Question for the experts
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Ok forgive me if this is a really basic question but any answers I am grateful for as I seek to learn the mentality of you pro/semi pro traders.
I am still working through the BTC Academy and learning plenty whilst trying to develop strategies and do the odd tiny trade ..so tonight I decided to lay West Ham on the basis I know the Stockport set up well .. in particular the manager who is ridiculously detailed in his prep and I know some of the players who are energetic and committed .. when West Ham picked Noble and a couple of the lads up front I felt Stockport would have the energy to frustrate and couple of the front lads might not enjoy damp Stockport on a Monday Night (Cliche) I laid to a liability of 2.20 ..£10 at 1.22 .. and watched the first half which was comfortable enough.. can green at 1.53 profit .. or sit on it for a few mins.. Stockport have pace on the bench too but obviously wary of a momentum change.. what would be the mindset of the pro trader with this type of situation ? Again sorry if its really basic but all part of the learning
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@mark-maguire one thing you could maybe do to help with this is make a note every time you think you got out at the wrong time, was it more often too early or too late? then look to find the sweetspot! thanks for your kind words, if there is anything else you think a video on would be helpful let me know as we try to do a video or two a week on youtube and usually answer questions from members.
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Thanks for feedback Martin. And by the way the brilliant content on the BTC Academy.. The mindset stuff is really useful and in terms of my learning I feel one of the biggest challenges is the confidence to trade in and out at the right times, like this last night I thought my thinking was sound but when it was going green I was uber conscious of getting out at the right time but almost scared to do so if that makes any sense.. anyway thanks again
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@mark-maguire think you read this game really well, you got out at the right time and took a nice value low odds lay trade, well done!
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I greened up for 3.07 profit .. Stockport on Front foot but West Ham livening up especially Declan Rice