Betfair Charity Challenge Daily Betfair Trading Results Saturday, Mar 17, 2018

Stop being controlled by your emotions. - After some wins you feel invincible - After a loss you doubt yourself - After more losses you want to give up Balancing your emotions is the trick to control your emotions.

Finding a good setup is easy. Staying calm executing the good setup is 10x more difficult. Execution is the difference between a successful trader and a bad trader.

The more experience you get, the calmer you become.

Don’t be afraid to disappear while you build Betfair Trading skills and become a fearless successful trader.

Betfair Trading is the most individual business. In front of your computer there is only you and yourself. You are your own competition.

Greed is the most powerful Betfair Trading killer.

1 trade is enough to destroy 100% of your confidence. 1 trade is enough to destroy 100% of your Betfair Trading account. 1 trade is enough to destroy 100% of your mindset. Risk management will save your Betfair Trading life.

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4. Mix everything together Betfair Trading is much more than a Betfair Trading system. - Without a profitable Betfair Trading system you cannot get more money - Without proper risk management you cannot protect your money - Without a proper mindset you cannot survive in the long term

3. Psychology Psychology is the tool to control your offensive and defensive weapons. - Think in probabilities (Everyone can lose the next trade) - Think long term (1 trade is nothing, 1000 trades are everything) - Use mistakes and failures as fuel to become a better trader

2. Risk management Risk management is the defensive weapon to protect your money. - For 30 days focus only on risk (not money) - Store data and check progress (in the meanwhile you develop some self-discipline and consistency) - Repeat

1. Betfair Trading system A Betfair Trading system is the offensive weapon to get more money. - Learn the basics (market structures, R/S, candlesticks patterns, etc.) - Find 1 or 2 killer setups - Backtest and store past data (WR, RRR, etc.) - Trade

Roadmap to become a successful trader:

If you're not successful yet, Saturday is the best day to improve yourself. - Plan the next trades - Review your past trades - Review your Betfair Trading system Stop wasting your time.

Betfair Trading is full of opportunities. Traders just miss them because they are afraid to act. Just focus on your system and forget anything else.

Your mistakes, struggles, failures, late nights, early mornings and emotional breakdowns are part of your Betfair Trading experience.

Normalize winning trades without boosting your ego.

What Betfair Traders should do: • Wait for an opportunity • Execute • Win/lose • Repeat What Betfair Traders really do: • Wait for an opportunity • Doubt themselves • Break rules • Follow other systems • Doubt themselves • Lose • Repeat

Risk management is the most underrated Betfair Trading skill.

Stop trying to 3x a $1,000 account in 30 days. Start thinking in %. 2%, then +4%, then +6% and so on. If you can't manage a $1,000 account, you can't manage a $100,000 account.