The 3% Club
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I get a lot of newbie traders saying they don't really have time for trading or that don't have a big bankroll for trading. I often tell them that you don't need either.
I will show you trading examples through out the month of March on how if you increased you bankroll by 3% each day, at the end of the month you could have doubled your bankroll. If you were to replicate this over the next few months, you would be looking at serious cash.
Month 1: £100 becomes £200
Month 2: £200 becomes £400
Month 3: £400 becomes £800
Month 4: £800 becomes £1,600
Month 5: £1,600 becomes £3,200The trading will be quite aggressive. Tonight I'll be using 10% of my bankroll. You'll see all of my results (good and bad).
I have created a public post on Evernote so everyone can see what I have done.
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Can't get over your strike rate reading through these posts. I started a small bank to try to emulate this strategy and I couldn't have picked as many 0-0s if I tried
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Hi Keith, I've read your previous blog and would be very keen on following along with you if you are building up from a small bankroll again - this would give me a bit of a crash course in football trading. Do you post your trades on the main Football thread?
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Love to see this back again
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@geoff said in The 3% Club:
@keith-anderson great to see you back in full swing
certainly beneficial to the wallet!
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@keith-anderson great to see you back in full swing
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@keith-anderson it’s hard one that Keith but someone like Psychoff would totally agree with you.
He never does any pre match research and trades what he sees in the match from what I have found out from watching some of his interviews etc
Sometimes I think people who are relatively new will create a list of games from the filters and will trade them all and it doesn’t work like that. You will end up not in profit in the long run.
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@gary-brown said in The 3% Club:
It does yes.
For example tonight I was watching the game in turkey on BT Sport.I felt the home side we’re dominating so I went for a FHG and this wasn’t on my plan.
I did have over 1.5 goals but it seems better value to go for FHG instead.
Alot of pre match research selections don’t make it if they are second half ones due to goals or I play stats look rubbish
The worry though, especially for newbies, if I say that every match is a potential trade, then they’ll likely over trade. Lists are important, but I’ve always preferred in-play.
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It does yes.
For example tonight I was watching the game in turkey on BT Sport.I felt the home side we’re dominating so I went for a FHG and this wasn’t on my plan.
I did have over 1.5 goals but it seems better value to go for FHG instead.
Alot of pre match research selections don’t make it if they are second half ones due to goals or I play stats look rubbish
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There’s only a few days left of this. I started with £200 and wanted to double within 30 days. I’m up to day 25 and I’ve £442.
I still have 3 days of results to look at. I think Day 30 is Sunday, but providing there isn’t a monumental f**k up, I should finish around £475.
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@gary-brown said in The 3% Club:
Hi Keith i noticed that most of the games you trade are not the ones on the pre match selections.
I was wondering if you could provide some advice on how and why you select the games that you do.
What draws you to the games even though you haven't identifed it as a game to trade? Is their something that you look for once the games kick off?
It’s a fair question to ask. Most of the trades will be from matches I am watching.
The more matches on TV the more I can potentially trade. Also, most of my pre-selections don’t make it into a potential trade. This has frustrated me greatly since football restarted.
Any match is a potential trade for me now. I’ve went back to basics since the restart, checking the BTC stats before trading.
Does this make sense?
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Hi Keith i noticed that most of the games you trade are not the ones on the pre match selections.
I was wondering if you could provide some advice on how and why you select the games that you do.
What draws you to the games even though you haven't identifed it as a game to trade? Is their something that you look for once the games kick off?