Hi JEFF.
Many thanks for the links, i read the blog and seen the part on MILLION DOLLAR TRADERS ,i was able to watch all 3 episodes on you tube,i stayed up untill 4,40 am watching it ,it was a great insight to trading i dont really see a difference with trading stocks and the betting exchanges,the principles are the same.
Regards
Marc
That's gotta hurt!
Hi Marc
Million Dollar Traders was an enjoyable program to watch, and I'm sure it represents the reality of trading for many traders. However, it only presented one aspect of trading - fundamental analysis (looking at economic news, profit and loss statements, etc). There are another group of traders, the technical guys, who aren't interested in fundamentals, and just respond to what's happening in the market (just as there are Betfair traders who admit they know nothing about horse racing).
There are similarities between Betfair and the financial markets, and differences. It's one of those topics that gets hammered to death every so often in the forum, but as it's nearly 1am and I'm just online because I can't get to sleep, I won't go into the arguments just now!
But I think they are fundamentally similar in that they are driven by the same psychological forces.
Jeff
Million Dollar Traders was an enjoyable program to watch, and I'm sure it represents the reality of trading for many traders. However, it only presented one aspect of trading - fundamental analysis (looking at economic news, profit and loss statements, etc). There are another group of traders, the technical guys, who aren't interested in fundamentals, and just respond to what's happening in the market (just as there are Betfair traders who admit they know nothing about horse racing).
There are similarities between Betfair and the financial markets, and differences. It's one of those topics that gets hammered to death every so often in the forum, but as it's nearly 1am and I'm just online because I can't get to sleep, I won't go into the arguments just now!
But I think they are fundamentally similar in that they are driven by the same psychological forces.Jeff
convoysur wrote:Hi JEFF.
Many thanks for the links, i read the blog and seen the part on MILLION DOLLAR TRADERS ,i was able to watch all 3 episodes on you tube,i stayed up untill 4,40 am watching it ,it was a great insight to trading i dont really see a difference with trading stocks and the betting exchanges,the principles are the same.
Regards
Marc
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
Got this one:
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
You wait for ages then 2 come along in next to no time. Has made a nice end to the month
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
Can't say I am much of a fan of days like today especially with it being so hot but decided to just nip in and do the 5 mins before the of and inrunning today whilst sorting furniture out inbetween. Nearly didn't bother with today but glad I did now
Bar the nice win have managed to grind out £200 or so, so not too bad.
Bar the nice win have managed to grind out £200 or so, so not too bad.