Some people will read the title of this blog post and shudder, some will know it is a part of the game and have no problem with it.
This may make a few feel better about their £2 red!
From a personal standpoint I do not much like taking a loss but have learnt to find joy in when the market proves you right and you got out at the right time.
The Indian Premier League gets under way on Wednesday, with what should be a thrilling opening match between Kolkata Knight Riders and the Mumbai Indians.
There has been a big demand for a blog post on Bankroll Management from our members so I have heeded to your wishes and will try and write a great document for you all.
What separates the winnings traders from the losing ones?
If you ask me what the number one thing that defines a good trader is (apart from discipline and bankroll management) I would say choosing good entry and exit points. It is almost an art form because hitting the perfect entry and exit point is near impossible. However, hitting ‘good’ and profitable ones is very achievable if you know what to look out for.
Hey everyone! Martin did an interview with David from Betcast this morning about his trading history/insight and the Betfair Trading Community site, well worth a listen!
Listen Here:
Well what a day this has been! I was a bit nervous taking over the live chat from Ryan as he is such an exceptional talent but those nerves were settled when Man City won my first tip 2-0 at HT for a 50% ROI. Brentford grabbed a late equaliser in my next bet and was happy to take the 25% loss on that one.
Hi everyone, given that our membership has trebled from 100 to over 300 people this year so far, I wanted to write a blog post to help what are assumedly a lot of newbie traders. (Originally wrote this in January but only just publishing it!).
So, I thought I would write about one of my favourite and most profitable trading strategies, laying at low odds. The reason I want to talk about this is that it is fairly easy to implement and carries such little risk that even if it goes wrong you will not lose much money.
I think for beginners and even some experienced traders ‘paper trading’ is one of the most underrated/underused tools in the trader’s armoury.
Hot on the heels of the Australian Open Tennis, comes another spell of sleepless nights for the insomniac trader.
A feast of cracking cricket is in store over the next seven (yes SEVEN) weeks as the World Cup gets under way in New Zealand and Australia tonight.
Greed can be defined as ‘Intense or selfish desire for something, wealth, food or power.’ So greed is an emotion? Correct, trading is an emotional game; well actually trading is an emotional war with oneself. So you need to be able to detach yourself from your emotions when trading otherwise the dreaded greed will get you and you shall be on a fast ticket to blowing that bank.
