Trading Q and A Megathread Ask Us Anything!
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@peter-backhouse Yep my split stake will help you there for that one I've added the updated video here
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@Ryan-Carruthers I'm looking for 0-0 at approx. 30 mins then entering, then exiting when there's a goal.
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@peter-backhouse The unders one @Dave-Jessop has one he's been sharing.
The overs what is the aim? what entry point and exit?
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@martin-futter I find it amazing the reaction I get from people when I tell them I like betting/trading. They generally are worried and think I have a problem, and think I must be losing all my family’s money. The first reaction is always negative. You must get this all the time being full time.
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Hi Guys, I'm trying to create my own filter for Over 2.5 match goals, H2H in the last 5 meetings between the two teams, and also under 20% for no goals scored in the first 30 mins of the last 5 matches for both teams combined. I seem to be struggling to create the filters any help would be appreciated, thank you.
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Hi All, Thank you for your replies, its interesting to read your interpretations of trading.
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@peter-backhouse officially trading is a form of gambling, just like the stock-market is also really a form of gambling. the reason I don't like the word is that people have negative connotations of it, thinking it is the same thing as the guy who goes in betfred everyday and throws his money on a horse because it has a name they like!
reality is trading is a very controlled sensible form of gambling, when you do it right you realise it is a world apart from what the everyday person thinks when they hear the word 'gambling'
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@peter-backhouse
Trading for me is following a plan, keeping control of emotions and as I have said following the plan - the plan is everything for me when trading, it gives us the rules for the trade. Entry and exit, with a stop loss and profit. If these are hit we enter the trade and the exit when we either get stop loss or profit.
I never let my trades run to get more out of them, the markets can turn away from you quick - this is when the emotions can take over and greed kicks in.
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@peter-backhouse i think it is a form of gambling but you could say crossing the road is a bit of a gamble too. The main philosophy for me is to keep control of my emotions and always stick to my plan.
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Hi Everyone, I'm new here and to trading in general, I just wondered what peoples thoughts were on when does trading become gambling? I would say that trading is a form of gambling? Do people trade out when a certain amount of profit is available, do people let it run if they think they can get a few more ticks out of it? Be interested to hear peoples philosophy on this.
Thank you.
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@leo-mantle echo that! Ask away
exactly what we are here for! -
@leo-mantle never apologise bud Ryan, Adam and myself are always here to answer any questions!
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@martin-futter thank you. Sorry to put you out i should of found that myself! Appreciate it.
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How do Betfair premium charges work?
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nice one cheers (more reading haha)
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@liam-willis elo is a term coined by a statistician https://en.wikipedia.org/wiki/Elo_rating_system
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hi im fairly new to this and just going through the forum posts, quick question what is and what does ELO stand for im assuming somthing lay odds. cheers in advance
