@Adam Thank you very much for that explanation, makes far more sense now. I've been trying to build strategies as best I can and naturally to be as accurate as possible, but need to get the basics, right from the very start. Thank you again.

@nick Do you mean the standard 2% commission? Yes they're definitely still charging that, this is specifically about the premium charge on top of that.

@Peter-Adams there aren't any SHG specific stats in the ratings, they tend to cover 90mins

@james-everard Well there have been 5 posts today already, so things are hotting up 🙂 but seriously it would be great to see what people are up to, not to copy them but to learn a few tricks of the trade (pun intended :))

Month 24 of trading.

November was a break even month for me. After 2 years of learning and trading I have decided to take a step back from some of my strategies and just collect the data to get a better idea of performance before trading them.

In the last 2 years I have learnt and figured out a lot. Had I had this information at the start of the process I think I would be much further ahead - but that us part of the process. So, what I have I learnt about myself and trading after 2 years of giving it a go?....

The type of trader I want to be..... I want to be a predominantly Set and Forget trader. I don't want to be sitting in front of my comp on weekends. This means I need to find enough good quality selections that I can make some decent money off that fit the way I want to trade. I have begun this process and will hopefully be able to share the fruits of my labour soon.

Quality over quantity..... for the last 2 years I have chased anything that seemed to make money - even if it was 2% ROI and having to place 50+ bets on a Sat morn. I value my time a lot higher having reflected on this. Therefore I want strategies that have an over 5% ROI as a bare minimum with a decent number of selections each month.

Data collection is key... I have found myself getting frustrated at strategies that seem to work when paper trading then as soon as you go live they fail. I had a rule about going live after 3 months of collection. This I think is too ambitious and can lead to false expectations. I plan to now collect a few hundred results before even using small stakes. This will save time trading and ensure that when the time is right I will have more confidence in my strats.

Give myself credit.... it can be very easy to look at my overall losses and think "wow, what a waste" - but I need to take the long view and understand that like setting up a new business the chances are you are going loose money on your first year or two. Compared to a uni degree or college course I have spent a fraction. And I know the long term gains will pay for that with ease.

Overall I am happy with where I am - I'm still in the fight and have some very exciting strategies that will work better for how I want to trade. After two years of finding my feet I'm ready for the big leagues - let's do it!

@Patrik-Mellqvist nice one how is it going?

@Mark-Hewett always going to be a bit of deviation due to the nature of odds moving so quickly, what time do you enter?

That is great input and information.
See the free option works very well.

Cheers

@Ryan said in Food/Diet and training hobbies:

@Akiva-Anderson I have thought about Lion's Mane before, Adam told me he used it and it worked.

Will have to get some, where you get yours? Seems to be so many out there tough to know whats a good one or not.

I get most of my stuff of that sort from mindnutrition.com or lifeessentials.co.uk.

@Mark-Hewett Welcome!

Thank you for the great welcome post, we've put a lot of time into building this up over the years so great to see somebody appreciate it.

Happy to help where I can as well.

@Martin said in Question about horse section!:

@Patrik-Mellqvist the horse racing has backtesting yes if that's what you are asking

@Martin

Thanks.
Exactly.

Can I test for one month to validate and explore?
Can I use a month subscription?

If I get what I am looking for after the testing period.
Then can I get the same 3-year deal as with a soccer subscription?

Cheers Patrik

@Jonathan-McDaid love it cheers!

@Patrik-Mellqvist wise words!

@Patrik-Mellqvist Thank you, that is a good bit of reading for me later on, written by people with a lot of experience.

@Alex-Rendell hello. Thanks for your reply, I have already tweaked both leagues and odds on all of the strategies except the lay the draw set and forget. The last deep dive I did into the strategies was back on January 1st. I think I will have to have another look into the leagues and odds to see if that improves it. But do it in a way that is not an obvious back fit.

Full details of tomorrow's update here.