never said I'm better than anyone infact I'm just learningburdo77 wrote:Trading 101
Lay at the bottom of range
Back at top
This will not work all the time as you will have to use your judgement.
Set an entry point and exit point and stick to it....
I suspect it will take a year or two before you make consistent money.
Don't ever think you are better than any other trader as there are some bots that can manipulate a market quicker than you can say $&@?....
making tenner a day for newbie possible or am i expecting to
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newbietrader
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newbietrader
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I feel I can make 1£ per race with dutching software but id love to hear from experienced guys
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newbietrader
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yes marko trying different things what's your thought about dutching bromarko236 wrote:Try lots of different ideas, if you can go a long time and break even after commision your on the right track.
You'll find this is a journey of discovery!
It will possibly even expose elements of your personality and character that you had been unaware of!
However, what works for me might not work for you.
If you've made 2% of your stakes, that's a great start - it's more than you'd get in bank interest.
Just keep avoiding the pitfalls - remember to trade not gamble, don't trade with alcohol in your system, and don't trade when you have an erection in your shorts.....all of these things stop the brain from working properly!
It will possibly even expose elements of your personality and character that you had been unaware of!
However, what works for me might not work for you.
If you've made 2% of your stakes, that's a great start - it's more than you'd get in bank interest.
Just keep avoiding the pitfalls - remember to trade not gamble, don't trade with alcohol in your system, and don't trade when you have an erection in your shorts.....all of these things stop the brain from working properly!
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newbietrader
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- Joined: Sun Nov 02, 2014 10:54 am
haha I don't drink mate and kind of loner so no gf issues either, what's your thought on dutching easy way to nick some pens here and there or not good long term?LeTiss 4pm wrote:You'll find this is a journey of discovery!
It will possibly even expose elements of your personality and character that you had been unaware of!
However, what works for me might not work for you.
If you've made 2% of your stakes, that's a great start - it's more than you'd get in bank interest.
Just keep avoiding the pitfalls - remember to trade not gamble, don't trade with alcohol in your system, and don't trade when you have an erection in your shorts.....all of these things stop the brain from working properly!
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newbietrader
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non runners are listed already isn't it? how do I break even in some outsiders like peter did in one videoLeTiss 4pm wrote:I often use dutching/bookmaker tabs, but in terms of horse racing you need to be aware of non runners - that can change the market dramatically
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newbietrader
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I traded basketball today when portland was at 1.22 I backed and layed at 1.01 made 1£ with fiver, anyone trade basketball?
Yes I do - not 'in play' though, as I'm not a genuine fan of the sport
However, liquidity on NBA is generally pretty good (although not as good as days gone by) and I've had great success over the years on pre-event markets where there's only 2 runners. I suppose this initially came from my love for Tennis and my passion for Tennis markets, but anything where there's 2 runners (Basketball, American Football, Tennis, Goals Over & Under, Snooker, Darts (non premier league)) have been a source of great trading for me
Ultimately, they are very easy to read, as when 1 price is coming in, the other has to go out. It's also easy to dutch and bookmake these markets because you only need 2 matched bets
However, liquidity on NBA is generally pretty good (although not as good as days gone by) and I've had great success over the years on pre-event markets where there's only 2 runners. I suppose this initially came from my love for Tennis and my passion for Tennis markets, but anything where there's 2 runners (Basketball, American Football, Tennis, Goals Over & Under, Snooker, Darts (non premier league)) have been a source of great trading for me
Ultimately, they are very easy to read, as when 1 price is coming in, the other has to go out. It's also easy to dutch and bookmake these markets because you only need 2 matched bets
I have no figures to back that up Peter, so I might be talking crap. It just feels as though the 'fill rate' has slightly declined, but like I say I might be totally wrongEuler wrote:I'm about to do a blog post about NBA. I was amazed when I was in the US at how liquid the NBA markets were. So surprised to here you say volume is falling.
- CaerMyrddin
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Don't have any data too, but was told by a friend some time ago the exact same thing...
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newbietrader
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odds move too fast in tennisLeTiss 4pm wrote:Yes I do - not 'in play' though, as I'm not a genuine fan of the sport
However, liquidity on NBA is generally pretty good (although not as good as days gone by) and I've had great success over the years on pre-event markets where there's only 2 runners. I suppose this initially came from my love for Tennis and my passion for Tennis markets, but anything where there's 2 runners (Basketball, American Football, Tennis, Goals Over & Under, Snooker, Darts (non premier league)) have been a source of great trading for me
Ultimately, they are very easy to read, as when 1 price is coming in, the other has to go out. It's also easy to dutch and bookmake these markets because you only need 2 matched bets
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newbietrader
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yes peter around 300k+ was matched today I guess, also any advice or blog for me to readEuler wrote:I'm about to do a blog post about NBA. I was amazed when I was in the US at how liquid the NBA markets were. So surprised to here you say volume is falling.
