first day trading

[pokerhead]

Just finish my first day trading using guardian traded 26 horse races at 5 pound stakes for a profit of 3.71 this included 19 green trades and 7 red ones is this OK for first attempt or should I try again with different system completely new tow this first day of one month trial on bet angel cheers any input good or bad welcome:

[6thSense]

Persevre and gather more data. Planning your whole future strategy on the outcome of one day's results is probably a naive idea.

I recommend you view the articles here - viewtopic.php?f=17&t=8320

[hgodden]

Persevre and gather more data. Planning your whole future strategy on the outcome of one day's results is probably a naive idea.

I recommend you view the articles here - viewtopic.php?f=17&t=8320

What he said

[pokerhead]

Day five of my system four green days one red total profit for five days trading 19.32 this is on practice mode will this be the same on live mode less bet fair % ? Will try for another 6or7 days before I try for real

[hgodden]

With 5 pound stakes then I suppose it's likely to be the same or similar in live mode. Obviously larger stakes would be harder to replicate

[gazuty]

Day five of my system four green days one red total profit for five days trading 19.32 this is on practice mode will this be the same on live mode less bet fair % ? Will try for another 6or7 days before I try for real

The main reason that you may not replicate in live mode is your mind and the voice in your head. After each loss it will say "go harder in the next one, the system works - double down". At the end of the trading day you won't even know what your system was and your brain will throb.

Mental preparation is imperative for success. Even better if you can reduce your "system" to rules and automate.

[pokerhead]

This is an automatic system through guardian I turn it on and let it run and see what happens

[pokerhead]

Newbie question how do you permanently turn off bet confirmation as I forgot to do so this morning and lost whole day trading

[woodhousejj]

Hi - From another newbie - and I guess someone else will correct if there is a better way. How I have done it is to change in settings and then save that setting with a name. On the sign on screen to BA there is a drop down menu to load the BA setting you want. Once changed this will be the default until you change it on signing in.
John

[pokerhead]

Thanks for the tip will try that today cheers.have just read post about bet fair suspending account if you use practice mode for to long bit worried now to keep testing my system not sure of it yet don't no what to do.

[LinusP]

Don't worry about it, I think you get a warning first. How many bets are you placing per hour?

[pokerhead]

Not sure how many bets an hour most matched bets in single race is 52 but average about 25 according to guardian. Trying to stop trading a race in guardian when I reach a certain loss as if my system gets to this point it not going to get any better only worse can anyone help?

[pokerhead]

Not sure how many bets an hour most matched bets in single race is 52 but average about 25 according to guardian. Trying to stop trading a race in guardian when I reach a certain loss as if my system gets to this point it not going to get any better only worse can anyone help?

[pokerhead]

Oops sorry about double post