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eightbo

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eightbo last won the day on September 22

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18 Do-gooder

About eightbo

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  • Birthday July 20
  1. eightbo

    Newbie's 3rd month

    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.
  2. Been replaying these just before bed, doesn't seem to matter what trading vid I start on I always end up with that first one on my phone when I wake up lol. Here's another good video if you've not seen it:
  3. Sorry a little late on the reply here but I've got some premium channels / playlists for you mate. Mark from the ukspreadbetting is an absolute SUPER STAR. He's a top trader and churns out quality content all day long. https://www.youtube.com/playlist?list=PLnSelbHUB6GQ1CFManOanjs9JOBx2-Fa0 (mark's playlist on psychology) https://www.youtube.com/playlist?list=PLnSelbHUB6GRs551ma596eHAZLgzkMtBD (mark's playlist on money management) https://www.youtube.com/playlist?list=PLnSelbHUB6GSBW4lISuh3qs3A0zJQVzEJ (mark's playlist on risk management) Chat with traders podcast - great for hearing about traders journies how they overcame their problems, cultivated their strengths etc. https://www.youtube.com/channel/UCdnzT5Tl6pAkATOiDsPhqcg/playlists Tom Dante (top trader and he cracks me up): https://www.youtube.com/watch?v=Uzq1jgNKuBc https://www.youtube.com/watch?v=Vy1_URi88eE https://www.youtube.com/watch?v=azDga9p6QhU Tom Dante's chat with traders podcast: https://www.youtube.com/watch?v=DpUAgOr0QTU Rande Howell - this guy really understands humans and how the mind works https://www.youtube.com/user/igniteyourspark Stacey Burke - this guys a high performer not just in trading but in LIFE. I use this channel more as motivation and keeping in the right mindset but he knows what he's talking about too (particularly on risk management) https://www.youtube.com/channel/UCuc-v67SncAwFjXlFtWRSQA https://www.youtube.com/playlist?list=PLHcK1aav-jMZg-GVz9uvq8bLGd-2DBR5N (fat playlist from him, think he has other ones too) Brett Steenbarger on PSYCHOLOGY and levelling up as a trader: https://www.youtube.com/results?search_query=brett+steenbarger SMBCapital (top trading firm in New York) https://www.youtube.com/watch?v=-pjZwJgqk10 Bonus channel The Duomo Initiative (all aspects of trading):
  4. Welcome. Sounds like you have the right approach just focus on surviving so that you're able to make continual adjustments to your trading strategies and your behaviour. Perfectly fine risking small amounts whilst seeking consistency / profitability. I dug myself a big hole in my first few years using big stakes unnecessary when I didn't have a long-term edge yet. If you're as hungry as I was back when I started check out a lot of the YouTube content relating to financial trading as well as sports markets to further accelerate your learning -- a lot of the underlying principles/fundamentals you'll need to develop are the same. Best of luck
  5. eightbo

    Cross Matching

    Unfortunately I don't think cross-matching is something we can take advantage of. It is however important to build an awareness for how it works so that if you need to close your position etc. you can do so by giving away the least value. Generally just go with the larger spread. Geeks toy also has a special option for tennis hedging where it will take best price from the two runners but I'm unsure if that is still relevant or not. Those guys don't seem to update their software anymore.
  6. eightbo

    Tommy and his early trading

    Good results keep it up Tommy 💂‍♂️
  7. eightbo

    1000 pre-inplay horse racing markets

    How is it going, did you reach 1,000 markets? A summary would be cool
  8. eightbo

    Greetings from Bristol, UK

    Good to be here 💂‍♀️
  9. eightbo

    Tommy and his early trading

    P.S. I like your defensive style of scalp in the Greyhound markets
  10. eightbo

    Tommy and his early trading

    Tommy try not to beat yourself up too much! I have blown up over 100 banks and I can tell you it's of maximum importance to make adjustments, analyse what happened in the leading up to the big loss & adjust your trading plan to try and prevent it next time. For me overstaking was the first red flag. It's also useful to practice being aware in the moment; linking present moment when trading to the potential disaster in future, remember why it's in your best interest to stick to the plan in those moments where you get the urge to overstake or take poor trades etc. You want to get to implement habits which keep you safe — habits are automatic behaviours and they are more powerful than emotional decision-making (and emotional is unfortunately always more powerful than logical decision-making). At first when you are making these habits you might make mistakes etc. but the goal is just to make them less often over time it's unrealistic to be perfect. Keep the focus on improvement over time and make practical changes to what you are doing. For me, just saying to myself "Next time I will be OK if I don't do x/y/z" but it always just happens again because I had not protected myself from all the possible ways I can become emotionally triggered yet. Hope that made some sense and was relevant...!
  11. Hi guys. Long time trader since 2014 with lots of ups & downs. I trade Horse Racing & Greyhound markets every day (UK/IRE/AUS/US). I'm about breakeven right now (trade with some edge but occasional big mistakes) and I try to make 2019 my first year in profit. I am always up for a chat (especially if you trade these markets too) https://www.wowapp.com/w/eightbo I'm also on BA/AGT forums but to be honest I feel there is some pressure/bias in those forums and I think it's just awesome that Tomas put this together. I look forward to discussing trading here & sharing my progress with this community
  12. eightbo

    Time to get serious

    Hey Veron how's it going? I noticed your nick of way1ander — I know this nick from CS:GO scene. Do you play or just a coincidence? Hit me up if you do, 8
  13. eightbo

    eightbo

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