Please can you help me? I am close to depression

[Derek27]

Kolshriber was priced at 40 before the match was started.

I mean 40 to back.

Too stupid the person who layed him for 40.

I backed him with 50$ and I hold the odd long term.

Due to the thiny liquidity I was able to make only 100$

On a bet with back odd of 40.

This is ridiculous. The low liquidity is a serious problem, you can't understand

I understand the problem. What you need to understand is that trading is not just about deciding what price you open a trade at, but also how much you bet. You should not be having $50 on a player unless you are confident there is enough money in the market to fully close your trade.

There is not much point in knowing when to exit a trade, if that is what you are able to do, unless you know there will be enough money in the market to exit.

[LeTiss]

I think he realises that. That's part of his problem, he's frustrated that he can't get the trades on he wants, due to a lack of liquidity available to Italian traders

[ShaunWhite]

How could anyone live on 1500 a month? Wouldn't be long before that 1500 became close to 1200 with pc

Quite a lot actually. If you don't have a mortgage and are not living beyond your means, I reckon many could survive on £1500 per month

probably get more doing a bit of overtime each month on minimum wage.

It's closer to 17 grand sb I was a bit out.

I'm not sure doing overtime on top of 40 hrs a week in crap job would be a better choice than 5 afternoons a week sat at home watching the telly.

I agree with LeTiss, if you don't have many bills and have modest needs then 1500 is enough, and my point is that for almost half the population it has to be. Depends on how much money you need to be fulfilled and lifestyle choices, not everyone aspires to be a millionaire.

[Lucacrebbe]

I didn't lost the 23$

I lost them at the moment, then recovered them.

Making +150$ (with a stake of 100$) it's been not so risky, but it costs so much time sitting in front of TV and analizying matches, statistcs.... and that is a really hard job, it's not easy.

I would make it for a 1500$ per month with relativly (((low))) risk (in trading there is always risk tought)..... but not for 150 $

I would be happy enough to have an income of 1000/1500$ at month

Do you guys here want to make me believe that you generate more than 1500$ per month and you are not in red as the mayority of traders?

I don't believe you generate a costant montly cash-flow of 1500$ per month guys. I also believe the 90% of you is in red.


Being a trader is not that easy, it's the hardest job on earth.. because the emotions come into the game.

[Lucacrebbe]

I have to say that I have not Bet angel software, or any other software for trading

I trade on Betfair home page.

How much is easy to trade with Bet Angel?

I don't understand the ''One click'' tool


Let's suppose the best offer in the back price is 300$ and I have 1000$ which I am willing to back at the best prices... well how would come useful to me the oneclick tool?

[Derek27]

I didn't lost the 23$

I lost them at the moment, then recovered them.

Making +150$ (with a stake of 100$) it's been not so risky, but it costs so much time sitting in front of TV and analizying matches, statistcs.... and that is a really hard job, it's not easy.

I would make it for a 1500$ per month with relativly (((low))) risk (in trading there is always risk tought)..... but not for 150 $

I would be happy enough to have an income of 1000/1500$ at month

Do you guys here want to make me believe that you generate more than 1500$ per month and you are not in red as the mayority of traders?

I don't believe you generate a costant montly cash-flow of 1500$ per month guys. I also believe the 90% of you is in red.


Being a trader is not that easy, it's the hardest job on earth.. because the emotions come into the game.

You did lose $23 Luca, the fact that you recovered it does not mean that you did not lose it - otherwise I've never lost money in my life.

Just because you can't do something do not assume nobody else can do it.

Why do you believe that 90% of us are in the red and you can make a profit. Do you really believe you are special, and even though you are a newbie and most of us have years of experience at trading you are more likely to profit than the rest of us.

And why do you ask a bunch of losers for advice?

[Derek27]

I have to say that I have not Bet angel software, or any other software for trading

I trade on Betfair home page.

How much is easy to trade with Bet Angel?

I don't understand the ''One click'' tool


Let's suppose the best offer in the back price is 300$ and I have 1000$ which I am willing to back at the best prices... well how would come useful to me the oneclick tool?

The link to the Bet Angel user guide is below. You can download a free trial but you need a Betfair account to use it.

https://www.betangel.com/user-guide/

[Derek27]

I've just had a look at betfair.it, the Kicker v Tiafoe match. I may be missing something but Kicker was available to lay at 4.4 in Italy while at the same time he was available to back on the UK exchange at 5.5.

900k matched in the UK, 10k matched in Italy. And with only 4 sports to trade on I can see what your problem is Luca.

[Derek27]

I mean ,


What the hell should I care about what the other players are banking at a given time?

What do I care about the MACD?

You make me laugh if you think to come out winning by treating the market only with technical analysis, without understanding anything about sport.< you are trading

. You are like to the millions forex traders in red around the world.

You actually started a topic asking for advice about MACD.

viewtopic.php?f=2&t=15282&p=138020#p138020

You are basically telling the rest of the forum what I told you in that thread!

[Derek27]

The first rule in life is to fly down, and be humble.

Yes, I am a talented trader.

.....

So I would be in a positive of 1500 if I played on Betfair.

I don't believe you generate a costant montly cash-flow of 1500$ per month guys. I also believe the 90% of you is in red.

You sound like a virgin claiming you would be a raving sex machine if you had the opportunity.

Just like somebody losing his virginity and finding it's not as straight forward as he imagined, you will find trading liquid markets are not so straight forward. As I mentioned earlier, competition is higher and margins are tighter. You would never have got that $50 on at 40, never mind $500! It might have been trading between 25 and 26.

You need experience Luca, before deciding how much you could make on markets you never had the opportunity to trade.

[ShaunWhite]

Nothing will ever beat the fundamental analysis.

Complete and utter .....

I don't think that's complete .....

I get your point about the lingo but it's not as simple as he says. I think you'll agree it depends what you're trading. You can figure out that ManU have a x% chance of scoring in tne Nth minute blah blah blah and see the value, i get it. But knowing a horse should be exactly a 2.74 shot won't help you that much when you're trading the last 10 mins before the off, too many variables.

I won't teach my granny to suck eggs, we both know all this. He was just winding me up and you're right to pull me up a bit. Are you doing yoga LeTiss? You've gone all Mr Peacekeeper

[LeTiss]

Yoga?

I am wary of slating our foreign posters, because to engage on a forum in a language that isn't your natural tongue is admirable.

I have mentioned to many struggling traders in the past, that a good starting point is to pick a sport you love, as the chances are your knowledge will help you gauge what prices are good or bad value, and that will help you make more confident trades.

It sounded like he was saying something along those lines, but there's every chance I misinterpreted it

[xitian]

Surely the bigger problem is that you're expecting to earn £1500 a month when using £5000 stakes? Or am I misunderstanding something. If not, then that's seriously high risk to low reward, regardless of strategy, liquidity or platform you're using.

[LeTiss]

Surely the bigger problem is that you're expecting to earn £1500 a month when using £5000 stakes?

Why is that a problem?

If he works 30 days a month, then that equates to £50 per day, which is only 1% of his bank

I would suggest the vast majority of successful traders would seriously expect to make 1% of their bank daily

[xitian]

As far as I understood, it’s stakes of 5000, not bank of 5000. One system crash and loss and you’ve lost 100 days or over 3 months of income.

If he’s also using a bank of 5000, then 1% return is quite low I’d say if you’re using all of it, and I wouldn’t recommend staking your whole bank on one bet/trade.