Lessons Learned
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I am posting this here, because i did a lengthy post yesterday, in Weekly wins, which seems to have disappeared!!
Anyhow I thought I would share this here, as it might help others
On Thursday, I traded to very small games in the Over 0.5 Market, mainly to test a couple of things out
Both got very small wins.
But what I learned was that no matter what trade we are doing, all we need is 1 Goal for that trade to be a winner.
I stopped totally after the two trades, wrote everything down, then evaluated what I have done and my plan going forward
I now have a trading plan. I have a strategy, which will be LTD this is after reading Darris Road to Full Time blog, which was similar to the way I started out with Betfair during the Euro's
I know how I am going to approach my strategy now and what starting odds to look for
I now know how to research the chosen matches
What I would like to know, is that with the markets chosen, does anyone have a minimum amount they like to see matched for particular matches EG:£5,000 /10,000
So as today is my first proper day of Trading, which I am looking forward to, I can say that this community help me get there.
I look forward to the replies.
Thanks
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@Darri Yes it definitely helped a lot, as did your advice and now I am feeling more like a proper trader.
As for the leagues, yes I had worked that one out, just from having a look around.i did it mainly just to test a couple of little things out for myself.
Focus is on the main leagues now, so looking forward to it
Thanks and I will ask don't worry bout that!
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Good to see the blog helped you mate. Hopefully now you can narrow focus and not be feeling the need to jump around.
In terms of amount matched it really doesnt matter, its all about how much is available for you to get on. Over time youll come to realise that smaller leagues are pointless to be trading. Just stick to the top leagues in nations you know and trust. Liquidity will not be an issue on the best leagues. Save yourself the hassle and just remove those small leagues. Then this question wont be an issue.
Any help with ltd just just ask, its a main strategy for a lot of good traders
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@Ryan Cool thanks matey, much appreciated
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@dave-hayes Ok, Ive done LTD for years minimum for me has always been £1,500 at KO
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@Ryan Yes it is Ryan ; 0