Trading Articles

Choose your battles carefully. Do you trade every race as a Betfair trader? Most do. I used to. Why? You crave action.

Trading is and always will be a game of controlling losses. Some traders are simply a bankruptcy waiting to happen.

Betting exchange trades depend on how well you answer one question. Everything else is commentary.

Value bets? What do we really do as traders? When you strip away everything we end up with just one thing.

But always use a stop loss. It closes out a position or trade automatically should the price move a number of ticks against you.

What's better? Taking many trades that have a reward to risk ratio of 1 to 5 or taking many trades that have a ratio of 5 to 1?

Bitcoin Commission Free Trading - How Is It Possible? There will be no transaction fees on any trades on Digitex.

You can be patient with your entries or you can be patient with your exits - but you can't be both. Be selective on price.

Emotions can have an impact when trading. Nothing says rejection like a stop out. It triggers so many horrible fears.

Volatility stops? Equity stops? Who are we kidding? Do you either chase the move or fight the market?

Selection trading is simple? All you need is a strategy with positive expectancy and the discipline to follow it?

Be successful. Today. Every happy trader is different but every unhappy trader is depressingly the same.

Make sure that you match the timescale of your prediction of the price's movement with the amount of time you hold your position.

When trading on Betfair or Matchbook, success goes to those who seek to win, but more to those who learn how not to lose.

Stay focused. Remember, putting in a counter-trade two ticks higher than you just laid could be just gambling, not trading.