The BTC Football Trading Thread
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@lee-woodman said in The BTC Football Trading Thread:
@johannes-van-leeuwen-0 yes but it’s probably ideal to have the discipline to stick to 1-2% initially before stretching to 5%
i only stake 1%
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@johannes-van-leeuwen-0 yes but it’s probably ideal to have the discipline to stick to 1-2% initially before stretching to 5%
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@lee-woodman said in The BTC Football Trading Thread:
@eamonn-hogan said in The BTC Football Trading Thread:
@lee-woodman said in The BTC Football Trading Thread:
@eamonn-hogan How did you manage to lose so much profit on one game? One thing you need is to protect yourself from that happening through bank management, so maximum of 1% or maybe 2% maximum liability per trade. That way you know the risk and the worst case scenario before you even enter the trade
Another pointer, most traders dont touch cup games. I appreciate its two teams from the same league and therefore there is H2H information to use, but still cup games are best avoided (unless you are a trader who goes only on the 'here-and-now' rather than using data)
Yeah I know I should only be using 1-2% but that is my biggest problem. I had a 10 points on city to win the game at kick off then when arsenal went in front I laid them again. I know it was stupid and Im kicking myself. City rested KDB and Sterling midweek for this game I just didnt see that coming. I am a gambler who needs to get away from it and I thought I was but clearly needs work.
More than 10 points on one trade is insane! You say you are 44 points down in a week, i dont think most people even trade 44 points in a week
Not really sure what else to say, you know theres an issue so i would suggest you find a way to restrict trades (pick 2/3 strong trades per day) and restrict yourself to 1% per trade. Until you do that then even the best strategies wont work and its just punting. The time you save by trading less can be used on studying mentality (reading books, watching videos, podcasts etc)
but i also know people that stake 5% of their bankroll problem is to handle with loosing trades
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@eamonn-hogan get yourself a staking plan and only risk around 2% of your bankroll on any one trade and this won’t happen.
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@eamonn-hogan said in The BTC Football Trading Thread:
@lee-woodman said in The BTC Football Trading Thread:
@eamonn-hogan How did you manage to lose so much profit on one game? One thing you need is to protect yourself from that happening through bank management, so maximum of 1% or maybe 2% maximum liability per trade. That way you know the risk and the worst case scenario before you even enter the trade
Another pointer, most traders dont touch cup games. I appreciate its two teams from the same league and therefore there is H2H information to use, but still cup games are best avoided (unless you are a trader who goes only on the 'here-and-now' rather than using data)
Yeah I know I should only be using 1-2% but that is my biggest problem. I had a 10 points on city to win the game at kick off then when arsenal went in front I laid them again. I know it was stupid and Im kicking myself. City rested KDB and Sterling midweek for this game I just didnt see that coming. I am a gambler who needs to get away from it and I thought I was but clearly needs work.
More than 10 points on one trade is insane! You say you are 44 points down in a week, i dont think most people even trade 44 points in a week
Not really sure what else to say, you know theres an issue so i would suggest you find a way to restrict trades (pick 2/3 strong trades per day) and restrict yourself to 1% per trade. Until you do that then even the best strategies wont work and its just punting. The time you save by trading less can be used on studying mentality (reading books, watching videos, podcasts etc)
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@lee-woodman said in The BTC Football Trading Thread:
@eamonn-hogan How did you manage to lose so much profit on one game? One thing you need is to protect yourself from that happening through bank management, so maximum of 1% or maybe 2% maximum liability per trade. That way you know the risk and the worst case scenario before you even enter the trade
Another pointer, most traders dont touch cup games. I appreciate its two teams from the same league and therefore there is H2H information to use, but still cup games are best avoided (unless you are a trader who goes only on the 'here-and-now' rather than using data)
Yeah I know I should only be using 1-2% but that is my biggest problem. I had a 10 points on city to win the game at kick off then when arsenal went in front I laid them again. I know it was stupid and Im kicking myself. City rested KDB and Sterling midweek for this game I just didnt see that coming. I am a gambler who needs to get away from it and I thought I was but clearly needs work.
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@eamonn-hogan said in The BTC Football Trading Thread:
@johannes-van-leeuwen-0 said in The BTC Football Trading Thread:
@eamonn-hogan how many points y lost this week then?
44
rule no 1 never trade in cupgames , do not go in with redcards never back below 2
or lay above 2 -
@eamonn-hogan said in The BTC Football Trading Thread:
@johannes-van-leeuwen-0 said in The BTC Football Trading Thread:
@eamonn-hogan how many points y lost this week then?
44
kidding how? that is not good then y stake to much in one trade?
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@eamonn-hogan How did you manage to lose so much profit on one game? One thing you need is to protect yourself from that happening through bank management, so maximum of 1% or maybe 2% maximum liability per trade. That way you know the risk and the worst case scenario before you even enter the trade
Another pointer, most traders dont touch cup games. I appreciate its two teams from the same league and therefore there is H2H information to use, but still cup games are best avoided (unless you are a trader who goes only on the 'here-and-now' rather than using data)
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@johannes-van-leeuwen-0 said in The BTC Football Trading Thread:
@eamonn-hogan how many points y lost this week then?
44
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@eamonn-hogan how many points y lost this week then?
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Did not see Arsenal beating city today, that has cost me and set me right back to the start. I have not lost my bank but I have lost all the profit I made from when I started to record. I laid Arsenal at the start and again when they went 1-0 up. It was all city, especially in the second half. 42 points red. Back to the drawing board.
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@lee-woodman said in The BTC Football Trading Thread:
Keeping my eye on these games today (SH is for a SH goal or 2, FH is for first half goal)
Most important thing is to check the intention of the teams playing. At least one team in each game has something to play for but i will monitor whether the current score suits both teams, if it does then ill leave alone
Decent day on these, all games had a SH goal as expected. Only 1 out of 2 of the FH games had a goal. Someone pointed out that Atalanta were missing one or two of their top scorers so maybe something i shouldve checked first
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Quiet day today- just the one trade and one winner in the seoul game. More selections tomorrow though
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@seanie said in The BTC Football Trading Thread:
@james-woodroffe Backed O1.5 at 30 then Added more at 47 goal then to green. Betting gods are with me today.
Nice work mate.
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@johannes-van-leeuwen-0 wow 3 of the 4 games in polen late goals
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@james-woodroffe said in The BTC Football Trading Thread:
@matt-wood said in The BTC Football Trading Thread:
@james-woodroffe still 2 green though
Yeah the Atalanta match was on my list for a late goal but I was 3 points up and should of just given it the old “who cares” it was on the FHG late filter also so it should be 2.5 but I’ll take 2 and probably concentrate on the cricket tomorrow. Hindsight and all that had a good morning in Asia and sometimes should just practice what I preach
At least you are aware of those things though, better than not knowing or willfully ignoring. Yes I will be following the cricket thread tomorrow so keep it simple for a dumbass like me
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@james-woodroffe Backed O1.5 at 30 then Added more at 47 goal then to green. Betting gods are with me today.
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@matt-wood said in The BTC Football Trading Thread:
@james-woodroffe still 2 green though
Yeah the Atalanta match was on my list for a late goal but I was 3 points up and should of just given it the old “who cares” it was on the FHG late filter also so it should be 2.5 but I’ll take 2 and probably concentrate on the cricket tomorrow. Hindsight and all that had a good morning in Asia and sometimes should just practice what I preach
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@james-woodroffe still 2 green though
