge...
Jeff
I)@v1d wrote:Thanks again for the advice. Sorry if I sound upset, but the BetAngel experience winds me up to the point of nervous breakdown. Venting my frustrations in the forum helps to release the pressure. I'm patiently trying to learn how to trade but it doesn't help when I don't appreciate it when I have to spend £10 - £15 finding out that a spreadsheet I've been recommended doesn't do as its supposed to and rather than help me, it serves as a distraction, and hinders my progress by losing me money. In my opinion, that particular spreadsheet takes money out of your pocket and is therefore a liability and should be avoided. I'm painstakingly trying to navigate my way to success through choppy waters and by charting my progress by posting up some of adventures I'm having in the forum, in someway I hope that others can learn something and benefit from my experience, like I do from others.
by Ferru123 » Mon Aug 02, 2010 4:15 pm
David -
Why not get the free version of Camtasia and record yourself trading a few races, so the traders here can offer you some advice?
Sometimes the difference between mediocrity and success can be measured in millimeters, not miles. It could be that, if you eliminate certain errors from your trading, you might begin to make a regular profit.
If I were in your shoes, rather than struggle on alone, I'd take advantage of the fact that there are professional traders here who are willing to help you out free of charge...
Jeff
Jeff,
i think everyone knows what he is doing wrong without the need of a video. He is not cutting out quick enough, and can’t enter to save his life.
He as been offered numerous advice from loads of people. I don’t believe he’s taken any or understood much. I don’t believe he as really applied any advice given over a long period, maybe a few hours.
I can’t see him being offered much more advice by anyone. Why would they waste their time? He clearly is in a mess and as far as trading is concerned he is pissing in the wind.
He as to take responsibility for the mess he is in, not blame a piece of software that only does what you tell it to do. Until he takes responsibility and really thinks things through, he will keep spiralling downwards. So sad .
tony
David -
Why not get the free version of Camtasia and record yourself trading a few races, so the traders here can offer you some advice?
Sometimes the difference between mediocrity and success can be measured in millimeters, not miles. It could be that, if you eliminate certain errors from your trading, you might begin to make a regular profit.
If I were in your shoes, rather than struggle on alone, I'd take advantage of the fact that there are professional traders here who are willing to help you out free of charge...
Jeff
Jeff,
i think everyone knows what he is doing wrong without the need of a video. He is not cutting out quick enough, and can’t enter to save his life.
He as been offered numerous advice from loads of people. I don’t believe he’s taken any or understood much. I don’t believe he as really applied any advice given over a long period, maybe a few hours.
I can’t see him being offered much more advice by anyone. Why would they waste their time? He clearly is in a mess and as far as trading is concerned he is pissing in the wind.
He as to take responsibility for the mess he is in, not blame a piece of software that only does what you tell it to do. Until he takes responsibility and really thinks things through, he will keep spiralling downwards. So sad .
tony