Trading Discussion

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  • Let's smash the tennis trading in here shall we?

    28 Topics
    6k Posts
    Tennis Trading for a 10-Year-Old Part 7: The Complete Trading Plan

    Now let's put everything together.

    Imagine you are learning to ride a bicycle.

    You don't try tricks on day one.

    You learn the basics first.

    The article says the same thing.

    Step 1

    Choose a good match.

    Look for:

    ✓ Similar skill levels

    ✓ Competitive match

    ✓ Good liquidity

    ✓ Chance of service breaks

    Avoid:

    ✗ Huge favourites

    ✗ Very low odds favourites

    ✗ Poor liquidity

    Step 2

    Pick Only 2 or 3 Entry Points

    Do not trade every score.

    The article specifically recommends focusing on a few situations.

    Examples:

    15-15

    15-30

    0-30

    Learn those first.

    Become comfortable.

    Master them.

    Step 3

    Enter The Trade

    Place your back or lay position.

    Before the next point starts.

    Now wait.

    Step 4

    Watch The Next Point

    This is important.

    You are not predicting the whole match.

    You are mostly trading the next point.

    If the point goes your way:

    Great.

    Take profit.

    Or continue if the next score creates another strong setup.

    Step 5

    Cut Losses Quickly

    This is where beginners struggle.

    The article repeats this idea many times.

    If the point goes against you:

    Exit.

    Take the small loss.

    Move on.

    Do not hope.

    Do not pray.

    Do not argue with the market.

    Just exit.

    Step 6

    Hedge

    After the trade finishes:

    Green up.

    Lock in profit.

    Reset.

    Look for the next opportunity.

    The Biggest Mistake Beginners Make

    Beginners often think:

    "I need to be right every time."

    Wrong.

    Professional traders know they will lose many trades.

    The goal is:

    Lose small.

    Win bigger.

    Repeat.

    The Entire Strategy In One Paragraph

    Find score situations where a break of serve might happen.

    Enter trades where the possible profit is larger than the possible loss.

    If the next point goes against you, exit immediately.

    If it goes your way, take profit or continue when the next score creates even more pressure.

    Repeat this process many times during the match while protecting your money with small losses and disciplined exits.

    That is the entire strategy explained as simply as possible.

  • To discuss all things cricket and golf

    13 Topics
    16k Posts

    @Richard-Futter easy money well done!

  • A Place for members to discuss potential ideas and profitable filters or ask for feedback on their ideas

    73 Topics
    1k Posts

    @Darran-Padley there's no definitive wrong or right way to trade or bet these games but the best way to find out is to forward test them, using small stakes - I'd stick to one approach for say a couple hundred results and see what you find. You can look to re-assess and adjust your approach after you have a fair idea of how it all works and whether or not it suits you (most important factor of all).

  • Our daily pro picks

    2k Topics
    2k Posts

    No selections today

  • We'll replicate our blog posts here and give you a heads up when we do new podcasts!

    198 Topics
    367 Posts

    @Jonathan-McDaid love it cheers!

  • Files, spreadsheets and everything else you need to get trading

    47 Topics
    861 Posts

    BF Bot Manager has in play stats available as parameters and you can automate your trading using them

  • 110 Topics
    5k Posts

    six winnings in a row - WOPS

    Cheers

  • 0 Votes
    329 Posts
    44k Views

    @conor-medlyn Hey buddy,

    I will speak with Martin about this one as it's my strategy but I didn't track it on those sheets, Martin did.

    I have been running it since the start all those years ago 16/17 now, which is scary. It's always been profitable year on year for me hence why I still use it.

    It is a riskier long term strategy as the losses hurt more because of laying.

  • Six nations

    2 Votes
    16 Posts
    1k Views

    Might lay France to win the world cup after that performance today. Odds of about 4 atm.

  • Pinnacle Sportsbook

    1 Votes
    1 Posts
    145 Views
    No one has replied
  • my trading strategy.

    1 Votes
    18 Posts
    1k Views

    @lee-woodman ok thanks alot mate appreciate it

  • Bitcoin Betting Exchange

    1 Votes
    3 Posts
    257 Views

    Yep I sold all my crypto lol scares me as well well to volatile for my liking lol

  • Betfair T&C changes.

    0 Votes
    18 Posts
    1k Views

    @richard-lillis-0 said in Betfair T&C changes.:

    @john-folan I am raising again with all this information - will keep you updated.

    I get the feeling there is something else they are annoyed with that they have not told you, I hope you manage to ge tit overturned

  • PDC World Darts Championship Outrights

    3 Votes
    5 Posts
    386 Views

    @chris-osborne Ahahahaha me and my grammar and spelling

  • This topic is deleted!

    0 Votes
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  • Should I Stop or Should I Go?

    0 Votes
    6 Posts
    490 Views

    @greg-mitchell Can I watch them do that? 😉

  • Thank you

    1 Votes
    2 Posts
    256 Views

    @zac-harpa thanks so much for this message! I'm so glad you are enjoying it, it is great to have you here!

    What a great night you will have tonight, what a match that will be to go to.

  • Trading as a Business?

    0 Votes
    2 Posts
    411 Views

    @mrs-h-m-price I declared earnings a few times when needed, for mortgages.

    I think benefits have a cut off if you have 16k in savings (may have changed) or your partner works. Not something I have looked into but may be worth looking up the official criteria.

  • U3.5 Exit

    1 Votes
    5 Posts
    591 Views

    @james-menhenitt

    Hi James, you make some very interesting points. However im a bit of a thicko, so stats just keeps making me zzzzzzzzz.....see, it happened again! For me, if theres no clear favourite, i'll back U3.5....or if there's money in it, U4.5.....or U5.5. My qualifying factor is 'can i make a quid out of this' and i'll throw a fiver at it.

    I'd love to work out a sheet on my results but the passengers on my bus keep me busy for 11 hours a day. By the time i get to enter 2 games onto an excel sheet, I've already traded 10 games . I get more wins than losses and im hoping that over time that translates to a growing bankroll.

    Btw i'm hoping to cure that stat problem with a 14 week holiday staring next week....either it's going to show me that i'm the trading genius i've dreamed of being or it'll be a cure for my insomnia. Win / win from where i'm sitting 😎

  • Just had a crazy idea!

    0 Votes
    5 Posts
    600 Views

    @andrew-gordon totally get you Andrew. However, these are games that id never bet against, especially Liverpool vs Bournemouth... an obvious mismatch .

  • Running to standstill?

    0 Votes
    9 Posts
    676 Views

    @julian-drake-clarke said in Running to standstill?:

    @dan-mackinnon

    If I had blown my bank it wouldn't have been so bad. I would easily been able to find what's wrong and corrected it. However, I must be doing something right and can't find precisely what it is 🐻

    Losing money isn't the only this that shows us what's wrong, check the prices - would waiting to get involved give a better price? Etc... everything I spoke about in the Step 3 video.

  • Private Coaching?

    0 Votes
    3 Posts
    436 Views

    @martin Seems im unable to add a thread to the Private Coaching section. Am i missing something?

  • This topic is deleted!

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  • Wuhan baby!!

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    9 Posts
    723 Views

    @martin You little beauty! Kerching!:party_popper:

  • Recommended Websites

    1 Votes
    4 Posts
    442 Views

    Thanks gents

  • New season

    1 Votes
    6 Posts
    572 Views

    @andrew-macdonald I cannot wait for it to be back!!!

  • 1 Votes
    23 Posts
    2k Views

    @richard-latimer We could build it 😉 although its on the roadmap it wont be for a while yet!!

    Get campaigning to have online gambling legal in all states and we shall speed that up lol.