Newbie Help

[delghisallo]

Hi Guys,

I am looking for some help as a complete newbie. I've scoured the internet and cannot find a definition or the method for reducing / managing liabilities when trading.....can anyone help?

cheers

Gareth

[marko236]

That depends on how you trade, if you are using stops and not going into play 10% of your bank is a good number, but if your taking your trades into play 1% is the most you should risk.

[delghisallo]

Thanks Mark....I'm trading the in-play football in practice mode at the moment. I understand the staking side and as you say I'm practicing with a similar percentage of my practice bank as to what you mention (1%).

I've read somewhere about "reducing liabilities" by moving profits from the unders market to overs, but don't understand this concept.

[marko236]

I only reduce liabillities on the match odds so can't comment but it sounds like a good idea.

I'm sure someone will post something that may help.

[kelpie]

I've read somewhere about "reducing liabilities" by moving profits from the unders market to overs, but don't understand this concept.

If you back overs for £100 @ 1.7, take the £70, split in two, and put £35 into the overs at 3.0

Or variations on this theme to suit personal taste.

good luck

[delghisallo]

Thanks kelpie.....I dont suppose anyone can explain the mechanics / logic behind doing this ....sorry if this is basic! ! Just trying to get my head around the process

[kelpie]

meant £35 into the unders...