We've heard of many cases of fraud in recent times, where basically somebody is trading with a fund financed from gullible investors
It's very easy to throw money around willy nilly when it isn't yours to lose
This activity looks like another sucker ultimately on the cusp of doing other people's bollocks
whats with the new slopping bot
Any trader that's really good would never need investors, take Peter for example he could raise millions of pounds and i would be first in there if he did, but why would he theres no point he could just get the money himself and control markets if he wanted to.LeTiss 4pm wrote:We've heard of many cases of fraud in recent times, where basically somebody is trading with a fund financed from gullible investors
It's very easy to throw money around willy nilly when it isn't yours to lose
This activity looks like another sucker ultimately on the cusp of doing other people's bollocks
Peter would be the first to admit that Betfair is only scalable so far..
You could have two traders; A average trader with £10m in their account or a excellent trader with £50k in their account. My money would be with the excellent trader every time.
You could have two traders; A average trader with £10m in their account or a excellent trader with £50k in their account. My money would be with the excellent trader every time.
Agreed on the scalping comment!
You can derive a method to scalp successfully a high% of the time but it just takes one misshap to reconsider whether it's worth it.
All it takes is for the server to go down and you have lost a fortune to make a couple of pennies!
You can derive a method to scalp successfully a high% of the time but it just takes one misshap to reconsider whether it's worth it.
All it takes is for the server to go down and you have lost a fortune to make a couple of pennies!
Agree it's the lazy mans way of trying to make money, and they have big risks like sever going down.burdo77 wrote:Agreed on the scalping comment!
You can derive a method to scalp successfully a high% of the time but it just takes one misshap to reconsider whether it's worth it.
All it takes is for the server to go down and you have lost a fortune to make a couple of pennies!
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steven1976
- Posts: 1744
- Joined: Tue Jan 19, 2010 6:28 am
What if you can trade the same price multiple times? Why would that be lazy if a price is stuck. Say for example trading half time odds.marko236 wrote:Agree it's the lazy mans way of trying to make money, and they have big risks like sever going down.burdo77 wrote:Agreed on the scalping comment!
You can derive a method to scalp successfully a high% of the time but it just takes one misshap to reconsider whether it's worth it.
All it takes is for the server to go down and you have lost a fortune to make a couple of pennies!
Gents,
Scalping shouldn't be considered lazy; its anything but.
Its a tool to be used at the appropriate time and can be just as effective as anything else
B - You can mitigate any risk. When scalping why not fire in an offset well out of the money and have the automation running in the back ground to take SP on any unmatched bets..
Scalping shouldn't be considered lazy; its anything but.
Its a tool to be used at the appropriate time and can be just as effective as anything else
B - You can mitigate any risk. When scalping why not fire in an offset well out of the money and have the automation running in the back ground to take SP on any unmatched bets..
Sorry i got mixed up theresteven1976 wrote:What if you can trade the same price multiple times? Why would that be lazy if a price is stuck. Say for example trading half time odds.marko236 wrote:Agree it's the lazy mans way of trying to make money, and they have big risks like sever going down.burdo77 wrote:Agreed on the scalping comment!
You can derive a method to scalp successfully a high% of the time but it just takes one misshap to reconsider whether it's worth it.
All it takes is for the server to go down and you have lost a fortune to make a couple of pennies!
i use scalping myself, i was taking about people using large amounts of money to push the market about.