I've travelled to London from Auckland, New Zealand with no source of income, if the trading doesn't work I'm on the streets. Help. I need new strategies fast.
Not only is winning nice, it's an absolute bloody neccessity. London is expensive man.
A Question from Russia about automation of Guardian
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- Posts: 26
- Joined: Mon Jan 04, 2010 1:42 pm
i will explain how to set your guardian at 1.01 in play on suposidley the winning horse make a automation rule back in play when fav odds at 1.01 to back with the amount of liabillity you are willing to lose hopefully you will only back one horse but get ready to lose big time if two horses reach that price its easy to do but i dont think you will get rich quick hope that helps. 

My point was this is a stupid and dangerous strategy that will lead to pain and suffering, and make savvy trades betting against it a lot of money. Your up against on course traders with a 6 second advantage, even they get it wrong.legendz wrote:MG
BTW Please keep backing at 1.01 /1.02 using guardian - I need some work doing on my yacht.
so will 1.03 turn a profit then![]()
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Lay all 1.01's......then lay the draw ......then get in at the top or the bottom of a turning market... cut your losses....let you're profit lie..(I mean fly).....then lay the draw again.....wake up in the middle of the night, after a red wine fuelled evening and write down your ideas.... implement those ideas.. even if its a picture of a smiley face been sick....lay the draw... back the favourite...dont chase after your loses like they are your dreams of being 25 years old again....lay the draw...watch the markets... send profit on a postcard to..... 

totally agree , i watched a race at catterick a while back fav and second fav fighting it out , matched 1.01 and 1.05 , complete outsider came round the pair 66/1 at the off , traded 1000 inplay , thank you very much !!! there wasnt a single laptop out for the next race , at least they knew to pack up and call it a day and not play on tilt.mugsgame wrote:My point was this is a stupid and dangerous strategy that will lead to pain and suffering, and make savvy trades betting against it a lot of money. Your up against on course traders with a 6 second advantage, even they get it wrong.legendz wrote:MG
BTW Please keep backing at 1.01 /1.02 using guardian - I need some work doing on my yacht.
so will 1.03 turn a profit then![]()
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so it can be done , you need to be oncourse to beat the delay , have the right equipment , but most of all the right frame of mind and knowledge , ohh and balls of steel.
definatley not something for automation.
You are all writing ideas, but if you trade, some of you, are getting profit. If you know how to make profit from automation, I can buy this idea, whats the problem? I didnt get it. If you write, yes I make profit everyday so its easy for you to sell this idea, and writing and writing is not so helpful in this case. Im looking for a help, and most of you write things like Im sitting on a yacht and other staff like this. If you are helpful, please help, if you dont, so dont write silly things please.
mugsgame wrote:I'll share my knowledge with you.
I don't do it for free anymore. My rate is £800 per day ( 5 hours) I estimate you will need 600 days tuition to get you to my standard (Pro), that is on the understanding that you are not a moron and can apply simple instruction & discipline.
Did you not see this part in the same post as the "yacht".
It's a serious offer. Did what you mean to say was "I'm looking for help on the cheap?"
- CaerMyrddin
- Posts: 1271
- Joined: Mon Sep 07, 2009 10:47 am
There is no point in selling something like this to you, as Peter pointed out.
I'd thought that, having previously reached a comparable level at in-play trading to Mr Wong (http://elitebet.blogspot.co.uk/), you were now king of pre-off trading (judging by your comment the other day about how Adam and Peter were feeling a disturbance in the force!).
Why on earth do you need new strategies?
Jeff


Jeff
Zenyatta wrote:Help. I need new strategies fast.
London is a bit more costly than I thought Jeff, I'm frantically having to pump 1000s into the markets to keep my head above water, and everything is different using these huge stakes, I'm finding I can't get out of losing bets fast enough and my bets are affecting the odds.
I don't think you really have a clue what you're doing. You've had a few good results, and I feel you've been fooled by randomness. I think you are pursuing fundamentally flawed strategies. You don't appear have an edge, and I think you will end up broke if you keep throwing good money after bad.
If I were you, I'd stop using Betfair for now and consider other options. Not necessarily quitting Betfair, but using small stakes until you have a method that you have very good reason to believe is sound, through robust testing. Also, if you're trading for survival, you are unlikely to be able to execute your trades with sufficient discipline.
I hope you take the above in the constructive spirit in which it was intended. I was tempted to soften the blow by including a smiley, but I'm being deadly serious about what is a deadly serious situation, and I don't think it would be appropriate.
There are many ways to achieve financial success. Betfair is just one. Have you ever considered becoming an Ebay trader?
Jeff
If I were you, I'd stop using Betfair for now and consider other options. Not necessarily quitting Betfair, but using small stakes until you have a method that you have very good reason to believe is sound, through robust testing. Also, if you're trading for survival, you are unlikely to be able to execute your trades with sufficient discipline.
I hope you take the above in the constructive spirit in which it was intended. I was tempted to soften the blow by including a smiley, but I'm being deadly serious about what is a deadly serious situation, and I don't think it would be appropriate.
There are many ways to achieve financial success. Betfair is just one. Have you ever considered becoming an Ebay trader?
Jeff
Zenyatta wrote:London is a bit more costly than I thought Jeff, I'm frantically having to pump 1000s into the markets to keep my head above water, and everything is different using these huge stakes, I'm finding I can't get out of losing bets fast enough and my bets are affecting the odds.
Oh I do have huge cash reserves Jeff, I don't bet what I can't afford to lose, so I can do this. I had a bit of luck in the lottery recently, so this is really just free money I'm playing with. If it doesn't work out, I move on to something else. It's very very tough, no question about that 

Good luck - You know your situation better than we do, but I hope you are being completely honest with yourself. One of the key qualities a trader needs IMHO is the ability to see things as they are rather than as we would wish them to be... I speak as someone who lost a couple of grand spread betting on the financials before I realised that I should have stayed in practice mode until I was achieving consistently good results in practice mode... 
Jeff

Jeff
The 'travel and bet' idea has been a bit of a disaster so far. I thought I'd catch the Eurostar train from London to Paris to see a bit of France, whilst trying to trade at the same time. The net was erratic at St Pancras Interntional, and I was distracted by the hussle and bustle of the place. After tring to check in my bags, get my tickets and go through passport controls whilst trading with laptop in hand, lapses of concentration had cost me hundreds.
In the waiting lounge, I continued trading. After placing hundreds into the market, my attention was suddenly jerked away by the boarding announcement for the train. When I jerked my head back to the screen, the market had gone in-play and I lost another hundred.
Over at Paris gare de nord station, I found that there was no free wi-fi. I frantically ran out of the station and had to search for free wi-fi, finally managing to log to the VPS at a French McDonalds. Too late! My spread-sheet had continued putting positions in the market, and without me to supervise it, had lost even more. The net cut out on me again.
I thought I'd try to turn things around by making for my hotel as soon as possible, and get fast reliable net there.
Wandering the streets, I was accosted by French beggars, begging in fluent France. I stated 'Je ne parle pas français'('I don't speak French'), suddenly, I swear this true, they immediately switched to begging in fluent English , holding me up for many minutes.
Wandering about, I desperately made for the free internet in the hotel lobby. Too late again! Hundreds more down the drain.
I guess it's not so easy trading and travelling
In the waiting lounge, I continued trading. After placing hundreds into the market, my attention was suddenly jerked away by the boarding announcement for the train. When I jerked my head back to the screen, the market had gone in-play and I lost another hundred.
Over at Paris gare de nord station, I found that there was no free wi-fi. I frantically ran out of the station and had to search for free wi-fi, finally managing to log to the VPS at a French McDonalds. Too late! My spread-sheet had continued putting positions in the market, and without me to supervise it, had lost even more. The net cut out on me again.
I thought I'd try to turn things around by making for my hotel as soon as possible, and get fast reliable net there.
Wandering the streets, I was accosted by French beggars, begging in fluent France. I stated 'Je ne parle pas français'('I don't speak French'), suddenly, I swear this true, they immediately switched to begging in fluent English , holding me up for many minutes.
Wandering about, I desperately made for the free internet in the hotel lobby. Too late again! Hundreds more down the drain.
I guess it's not so easy trading and travelling
