Where Am I Specifically Going Wrong With This Please?

[JustLukeYou]

Everybody on this forum knows the answer to that question except you! If you can't figure it out you may as well give up, as you will continue going round in circles.

The questions never stop Derek, do they I am very familiar with this type of personality, like I was telling Shaun the other day, that's why I'm convinced that Luke will give up. This is a person that has practically given up on his toy making business (if that part is true) and is spending all his time on the forum/Youtube/Smarkets looking for other easy ways to make money.

You don't need 277 posts to realize that someone is not here to learn. This is a common issue with most "Millennials" who are used to having instant (internet) access to all sorts of things and they're used to instant gratification in general, everything is fast and instant in their world so they assume that trading is too. But even so, Luke seems to be an extreme case.

Don't wish to be rude but believe that you want. I said I no longer want to run my online toy business - have you seen how much competition there is on Amazon? The market has a very low barrier to entry. I am competing against people who sell below the VAT limit of £82k and can undercut my price and make the same profit as me because I have to pay VAT.

If I backed the trades that I saw I wouldn't be asking so many questions because my profit would be much higher.

[jimibt]

Everybody on this forum knows the answer to that question except you! If you can't figure it out you may as well give up, as you will continue going round in circles.

The questions never stop Derek, do they I am very familiar with this type of personality, like I was telling Shaun the other day, that's why I'm convinced that Luke will give up. This is a person that has practically given up on his toy making business (if that part is true) and is spending all his time on the forum/Youtube/Smarkets looking for other easy ways to make money.

You don't need 277 posts to realize that someone is not here to learn. This is a common issue with most "Millennials" who are used to having instant (internet) access to all sorts of things and they're used to instant gratification in general, everything is fast and instant in their world so they assume that trading is too. But even so, Luke seems to be an extreme case.

Don't wish to be rude but believe that you want. I said I no longer want to run my online toy business - have you seen how much competition there is on Amazon? The market has a very low barrier to entry. I am competing against people who sell below the VAT limit of £82k and can undercut my price and make the same profit as me because I have to pay VAT.

If I backed the trades that I saw I wouldn't be asking so many questions because my profit would be much higher.

Can you post a link to your onlinebiz, would be interested to see how it looks

[JustLukeYou]

The questions never stop Derek, do they I am very familiar with this type of personality, like I was telling Shaun the other day, that's why I'm convinced that Luke will give up. This is a person that has practically given up on his toy making business (if that part is true) and is spending all his time on the forum/Youtube/Smarkets looking for other easy ways to make money.

You don't need 277 posts to realize that someone is not here to learn. This is a common issue with most "Millennials" who are used to having instant (internet) access to all sorts of things and they're used to instant gratification in general, everything is fast and instant in their world so they assume that trading is too. But even so, Luke seems to be an extreme case.

Don't wish to be rude but believe that you want. I said I no longer want to run my online toy business - have you seen how much competition there is on Amazon? The market has a very low barrier to entry. I am competing against people who sell below the VAT limit of £82k and can undercut my price and make the same profit as me because I have to pay VAT.

If I backed the trades that I saw I wouldn't be asking so many questions because my profit would be much higher.

Can you post a link to your onlinebiz, would be interested to see how it looks

I sell on Amazon.

[Kai]

Don't wish to be rude but believe that you want.

That's good, you shouldn't care what other people think, but to be fair you did end a large portion of those 280 posts by asking for people's thoughts and views on things. If you think that selling toys on Amazon is harder than being a self-employed sports trader then fair enough, I can understand why someone would have this opinion, especially if they were brainwashed by random Youtubers.

But you have to be a realist, there is just not enough progress and effort here in these 2 weeks, despite the countless advice from many full time traders including Peter himself. Surely there are other business avenues that you can pursue instead, this all seems like a massive waste of time which you will most likely realize yourself soon.

If I backed the trades that I saw I wouldn't be asking so many questions because my profit would be much higher.

You would be asking questions no matter what, that is your personality and approach. If you think that you know better than this forum then you're welcome to try, you will find the markets at www.betfair.com.

[JustLukeYou]

Don't wish to be rude but believe that you want.

That's good, you shouldn't care what other people think, but to be fair you did end a large portion of those 280 posts by asking for people's thoughts and views on things. If you think that selling toys on Amazon is harder than being a self-employed sports trader then fair enough, I can understand why someone would have this opinion, especially if they were brainwashed by random Youtubers.

But you have to be a realist, there is just not enough progress and effort here in these 2 weeks, despite the countless advice from many full time traders including Peter himself. Surely there are other business avenues that you can pursue instead, this all seems like a massive waste of time which you will most likely realize yourself soon.

If I backed the trades that I saw I wouldn't be asking so many questions because my profit would be much higher.

You would be asking questions no matter what, that is your personality and approach. If you think that you know better than this forum then you're welcome to try, you will find the markets at www.betfair.com.

A number of people told me to watch Paulo Rebelo's videos and his processes are complete opposite to finding games that 0-0 at half time and see if a goal will be scored.

I think pre-match research helps massively. For example, with Real Sociedad the stats showed there would be plenty of goal and is currently 3-1.

[Kai]

Not trying to be rude by saying this, but your obvious inability to think for yourself and form your own opinions makes it very clear that you're looking for an easy to follow process/system, which trading definitely isn't.

If trading is too complex then maybe find a betting service that very literally tells you what do, I think people discussed Ian Erskine on the forum so maybe look for that, no idea how profitable his stuff is but Peter did confirm that he's not a snake oil salesman. So if you feel completely and utterly lost without very clear instructions, maybe you can do some casual punting there while you find a different business to get into.

[jimibt]

Not trying to be rude by saying this, but your obvious inability to think for yourself and form your own opinions makes it very clear that you're looking for an easy to follow process/system, which trading definitely isn't.

If trading is too complex then maybe find a betting service that very literally tells you what do, I think people discussed Ian Erskine on the forum so maybe look for that, no idea how profitable his stuff is but Peter did confirm that he's not a snake oil salesman. So if you feel completely and utterly lost without very clear instructions, maybe you can do some casual punting there while you find a different business to get into.

yeah, rather than seeing comments from Luke that displays learning acquisition, it feel like the needle is stuck on repeat...

I would (by now) have expected to see comments along the lines of: *at 85 minutes i layed the OU25 unders at 1.10 odds because the dynamic of team A was unrelenting. As there were 4 minutes added time, my confidence was fairly high that the 3rd goal would come. Unfortunately, it didn't materialise, however, i looked at the £100 loss as a buisness expense as the upside had been so great* -etc...

[JustLukeYou]

Not trying to be rude by saying this, but your obvious inability to think for yourself and form your own opinions makes it very clear that you're looking for an easy to follow process/system, which trading definitely isn't.

If trading is too complex then maybe find a betting service that very literally tells you what do, I think people discussed Ian Erskine on the forum so maybe look for that, no idea how profitable his stuff is but Peter did confirm that he's not a snake oil salesman. So if you feel completely and utterly lost without very clear instructions, maybe you can do some casual punting there while you find a different business to get into.

yeah, rather than seeing comments from Luke that displays learning acquisition, it feel like the needle is stuck on repeat...

I would (by now) have expected to see comments along the lines of: *at 85 minutes i layed the OU25 unders at 1.10 odds because the dynamic of team A was unrelenting. As there were 4 minutes added time, my confidence was fairly high that the 3rd goal would come. Unfortunately, it didn't materialise, however, i looked at the £100 loss as a buisness expense as the upside had been so great* -etc...

That is essential what I am doing. But on different markets but there are also some trades I am not taking even though I am very confident they are going to happen.

[jimibt]

Not trying to be rude by saying this, but your obvious inability to think for yourself and form your own opinions makes it very clear that you're looking for an easy to follow process/system, which trading definitely isn't.

If trading is too complex then maybe find a betting service that very literally tells you what do, I think people discussed Ian Erskine on the forum so maybe look for that, no idea how profitable his stuff is but Peter did confirm that he's not a snake oil salesman. So if you feel completely and utterly lost without very clear instructions, maybe you can do some casual punting there while you find a different business to get into.

yeah, rather than seeing comments from Luke that displays learning acquisition, it feel like the needle is stuck on repeat...

I would (by now) have expected to see comments along the lines of: *at 85 minutes i layed the OU25 unders at 1.10 odds because the dynamic of team A was unrelenting. As there were 4 minutes added time, my confidence was fairly high that the 3rd goal would come. Unfortunately, it didn't materialise, however, i looked at the £100 loss as a buisness expense as the upside had been so great* -etc...

That is essential what I am doing. But on different markets but there are also some trades I am not taking even though I am very confident they are going to happen.

i think my *commentary* was too subtle tbh. the inference in the comment was the LEARNING, which is summed up in the acknowledgement that things hadn't gone as planned, despite a well executed strategy being employed. Part of that being accepting a loss on what could have ended up being just a 5 minute trade. The contrived example threw in the 4 minutes stoppage to demonstrate an awareness that that could have been a beneficial element.

[greenmark]

Hi Luke. Whats your view on the Man U v Liverpool game?

[JustLukeYou]

Hi Luke. Whats your view on the Man U v Liverpool game?

No idea tbh. Some games I skip. There is an article on BBC by a former Liverpool saying that Man Utd will win comfortably. Man Utd might play just to get a draw as that won't be a bad result or if they go out to win.

[JustLukeYou]

Is it possible trade two markets in the same match to par them off against one another?

Yes, if you know what you are doing, but if you can't trade one, why will trading two help?

The odds didn't decay enough to allow me to trade out for a profit on backing less than 3 goals

Decay is something that's reasonably easy to learn about. The fact it didn't decay enough was nothing to do with the market, it was to do with the fact you were guessing rather than knowing how the price would move and how quickly. If you're making so much use of the BA forum I can only assume you're a BA subscriber, so take a look at SoccerMystic as previously suggested, it will show you, in real time, what you possible PL is at anytime and for any time goals might be scored. I don't know why you're not using it, it tells you, you're guessing.

If you're struggling to grasp what Shaun said here and back on Page 11 of this thread (and what several other users have repeatably told you) try and spare 5 minutes to read and absorb the following posts, it even includes many images so like Shaun's post I don't think it can be any clearer of how a trader should be thinking and were to find opportunities - and how the likes Rebelo on are thinking throughout a game.
viewtopic.php?f=6&t=12116

If you have the gift for spotting when goals are about to be scored as you say you do you should make a fortune and lose very little if anything when your wrong

Hi Dallas, so I read through this guide and also watched this BetAngel video https://www.youtube.com/watch?v=qJ_cz66b1_A

Do you have any examples of how this is precisely used. For example, if the odds of over 2.5 goals are currently 1.5 and 20 minutes later the odds are 1.8 I'm not sure how they will truly influence when you trade out. If you make a profit of 30 ticks every 2 games you still going to lose money overall. How does knowing the future odds really influence whether you trade out or not, surely that is down to whether a goal has or hasn't been scored?

[greenmark]

Hi Luke. Whats your view on the Man U v Liverpool game?

No idea tbh. Some games I skip. There is an article on BBC by a former Liverpool saying that Man Utd will win comfortably. Man Utd might play just to get a draw as that won't be a bad result or if they go out to win.

Interesting. Cheers for that.

[ShaunWhite]

have you seen how much competition there is on Amazon?

Unfortunately you've chosen an alternative business that's probably even more competitive. I've told you that approx 5% of new traders eventually make a long term profit so I was wondering what price you estimate your own chances to be, how long it will take and what it will cost you?

I know you've called me a naysayer for being pessimistic about your chances but I've seen a lot of people start over the years. The ones who make it are the ones who are natural problem solvers, the sort who will take one sentance or comment and not sleep (proverbially) until they have understood every word and all the meanings between the words too. Do you feel like you're that sort of person?

As for a business with a level playing field, then I think your lack of knowledge about the industry is making you underestimate the calibre of the competition. Trading isn't just a bunch of people watching telly and having a hunch about a result and the link below shows you what you're up against. People like these are included in that 5% who make it too. I'm not saying everyone has to commit to that extent but it's an indication of how complex trading is at the highest level and competition for a slice of the market is brutal. https://www.indeed.co.uk/cmp/Bettor-Believe/jobs

[JustLukeYou]

On the Smarkets chart it shows that someone has put £28k on 0-0