Where Am I Specifically Going Wrong With This Please?

[JustLukeYou]

I traded out for 20% profit.

That's what I mean by a mistake - making less than 400%.

No, I was one goal away from 900% profit. If Liverpool or Man United scored earlier I would have got more than 20%. Better than picking Liverpool to win 3-0 I guess.

[Derek27]

I traded out for 20% profit.

That's what I mean by a mistake - making less than 400%.

No, I was one goal away from 900% profit. If Liverpool or Man United scored earlier I would have got more than 20%. Better than picking Liverpool to win 3-0 I guess.

You've got all the traits of a mug punter who can only talk about how much he nearly won, even when he has won.

Genuine punters just talk about the 20% they won and forget all about the 1500% they could have won if there were another two goals and a yellow card!

[JustLukeYou]

That's what I mean by a mistake - making less than 400%.

No, I was one goal away from 900% profit. If Liverpool or Man United scored earlier I would have got more than 20%. Better than picking Liverpool to win 3-0 I guess.

You've got all the traits of a mug punter who can only talk about how much he nearly won, even when he has won.

Genuine punters just talk about the 20% they won and forget all about the 1500% they could have won if there were another two goals and a yellow card!

So it's my attitude that is wrong?

I am going to focus on specific teams. At the moment I am just taking a complete scatter gun approach based on whatever matches I can watch.

[ShaunWhite]

Too many conversations, too much info.

Luke you need to STOP for a week and absorb it The thing is that I guarantee you won't and that's why you have a massively increased risk of failure. More haste, less speed.

Yes you are right, I am planning to focus on specific teams like Paulo Rebelo said in one video. This will reduce the number of matches I am trading.

That's not what I said or meant. Your attention to the details in what people say is shockingly bad. I mean to stop and deeply understand everything you've seen so far. That means not trading for a while and doing some study. Prodding at a mouse button isn't going to teach you anything unless you understand the principles about what you're doing. Utter waste of time. Why focus on specific teams of you don't know how to exploit what you find?

Trading will take at least a year to learn with any degree of sophistication, so 1 or 2 weeks out of that to do the groundwork is nothing. How serious you are will show up in whether you can do what's best for you, or if you just want to watch football, gamble and play with your computer.

Remember I said that executing the trade is just the final putt after many many hours of background work? That's not just studying the stats but also understanding the fundamentals. The reason I think you'll fail is because you don't think the rules apply to you, and you can succeed by just doing the fun part.

So Luke, what are the odds on you succeeding? I'd love to know what your estimate is, how long you think it will take, and how much it will cost?

[Derek27]

No, I was one goal away from 900% profit. If Liverpool or Man United scored earlier I would have got more than 20%. Better than picking Liverpool to win 3-0 I guess.

You've got all the traits of a mug punter who can only talk about how much he nearly won, even when he has won.

Genuine punters just talk about the 20% they won and forget all about the 1500% they could have won if there were another two goals and a yellow card!

So it's my attitude that is wrong?

I am going to focus on specific teams. At the moment I am just taking a complete scatter gun approach based on whatever matches I can watch.

In all honesty I can't think of anything that's right with your attitude! Focusing on what you could have won rather than what's achievable, trading anything and everything as long as it's football, watching every video you can find regardless of where it's from is adding to your confusion, not even learning basic trading yet asking questions about advance trading techniques that you won't understand, etc.

You've now got hundreds of posts of advice. People have been encouraging you to re-read them but now I think that will just cause more confusion and leave you going around in circles because you've covered so many topics. I would suggest you look at the basic trading course that I've suggested several times.

[JustLukeYou]

Well I'm only dealing with pennies. Today I have staked £1.15 and got £1.83 back.

In terms of SoccerMystic I still don't understand how it helps. I can't see how it helps to know what the odds will be in 22 minutes if no goals are scored when in reality 2 goals have been scored.

[Derek27]

Well I'm only dealing with pennies. Today I have staked £1.15 and got £1.83 back.

In terms of SoccerMystic I still don't understand how it helps. I can't see how it helps to know what the odds will be in 22 minutes if no goals are scored when in reality 2 goals have been scored.

You're not likely to understand it until you've learned basic trading, as I keep saying.

[JustLukeYou]

Well I'm only dealing with pennies. Today I have staked £1.15 and got £1.83 back.

In terms of SoccerMystic I still don't understand how it helps. I can't see how it helps to know what the odds will be in 22 minutes if no goals are scored when in reality 2 goals have been scored.

You're not likely to understand it until you've learned basic trading, as I keep saying.

You take a position expecting a goal to be scored or not to be scored and trade out at a specific time for a profit?

[ShaunWhite]

Btw who gives a fck about 900% profit on a game? It's annual profit you want. Punters think about individual games, traders think about the bottom line over 100s of games.

Re Soccer Mystic. Why do you think it's in the product? Why do people use it? Amongst many things it gives you guidance about any number of what-if scenarios and helps you to understand price decay and EV which is the very essence of trading football. If you can't see that then that's an even bigger reason to stop until you do. Have you actually used it?

[ShaunWhite]

You take a position expecting a goal to be scored or not to be scored and trade out at a specific time for a profit?

That's just gambling unless you understand EV.

[JustLukeYou]

You take a position expecting a goal to be scored or not to be scored and trade out at a specific time for a profit?

That's just gambling unless you understand EV.

The Smarkets guide said you can a positive EV but on here people it is always negative so I somewhat confused.

No I haven't used SoccerMystic until I can understand the benefit of it or how to use it properly.

Could you wrap these two in an example. Let's after 20 minutes it is 0-0 but you think there be more than 2 goals which is odds of 2.0 (Answer this would help massively)

[Derek27]

You take a position expecting a goal to be scored or not to be scored and trade out at a specific time for a profit?

That's just gambling unless you understand EV.

I doubt he'll ever understand trading if he hasn't got it by now.

[JustLukeYou]

You take a position expecting a goal to be scored or not to be scored and trade out at a specific time for a profit?

That's just gambling unless you understand EV.

I doubt he'll ever understand trading if he hasn't got it by now.

I gave an explanation of basic trading and you ignored it.

[ShaunWhite]

You take a position expecting a goal to be scored or not to be scored and trade out at a specific time for a profit?

That's just gambling unless you understand EV.

The Smarkets guide said you can a positive EV but on here people it is always negative so I somewhat confused.

No I haven't used SoccerMystic until I can understand the benefit of it or how to use it properly.

Could you wrap these two in an example. Let's after 20 minutes it is 0-0 but you think there be more than 2 goals which is odds of 2.0 (Answer this would help massively)

You should complete the courses available at the BA Academy. It's explained in more detail than I have time for.

A while ago Peter (aka Euler) spoke to you about EV. I asked you if you knew who he was and you didn't respond. Now I'm not blowing smoke up his ass when I say that guy is a legend in this game. Almost to the point of having disciples. So if you respect that then you should go away and not come back until you've understood every molecule of what's contained in that advice. EV is a subject that could fill text books, if you want to trade the idea of learning all that should be exciting to the point where you don't even know who's playing today.

[JustLukeYou]

That's just gambling unless you understand EV.

The Smarkets guide said you can a positive EV but on here people it is always negative so I somewhat confused.

No I haven't used SoccerMystic until I can understand the benefit of it or how to use it properly.

Could you wrap these two in an example. Let's after 20 minutes it is 0-0 but you think there be more than 2 goals which is odds of 2.0 (Answer this would help massively)

You should complete the courses available at the BA Academy. It's explained in more detail than I have time for.

A while ago Peter (aka Euler) spoke to you about EV. I asked you if you knew who he was and you didn't respond. Now I'm not blowing smoke up his ass when I say that guy is a legend in this game. Almost to the point of having disciples. So if you respect that then you should go away and not come back until you've understood every molecule of what's contained in that advice. EV is a subject that could fill text books, if you want to trade the idea of learning all that should be exciting to the point where you don't even know who's playing today.

Unless I missed it Peter asked me what the EV was and that is where it ended. I might have missed an explanation but I didn't see it.

You said EV is always negative but the guide also says you can make your own odds up. It would help massively if you could answer the following:

1. What is EV and how is it used?

2. You said a 900% profit in one match doesn't matter but if I make a 900% profit 1 in 6 games then I will be profitable over the course of hundreds or even thousands of matches. So how is 900% profit in one game immaterial?