http://www.paulorebelotrader.com/forum/ ... 075.0.html
groovy
Portugese Superstar
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Groovyelms
- Posts: 277
- Joined: Fri May 20, 2011 7:42 am
Any comment, thoughts, musings, on the link below?
http://www.paulorebelotrader.com/forum/ ... 075.0.html
groovy
http://www.paulorebelotrader.com/forum/ ... 075.0.html
groovy
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CaerMyrddin
- Posts: 1271
- Joined: Mon Sep 07, 2009 10:47 am
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Groovyelms
- Posts: 277
- Joined: Fri May 20, 2011 7:42 am
Thanks for that I am a terrible speller... really impressive stuffCaerMyrddin wrote:Yes:
http://en.wikipedia.org/wiki/Portuguese
It's spelled with an 'U'.
He's the Mourinho of trading
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CaerMyrddin
- Posts: 1271
- Joined: Mon Sep 07, 2009 10:47 am
Yes, it is, he's the 'special one', isn't he?
Curiously he doesn't trade the nags, but if you think about it, a great trader as him would earn more in other sports, imho.
Curiously he doesn't trade the nags, but if you think about it, a great trader as him would earn more in other sports, imho.
Amazing returns, but nobody makes 15k from under/over 3.5 markets without taking some kind of gamble initially, those profits just aren't available pre-event.
IMO, he's a professional gambler, who will sometimes green up when he's happy with his return. I don't classify activity like his, as being an actual BF trader. OK, he probably uses trading software like BA, but that's just for the ease of watching a number of markets simultaneously and getting bets on quicker
IMO, he's a professional gambler, who will sometimes green up when he's happy with his return. I don't classify activity like his, as being an actual BF trader. OK, he probably uses trading software like BA, but that's just for the ease of watching a number of markets simultaneously and getting bets on quicker
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CaerMyrddin
- Posts: 1271
- Joined: Mon Sep 07, 2009 10:47 am
I'm sorry Darren, but you are wrong. He layed the under @1.01, when Hugo Almeida scored the 4th in the last minute!
That's still a gamble though isn't it. To win £15k means he must have offered a large amount of money initially. Even at 1.01, £15k in stakes is £150 liability. He's not predicting a goal, or a price movement, he just thinks there's still a good chance of a goal and 1.01 is worth laying
I've said this on other threads, the difference between a gamble and a trade is quite often a very grey area
I've said this on other threads, the difference between a gamble and a trade is quite often a very grey area
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CaerMyrddin
- Posts: 1271
- Joined: Mon Sep 07, 2009 10:47 am
I'm sorry Darren, I was in a rush to trade out and wasn't able to write a proper answer.
I'm sorry again because he didn't lay at 1.01, he layed at several diffenrent prices and also backed, so he effectively traded.
That said, I have to agree with you, the difference between gambling and trading is quite often undistinguishable. If you lay a price supposing it is going up, or you lay a Ox.5 because you feel a goal is coming up, both based on your assesment, it all comes up to finding value in the end. So, gambling or trading, I don't care, as long as the money keeps coming in
Back to the topic,this guy is a legend in the portuguese trading comunity. I have to confess I thouhght he was some sort of a con when he first showed up, but now I'm convinced he's for real. He must have one of the sharpest minds finding value live in the whole world.
I'm sorry again because he didn't lay at 1.01, he layed at several diffenrent prices and also backed, so he effectively traded.
That said, I have to agree with you, the difference between gambling and trading is quite often undistinguishable. If you lay a price supposing it is going up, or you lay a Ox.5 because you feel a goal is coming up, both based on your assesment, it all comes up to finding value in the end. So, gambling or trading, I don't care, as long as the money keeps coming in
Back to the topic,this guy is a legend in the portuguese trading comunity. I have to confess I thouhght he was some sort of a con when he first showed up, but now I'm convinced he's for real. He must have one of the sharpest minds finding value live in the whole world.