I'm Giving It Another Go....
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I’m giving it another go….
Hello everyone, Hope everyone is well and enjoying the Christmas break.
For over 10 years I’ve been trying to make my Betfair trading work so here I am again looking for a way to make it a permanent second income.
I think over the years I have failed in a few areas and I’m going to make myself accountable for them here, so I can look back on this thread and update it on a daily/weekly basis to remind myself on what I should be doing.
I have not really kept records apart from my Betfair profit & loss screen so I’m looking to keep records.
I will not chase losers
I will be sticking with a handful of methods for my football trading and if there is no selections then I will not trade.
I am looking at compounding my bank and already have the perfect spreadsheet in place to help me do this but I also have now realised that you do not need to make a million percent a month to make this work. So I’m starting out till I find my feet at between a 5%/10% return per month.
Once I see what the returns are like after keeping records I can then put a realistic figure in place to set my targets at.
I do have a few questions also if anyone is willing to help with this. BTC does look very basic which I like as I have been with other places not naming names which have given far too much data which just confuses me and at times talks me out of trades.
Where is a good starting point as I have watched a few of the videos and took notes of some of the methods, but I’m looking for a little structure so where would you start first and spend time working on.
Also if there is any full time traders what’s methods do you find works best and how do you guy’s set up your days (Do you have a routine) etc
All the best for 2023, I’m going to be giving this my best shot and treating it as a business not just a boredom tackler!!!!
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@steven-brown Welcome to the community and great to have you here, the best place to get started is the start here videos - have you been through them yet?
They are pretty much the step by step process I built to make anybody who follows it a super trader - I’ve made it super simple.
From there it literally gives you a plan which you can then work out what to do daily.
If you get stuck just ask matey.
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Looking at the opportunities that are about today I have narrowed down my trades to 3
I am looking at a low risk high reward FH strategy in the Wuhan Three Towns v Zhejiang Greentown and Ankaragucu v Umraniyespor games.
Also looking at a correct score trade in the Chelsea v Bournemouth game backing 2-1,1-2,2-2,3-0 and 3-1 and trading ther position as I go.
I will be back this evening with an update or add to the thread if anything catches my eye.
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@steven-brown said in I'm Giving It Another Go....:
Todays results
Charlton v Peterbough seen a ROI of 25.6% and my correct score trade seen a great return of 91%
I am looking at trtading a game this evening Charleroi v Anderlecht in the FH but not fulluy committed to it yet so may just call it a day.
good work, following this thread with interest!
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Todays results
Charlton v Peterbough seen a ROI of 25.6% and my correct score trade seen a great return of 91%
I am looking at trtading a game this evening Charleroi v Anderlecht in the FH but not fulluy committed to it yet so may just call it a day.
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Todays trades will be as follows
I'm looking at the Southampton v Brighton game trading the correct score market covering 2-1,1-2,2-2,0-3 and 1-3 and will trade as goals go in.
Also I'm having a go at Ryan split stakes and taking my shot on the Charlton v Peterbough Game providing there is no goal by 30 mins.
Not wanting to over trade so will keep these two games for now and will look at later KO's after these have been settled good or bad.