Jump to content

> Join our real-time trading chat on WowApp
> Why WowApp?

Sign in to follow this  

Back to the past

Tomas

493 views

VOTE BELOW ↓  

4 members have voted

  1. 1. Do you like today's markets or markets from 2009?  

    • 2009 is better
    • Today's markets are better

Today, it's exactly 10 years since I first made some of my trading videos public. I found those videos accidentally. I completely forgot about them and it was a nostalgic moment to watch my younger self trading greyhounds and horses. I made so many mistakes that sometimes, it was painful to watch, lol :) But who cares, if you want to see some retro videos and some really retro software, here it is:

Back then, I was using Bet Trader which was pretty basic software. I remember that the Grid interface was completely free to use and the Ladder interface could be unlocked if you purchased minutes. For example, you could purchase 1000 minutes and you could spend 1000 minutes trading in the Ladder interface. One year license with full access cost about £360 if I remember well (maybe I am wrong so if you remember the price, correct me).

As far as I can see & remember, trading on greyhounds was quite different. I was often just using the Weight of Money indicator and nothing else. It was simple - if there was a big bet in the market, you could rely on it as being genuine, not spoof. Today, markets are heavily manipulated and spoofers are a trader's daily bread. I have also found a few horse racing videos and I will upload them later.

Btw, vote in the poll! :) 

Edit - I have also uploaded some horse racing videos from March 2009:



2 Comments


Recommended Comments

That software looks like a joke to me today. I would avoid widely trading If I see just last 3 back and lay bets sitting on ladder. Were there any graphs around or you had to bring pop-up window separately when you needed the information everytime?

Share this comment


Link to comment
21 hours ago, Tommy said:

That software looks like a joke to me today. I would avoid widely trading If I see just last 3 back and lay bets sitting on ladder. Were there any graphs around or you had to bring pop-up window separately when you needed the information everytime?

I think you had to click on the name of the horse in order to bring up the Betfair graph. Not sure though - it is quite some time! Back then, all trading software had only 3 available prices. Geeks Toy changed the game when it came to the market.

  • Like 1

Share this comment


Link to comment
Guest
You are commenting as a guest. If you have an account, please sign in.
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


> Join our real-time trading chat on WowApp
> Why WowApp?



  • Recent Blog Entries

  • Recent Blog Comments

    • Many thanks @eightbo for the great advice. I've been trying to reduce the biggest losses but haven't looked at all at trying to get the safer but less likely bets matched. I'll look closely at the market from tomorrow to see if I can find opportunities to put your advice into practice. 
    • You've learnt in 3 months what took me 5 yrs: Learning not to lose longer-term. Next step for you here is to increase your selectivity. Analyse your successful trades and also your worst trades and start getting rid of all the naff entries. I can't say for certain as I haven't seen your trading style but on small stakes you should be doing much better in the gh mkts as people give away a lot more value with their fivers and tenners than they do with bigger stakes. Try to prioritise entries which are safer but less likely to get matched. On the bets that get matched you can keep a real right stop if it goes wrong most of the time and if it's starts randomly working in your direction you can hold it. You'll get fantastic risk / reward and a few of those trades is better than 1000 breakeven trades for a fraction of the effort.
    • Guest Sylvesta
      I really appreciate you giving out this knowledge for free Tomas. I think that a lot of people will feel the same way and I would suggest that if you are not asking for any payment that you setup a "buy me a coffee" donate payment system. I'm sure that plenty of people wouldn't mind throwing you a few bucks even if it's just to pay for the hosting so the site stays up. Anyway, thanks again :)
    • When did I ever say trading was easy? You carry on as you are, seeing as you seem to know all the patterns in the markets from day to day.  I wont comment on your blog again 👍
    • @Tomas Thanks for the reaction. It took me 5 hours to figure out why I made a loss. There is a certain pattern on Mondays either before or after major festivals.
      The trends are different to a typical Monday. Something I did not anticipate. So, even though I lost a bit, I have learned about how seasonality affects trading. It's all part of the learning experience.
×