Building your bank
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I started football trading this year from Oct 1st. I only really trade Home wins, Over 1.5, Over 2.5, and Dutching correct scores. As well as using strict BTC Filters, I also have a spreadsheet that uses filters based on last 6 games.
Up to end of yesterday, Nov 6th, I had done 218 trades and made a profit of £119.68. Based on a starting bank of £3000, that is a ROI of 4%.
Can I ask experienced traders out there, is this 4% ROI an acceptable return?? I would love to know to see if I am on the right path. -
I think initially there's a lot of pressure put on traders to wonder whether their ROI is good or bad.
I say thats stellar. First month profitable in a tough month, you rock on!
When you have data as well it allows you to scale a strategy by seeing whats working and not working.
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@michael-madigan said in Building your bank:
I started football trading this year from Oct 1st. I only really trade Home wins, Over 1.5, Over 2.5, and Dutching correct scores. As well as using strict BTC Filters, I also have a spreadsheet that uses filters based on last 6 games.
Up to end of yesterday, Nov 6th, I had done 218 trades and made a profit of £119.68. Based on a starting bank of £3000, that is a ROI of 4%.
Can I ask experienced traders out there, is this 4% ROI an acceptable return?? I would love to know to see if I am on the right path.Profit in your first month of trading? You are well ahead of the curve!
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I'm comforted by the fact that everyone was struggling in Oct. I thought it was just me. There were some amazing, strange results in Oct.
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A lot of people struggled in October so I think thats pretty decent. You can compound that, and get bigger returns assuming your strategies are reliable
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I should have added, I have a win lose ratio of 57% to 43%
