The BTC Football Trading Thread
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@mick-mcmahon said in The BTC Football Trading Thread:
I've made 5pts this week
I'm not sure how many I have made this week, but I am going to start from today for sure. Normally with my trades I look to make 10% Profit has a minimum on a trade which produces the right result, so going forward its going to be interesting and even better now
Its a bit like giving a man a fish he eats that day, but teach a man to fish and he eats for life.
Using the % & points foundation means that our banks grow steadily, which is the whole point, either way, I now understand it.
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@james-rome said in The BTC Football Trading Thread:
@dave-hayes said in The BTC Football Trading Thread:
@james-rome said in The BTC Football Trading Thread:
@mick-mcmahon a point is 1% of your bank so if your bank is £100 a point would be £1. Use points instead of money to judge your strategies as if then no matter what your bank will make money.
James this sounds interesting, but I can't quite get my head around this, even though the explanation sound simple enough, what does it actually mean
this will help
I've made 5pts this week 
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@james-rome This helped loads cheers matey, from what Martin has said and what I am doing it looks like I am kind of going that way, by using % of bank money. This means that by doing this, our banks will compound, as long as the trades selected, produce the right result and compounding is a great way to earn.
It makes total sense now.I've even noticed that my already pretty good maths is getting better as well!!
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@Stuart-Wallace @James-Rome Thanks Guys - I love this thread, even though i'm mostly a lurker
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@mick-mcmahon said in The BTC Football Trading Thread:
@stuart-wallace said in The BTC Football Trading Thread:
I must admit, i have had a stonking couple of days.
Yesterday, (courtesy of AUS v ENG mainly) i increased my Bank by some 50pts, and today (courtesy mainly of Keith, (and Fiorentina!) !), i have increased my Bank by a further 20pts.
OK, i even got a bit bullish tonight and a U1.5 lay of Portimonense v Guimares as that was the only game on, and Porti equalised in the 85th minute.! When it runs for you, it runs for you.I just want to say thank you to Keith (even had a profit out of the Glentoran game, which i would never had an inkling to trade!
OK, lets calm down , and concentrate on tomorrows U19 games !
Also, i hit a milestone in my bank tonight, so very happy with that too.
Newbie question - What constitutes a point?
I'm a newbie too Mick, and my understanding is its percentage of your Bank.
Obviously we all work with different Banks (mine is very small- especially in comparison with others on here).
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@dave-hayes said in The BTC Football Trading Thread:
@james-rome said in The BTC Football Trading Thread:
@mick-mcmahon a point is 1% of your bank so if your bank is £100 a point would be £1. Use points instead of money to judge your strategies as if then no matter what your bank will make money.
James this sounds interesting, but I can't quite get my head around this, even though the explanation sound simple enough, what does it actually mean
this will help
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@james-rome said in The BTC Football Trading Thread:
@mick-mcmahon a point is 1% of your bank so if your bank is £100 a point would be £1. Use points instead of money to judge your strategies as if then no matter what your bank will make money.
James this sounds interesting, but I can't quite get my head around this, even though the explanation sound simple enough, what does it actually mean
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@mick-mcmahon a point is 1% of your bank so if your bank is £100 a point would be £1. Use points instead of money to judge your strategies as if then no matter what your bank will make money.
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@stuart-wallace said in The BTC Football Trading Thread:
I must admit, i have had a stonking couple of days.
Yesterday, (courtesy of AUS v ENG mainly) i increased my Bank by some 50pts, and today (courtesy mainly of Keith, (and Fiorentina!) !), i have increased my Bank by a further 20pts.
OK, i even got a bit bullish tonight and a U1.5 lay of Portimonense v Guimares as that was the only game on, and Porti equalised in the 85th minute.! When it runs for you, it runs for you.I just want to say thank you to Keith (even had a profit out of the Glentoran game, which i would never had an inkling to trade!
OK, lets calm down , and concentrate on tomorrows U19 games !
Also, i hit a milestone in my bank tonight, so very happy with that too.
Newbie question - What constitutes a point?
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@keith-anderson Lincoln on it too, went to see them on Saturday corrrr what a waste of an afternoon!
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@keith-anderson Corrr doing great things with this bud!
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Potentials
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3% Club - Tuesday, 18th January 2022 (Day 13)
Day 13 Target: £146.79
Opening Balance: £167.70
Right that's me away to bed! Layla tov!
le jeu avant tout
Am Yisrael Chai
When you got skin in the game, you stay in the game
But you don’t get a win unless you play in the game... -
I must admit, i have had a stonking couple of days.
Yesterday, (courtesy of AUS v ENG mainly) i increased my Bank by some 50pts, and today (courtesy mainly of Keith, (and Fiorentina!) !), i have increased my Bank by a further 20pts.
OK, i even got a bit bullish tonight and a U1.5 lay of Portimonense v Guimares as that was the only game on, and Porti equalised in the 85th minute.! When it runs for you, it runs for you.I just want to say thank you to Keith (even had a profit out of the Glentoran game, which i would never had an inkling to trade!
OK, lets calm down , and concentrate on tomorrows U19 games !
Also, i hit a milestone in my bank tonight, so very happy with that too.
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@keith-anderson Nice one Keith - a bit too early for me to get matched and, like you, I didn't fancy a SHG as 3 had already been scored by Fiorentina. No win but, importantly, no loss - I'm pleased I didn't go chasing losses somewhere else. I've got a long way to go to reach £200 by the end of the month though..
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@stuart-wallace said in The BTC Football Trading Thread:
Wow, what a left foot that Biraghi has !
5-0 now - and got the Lay U4.5 too - dare i go for Lay U5.5 ?your call haha
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Wow, what a left foot that Biraghi has !
5-0 now - and got the Lay U4.5 too - dare i go for Lay U5.5 ? -
@keith-anderson Thanks Keith, means a lot coming from you.
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le jeu avant tout
Am Yisrael Chai
When you got skin in the game, you stay in the game
But you don’t get a win unless you play in the game... -
@richard-latimer said in The BTC Football Trading Thread:
@richard-latimer said in The BTC Football Trading Thread:
LCS Fiorentina 3-0
4-0 and that's 4/4 on a Monday. Very happy with that. Bank reaches a new high for 2nd consecutive day which I'll detail on my thread.
Well done mate, pleased for you. I've not bad either - apart from bl00dy Aussies in U19 World Cup. Anyway, Keiths advice has more than made up for that.
