Newbie: Help needed please!

[lee1578]

Iv'e just got the betangel 7 day trial after watching the videos over and over again trying to understand how the markets work.
I come from the back side of things (like most people I suspect), but also Iv'e done a little bit of laying (unsuccessfully).

So when I saw the betangel "win whatever the result" I was pretty curious as to how this was done. I started on the one click screen and had every set up as it was in the tutorial (force open set to reverse, 10 seconds kill or fill etc). I only used the minimum stake but every race I ended up with a loss and no profit! How do you read the market, I was looking at the charting and then clicking on the lay or back side whether the price was going out or coming in but that didn't seem to work. I was looking at the WOM but I couldn't figure out how the price was moving and inevitably my lay bet was getting matched but then the price came in and had to close out and settle for a loss.

I only lost £1.19 which is nothing but how do I make a profit??
Any help or advice would be welcome.

Thanks
Liam

[Euler]

If you trade at random you will break even over the long term, less costs like comission. The market generates profits and losses in roughly equal proportion. So you need to settled on a strategy or ideas that will allow you to grab a bit of profit and cut your losses when it doesn't go as planned.

You may want to start here: -

viewtopic.php?f=17&t=4128