Key questions?

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gutuami
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Joined: Wed Apr 15, 2009 4:06 pm

I would divide key questions in two parts: Pre-trading and In-trading. I pay attention to Pre-trading part. So I'd agree with Ferru on these 2 questions. Also I like the statements: "Consistency builds confidence" and "Be disciplined and the market will pay you for that".

Ferru:
"How do you prepare yourself mentally for trading?
How do you cope with a bad {or good} spell?
"
How prepared are you physically for the day of trading?
I mean when you're tired, sleepy, after a workout, hangover etc better not to do any trading. All depends on your state of your body and mind.

As for In-trading questions lots of them have been said already. I would add only one "when to call it a day".
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Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

What proportion of Betfair's customers come out ahead long-term?

Jeff
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federer

Ferru123 wrote:What proportion of Betfair's customers come out ahead long-term?

Jeff
Really nice ones. :)
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Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Thanks Federer! :)

Jeff
federer wrote:
Ferru123 wrote:What proportion of Betfair's customers come out ahead long-term?

Jeff
Really nice ones. :)
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Quinny
Posts: 83
Joined: Sat May 02, 2009 4:57 pm

hi Jeff
Did you think we haven't moved on in nearly two years.
regards
Quinny.
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Iron
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Joined: Fri Dec 11, 2009 10:51 pm

Quinny - Sometimes reading your posts is like trying to solve a crossword puzzle! :)

Can you elaborate please, as I really don't understand what you're asking?

Jeff
Quinny wrote:hi Jeff
Did you think we haven't moved on in nearly two years.
regards
Quinny.
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Quinny
Posts: 83
Joined: Sat May 02, 2009 4:57 pm

Jeff
I know who I am trying to help.

thanks.
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Iron
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Joined: Fri Dec 11, 2009 10:51 pm

I'm tempted to ask who you're trying to help, but I'm likely to receive another cryptic reply!

It's like trying to communicate with Gollum! :lol:

Jeff
Quinny wrote:Jeff
I know who I am trying to help.

thanks.
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Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Euler - Another question:

When opening and closing trades, do you always offer rather than take money?

Jeff
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socrates

Euler...

How long should I study before putting a system in place?

How much money do I need to test a strategy?

What information sources should I use when putting a strategy together? Blogs, stats, form, etc...

What is my hourly rate target? Basically, a profitable system can generate £100/ day, but it may take 12 hours of effort to operate the system and would it be better to do something else.
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hgodden
Posts: 1759
Joined: Thu Apr 16, 2009 2:13 pm

Can anyone become a trader?

Is trading something I genuinely enjoy or just a step to make money?

Am I honest enough with myself in order to recognise and rectify mistakes that I make when things go wrong?

Am I opening a trade out of hope or out of expectation?
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to75ne
Posts: 2439
Joined: Wed Apr 22, 2009 5:37 pm

can i stomach the long hours with no interaction with other human beings; hour after hour, day after day, week after week, month after month? do i have the required personality to cope with the isolation?
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freddy
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Joined: Sun Aug 01, 2010 8:22 pm

Do you think that people new to trading tend to over think and over complicate what they need to do to make a profit ?.
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Iron
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Joined: Fri Dec 11, 2009 10:51 pm

How do you spot and exploit suspicious betting patterns (assuming that doing so doesn't present an ethical problem)? :)

Jeff
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to75ne
Posts: 2439
Joined: Wed Apr 22, 2009 5:37 pm

Ferru123 wrote:How do you spot and exploit suspicious betting patterns (assuming that doing so doesn't present an ethical problem)? :)

Jeff
jeff what ethical problems? do you mean whats the probability of getting caught :lol:
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