Should I Excel

[honeymill]

Hi all,
I need help here. I've been using Bet Angel for the past 18 months and using 2 euro bets, I have been losing a steady 50 euro per quarter.
I'm all at sea when it comes to the sudden movements of the traders.
I have a simple home computer with a basic version of Windows, meaning Excel doesn't come supplied with it. I have read others here using Excel data to work out strategies and maybe figure what is going on the the Betfair racing market.
My question simply is: should I invest to 100 euro or so buying the Windows Excel software?

[honeymill]

Please.

[marksmeets302]

Excel is not some magic potion. It can be used to automate strategies, but those are mostly found by playing the market or thinking really hard about inefficiencies. Don't count on getting an immediate return on investment.

[honeymill]

Thanks Marksmeets. I was wondering if I could use Excel to analyse markets and trends.

[jamertroy]

I think no one has ever done done yet but I think this would be entirely possible though.