Why Free & Open Source? 07/12/18Read my blog post here and don't forget to vote in the poll.
By David in David's Blog 0I haven't been trading much on Saturdays at all, so spent most of today just watching the markets (that is good practice in itself if you can analyse how markets typically react).
Avoiding the ITV races (which may drift a bit), it is generally better to back the favourites, because on Saturdays, lots of casual punters think they can win by betting on a horse favourite.
This can create many downward trends. The hard part is judging the timing of when to enter.
I only traded 4 races, due to a lack of confidence, but have still earned a profit of 29p. Learned a lot today.
By David in David's Blog 0Made a profit, after a disappointing start.
In the 14.30, I layed the favourite at 1.84 backing at 1.87 A successful 3 tick profit. 8p up
After losing 7 ticks in the 14.50 losing 14p, I checked my Betfair account expecting to be 6p down overall.
Took me a while to figure out why 2 trades were recorded instead of 3. The favourite in the 14.30 was void; so I missed out on hard earned profit!
I am thinking, why didn't my losing race get void instead?
Still, with small stakes, being a few pence up for the day is a positive thing.
By David in David's Blog 0I haven't done much trading in the last month. I come from a matched betting background, which I am still involved with.
Bookmakers were giving away a load of offers during the World Cup football that kept me busy.
I've earned a profit of almost £2,500 from that, which can go towards my trading bank.
I'm not successful at horse trading. Today, I started with a loss, but 3 future profitable trades meant I ended the day at break even.
Had 2 scratch trades, where I cancelled too early (they would have made profit if I waited a bit longer). A 3rd scratch saved a loss.
I suppose it is good not to lose on any day, because my bank is preserved and I can try again tomorrow.
By Tomas in Tom's Blog 1On June 19th 2018, I opened all of my trading knowledge to the public. Since then, I've received a few questions about the reason & my motivation why. Let me briefly explain:
I believe in cooperation rather than competition. I believe that open collaboration means more innovation for all in a spirit of "rising tide lifts all boats". My life direction goes in another way than Betfair trading and I didn't have much time & need to trade in the last 12 months. Yet I am still able to trade and all of my techniques are working. I know that because I used them for the last few days Also, I faced many dishonest attempts to re-sell my e-book on eBay, re-send it via email lists, etc. And I don't have the time to fight it. And because in general, I don't like being secretive and I just like to honestly help & educate others (if they want), I decided to make it available for all.
Honestly - I don't know. I would like to see some genuine and meaningful feedback from the community or someone who decided to share his or her knowledge as well. But who knows what will happen? Yeah, only God knows...
By Tomas in Tom's Blog 10So, after yesterday's loss, I focused on keeping all the rules in place today. No rush, good preparation, discipline and a relaxed mind. And there really is no problem when I combine all of these ingredients together. The result from today is very good - I have recovered from the loss and even added something in an extra profit. To be honest - I would never believe it is possible to double my small trading bank in just 1 day. Dogs really helped me to achieve this result - I did improve my trading bank before the horse racing started around 13:30 (UK time). So I was able to use higher stakes on horses.
I have also recorded some videos today - 7 greyhound races and 5 horse races. I recorded all of these videos without voiceover because - when I trade, I need to concentrate on what I'm doing in the market. And to be honest, speaking in English during the trading would not help me - some of you may know how long it took me to add voice overs to videos in my book. It's because of combination of these two factors:
I'm not a native English speaker (sorry to those of you who have to read the grammar hell on my posts ) I just want to focus/concentrate on trading. I hope these videos will be interesting even without my voice.
And my account balance:
The current equity:
Greyhound racing video: (Update June 24, 2018 - YouTube censored this video today)
Horse racing video: (Update June 24, 2018 - YouTube censored this video today)
Update June 24, 2018. Those videos were online for more than 9 months. Now, an automated YouTube algorithm decided to take it down:
“Sports Trading Exposed” is now free & open source! The most comprehensive, in-depth online sports trading guide ever written. Click to read it now!
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