BTC Stats Software presents the results of ‘Martin’s Goal Picks’
I often use what I refer to as 'market hype' to my advantage when trading. What I mean by market hype is a market that has been heavily effected by the 'hype' or promotion surrounding the event, in such a way that the odds become distorted. Think England football team in every major tournament since Betfair began!
So what is the number one sport for this phenomenon...Boxing!
Yes that's right, the sport with the most 'smack talk' and sales nonsense ever known to man also happens to be the sport with the most distorted odds as a result. You know that time Sky and
These blog posts which I put together on this topic get me really fired up, I am passionate about you guys becoming better traders as any member of the site will testify. This is an important post to read….
I will be covering why people chase losses, why you should stop and also how you can stop.
I wanted to write a post which addresses a great problem that a lot of traders face and that is a lack of discipline. In fact one of the members recently posted in the group that they were struggling with trading and in true BTC fashion the members were there to help and get him on the right track, over the course of this blog post I will include some if the excellent advice that they said, why?
So here we are the final part of our advice into cash series! I want to talk about an area of trading that is rarely commented on but I feel is a huge part of mentality training and that is our confidence levels.
Confidence in relation to trading is simply a scale of belief in what we are doing and the faith we have that it will or will not have the desired results that we want.
If there is one truth in the trading community it is this, people who are given the same info and help will still get wildly different results in their trading.
We see it on a daily basis on BTC, Twitter and betting sites.
For Pro's it is easy to forget why this happens and sometimes hard to understand how two people who are given the exact same advice can have opposite outcomes. However, it is important to remind ourselves how easy the common mistakes are to make!