3 months and still not there yet
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- Posts: 44
- Joined: Thu Aug 30, 2012 11:10 am
Okay i have spent the last three months, about eight hours a day trying to find a way to make £500 or more a week with bet angel, but every time i think i have it the big upset comes lol. I prefer to trade the uk horses from 2pm to 6pm but i have lost nearly £3000 now but i'm much wiser for it, i lost most my money buy laying the last drifetr at 100 when i thought it had no chance, but as i know now they can bounce back to win from those odds every now and again especially in 5 furlong or the dreaded last hurdle, i was making £150 a day and loving it then bang it happened, i lost a £1000 in one hit, i was flapping and did not even get a chance to red up i had become so complacent. I have yet to find a way forward dutching and trading horses before the race is to tough. The only way that works paper betting is long trades on the football, but you need about £5000 to make it worth while and its boring, and it's seasonal and not everyday is a good trading day, although very low risk. Right now i'm working on laying then reding up on the horses then adding that amount of loss on to the next lay, and it seems to be working but obviously the more the lay the quicker you hit your reding up amount and i have been at a high liabilty on practise mode. I lost my money on basic before i realised that pro had practise mode (idiot) anyway i will not give up, but this is where i am so far, i see potential but have not cracked it yet. It would be great if someone could lead me in the right direction i would feel better if my brain could focus on one option, i'm starting to feel a bit thick to be honest because i know there are ways to do it as people do. I will stick to practise from now on lol.
Frustrated -
I would strongly urge you to stick to 2 pound stakes until you're pretty confident you have an edge. Only up the stakes if/when you're sure you know what you're doing.
As for finding an edge, I suggest that you study the posts in this forum and reflect upon the likely psychological dynamics in markets (as all markets are is randomness simmering on a flame of human emotion). However, sadly no-one is going to say 'do x to profit', as to do so would jeopardise their own edge to help you make money, and I'm afraid that ain't gonna happen!
Jeff
I would strongly urge you to stick to 2 pound stakes until you're pretty confident you have an edge. Only up the stakes if/when you're sure you know what you're doing.
As for finding an edge, I suggest that you study the posts in this forum and reflect upon the likely psychological dynamics in markets (as all markets are is randomness simmering on a flame of human emotion). However, sadly no-one is going to say 'do x to profit', as to do so would jeopardise their own edge to help you make money, and I'm afraid that ain't gonna happen!

Jeff