Wow It seems really complicated.

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rogerlisa
Posts: 195
Joined: Mon Apr 02, 2012 6:09 pm

I think I am really thick, because this seems really complicated and a way that if I am not carefuel could lose serious dosh. On the flip side it looks like a chance to make money without getting dirty.
First question. On the video I watched, which covered a soccer match between liverpool and arsenal, using 'dutching' the compare 'greened out' after making a profit of £13.00. When he did this a box came up saying
'bet angel - place bet'
'you are laying 0-1 at odds of with a stake of £33.21. Your liability will be £365.26'
'Place bet?'
This looked like he placed another bet when I thought he was finished or am I missing something? Help please
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Euler
Posts: 26431
Joined: Wed Nov 10, 2010 1:39 pm

It's as simple or as complicated as you wish to make it. What are you trying to do?
rogerlisa
Posts: 195
Joined: Mon Apr 02, 2012 6:09 pm

I am just trying to carry out the exact same action as the video showed as a start before going on to much more complicated stuff but I am worried that the wrong press of a button could be consequential. As stated in my earlier post if the video was closing his position why did it come up with you are about to lay a bet?
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Euler
Posts: 26431
Joined: Wed Nov 10, 2010 1:39 pm

To profit you have to lay at a lower price than you back at, or vice versa.

If you open a position by backing it will want to lay to close it and vice versa. Make sense?
Alpha322
Posts: 931
Joined: Fri Oct 30, 2009 4:45 pm

rogerlisa wrote:I am just trying to carry out the exact same action as the video showed as a start before going on to much more complicated stuff but I am worried that the wrong press of a button could be consequential. As stated in my earlier post if the video was closing his position why did it come up with you are about to lay a bet?
I would advise you to take one of Peters courses to get Familiar with the software, dont do what most have clicked a button and paid for it big time, i clicked over some banks when i started, small ones, when i improved on my trading i done a click mistake of a £1000, that hurt, stopped trading for 3 weeks, made a plan got it all back but i must admit taking the course 3 years on done me a hell of alot of good. Invest to accumalate
Alpha322
Posts: 931
Joined: Fri Oct 30, 2009 4:45 pm

Alpha322 wrote:
rogerlisa wrote:I am just trying to carry out the exact same action as the video showed as a start before going on to much more complicated stuff but I am worried that the wrong press of a button could be consequential. As stated in my earlier post if the video was closing his position why did it come up with you are about to lay a bet?
I would advise you to take one of Peters courses to get Familiar with the software, dont do what most have clicked a button and paid for it big time, i clicked over some banks when i started, small ones, when i improved on my trading i done a click mistake of a £1000, that hurt, stopped trading for 3 weeks, made a plan got it all back over a 4 week period, (money management played a big part) but i must admit taking the course 3 years on done me a hell of alot of good. Invest to accumalate
rogerlisa
Posts: 195
Joined: Mon Apr 02, 2012 6:09 pm

Thanks to all that answered. I have just made £150 but not exactly sure how other than following what Peter did in his freely available videos. One question though....
When the trade profit button goes green then I am clicking and it turns into lay bets. This bumps up my return revenue but to get the final bump up does this mean that the match has to finish 0-0, 0-1, or 1-0 (original backed results)?
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