*****New Football Thread*****
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Morning all....I'm putting myself out there to be shot at and ridiculed here as I've been trying to master this trading lark for a long time now as some of you will know I've been in and out a couple of times.
I feel I'm closer than ever to being regularly profitable but I know part of this process is self reflection and it's becoming quite obvious to me what is stopping me from making that next step....DISCIPLINE - I know it's a big one but hear me out !
Generally my discipline has improved massively this time around, I don't over stake, I exit losing trades when I should, I don't chase losses etc. BUT...
The one thing I can't seem to get enough control over is jumping on something outside my plan or filters when I believe there is an opportunity to profit ... This isn't all of the time but it's often enough to see me treading water rather than steadily building the bank, whenever I look back at a day that hasn't been profitable or even profitable days I can nearly always cite it back to a trade that was outside of my plan.
I know this should be enough to stop me doing it and sometimes it is but still too often I fall foul of this.Wondering if anybody on here had any sort of strategy or tip for stopping themselves doing this that has worked for them long term !
Thanks in advance for any pearls of wisdom
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@Alex-Rule Great point! On that topic what do we all think is the perfect set of football strategies to have the best mix/diverse portfolio?
In terms of what I am live trading or testing, I’m looking at:
Lay Away Team
O1.5
U3.5
U1.5
SHGFeels diverse enough but interested what others think!
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Looking historically, do you usually see such a drop in April with teams running out of steam?
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@mick-mcmahon I'm finding diversity is key. You need to have a mix of set and forget and inplay strats to weather the storm. Spreading across different markets helps as well!
My main LTD strat dropped over 10 points the first weekend of April and it's still negative for the month - will be lucky to break even I think. Given me a real boost not to rest my hopes and dreams on one strat as a banker and keep creating and playing to create a set of great strats!
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@mick-mcmahon it's the same filter
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@Martin started falling apart mid Feb... I used to use the tomaz selections in the email too. The one on the site doesn't perform half as well
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@mick-mcmahon said in *****New Football Thread*****:
Is it just me or has trading gone down the toilet recently
careful with the end of season games at this time of year, make sure the teams have something to play for, good news is summer leagues kick in soon
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@Arran-Shackell yep me or Julie
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Is it just me or has trading gone down the toilet recently
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I recall the old members strategies emails used to come out early hours of the morning, was that someone sending that all along?
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@Liam-Mcnee said in *****New Football Thread*****:
Hi everyone. I was wondering how much does everyone value ROI when testing a new strategy? Is there a minimum % it needs to meet or is it just straight up how much money has it made? Thanks
The more I study it the more real profit is king. If you have 1.5% ROI but many selections you are golden, if you don't get many per week then it's less valuable.
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@Arran-Shackell Adams finds the highlights for us from the software think that part is automated to the extent that it can be
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@Liam-Mcnee I always aim (hope) for minimum 3% ROI
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@Martin said in *****New Football Thread*****:
@Nick-Allan said in *****New Football Thread*****:
@Martin said in *****New Football Thread*****:
@Nick-Allan said in *****New Football Thread*****:
@Martin what was the difference between lay away 1.0 and 2.0? i think im still using 2.0 but not sure, its the 2.0 version in the pro filters under lay away example? Im testing 3.0 as well which had a great weekend while 2.0 was tricky
1.0 is the one in the members filters.
2.0 has odds range and league filters,
3.0 has updated odds range and league filters.do you have a copy of the 2.0 filter so i can back test it and compare it to 3.0?
Thanks Martin
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Hi everyone. I was wondering how much does everyone value ROI when testing a new strategy? Is there a minimum % it needs to meet or is it just straight up how much money has it made? Thanks
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Is it not automated? Obviously isn’t but you surprise me.
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@Simon-Bates Ahaha love that! She can wait outside lol I'd have said something similar to my wife too lol
So what was the moment it clicked when you thought no, I need to not quit this and then what did you do?
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@mick-mcmahon our admin lady is mia will send them out myself now
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@Martin No footy or horsey emails today?
