Lessons Learned...
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So this is what I have learned since starting my trading journey and initially being confused and overawed by everything, as you might expect, but push on I have and read lots, watched lots, listened to advice given, this is my outcome
I have learned what green screens are and why they are so exciting and earn you free money. once you have cashed out.
I now know why my BF balance went up after last weeks Leicester Chelsea game, because the same thing happened after this weeks Liverpool v Southampton Game, only by £2, but I knew where it had come from and why as opposed to last week, not having a scoobies! : 0
I have figured out how best to select games for LTD, this is my own preference which I might use the software for if i can figure it out!
. My preference is for stronger teams playing weaker teams so there is an 80/20% in favour of the stronger team
The 80% Team has to have a good percentage of of scoring 1st half goals, ideally within the first 15 minutes, but if not then the 1st half is fine.
If no goals have gone in by half time to review the C/O situation, but making sure that in any event best I can that I try and take a 10% minimum Loss
There are other opions in other foot markets, but for me they will be optional for nowAbove all to control the Liability
When I first started I was so fearful of the liability, but not anymore and now know its something we can controlI wished I had discovered BF trading a long time ago, I can see why people like it and as long as your match selections are fairly well chosen, or as best you can, then everyone should be able to earn some really good money.
Absolutely everything is documented, at the moment in a folder, but I may transfer that to Google Docs if I can figure how to do spread sheets in Google!!
But thats my take and leassons learned so far.
This week is my first proper trading week, so I shall see how it goes.But now I am 100% confident, compared to first starting out and being less than 5% Confident