It is really easy to fool ourselves into thinking that we have the best Betfair trading methods. Just don't bet yourself up!
Man of Mystery 1,499
Managing losers is useless and as betting exchange traders we should only focus on managing winners. Find out why?
Man of Mystery 5,883
But always use a stop loss. It closes out a position or trade automatically should the price move a number of ticks against you.
Man of Mystery 1,770
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.
Man of Mystery 1,926
Volatility stops? Equity stops? Who are we kidding? Do you either chase the move or fight the market?
Man of Mystery 1,847
Selection trading is simple? All you need is a strategy with positive expectancy and the discipline to follow it?
Man of Mystery 2,702
Be successful. Today. Every happy trader is different but every unhappy trader is depressingly the same.
Man of Mystery 2,399
Stay focused. Remember, putting in a counter-trade two ticks higher than you just laid could be just gambling, not trading.
Man of Mystery 1,953
Target on Betfair? Many traders average down in their positions as they try to rescue a losing position.
Man of Mystery 2,737
Human nature will always make us dwell on what we just missed out on without appreciating what we've got.
Man of Mystery 4,904
There are points in the Betfair odds system that we call "crossover points". Odds such as 4.00 where the tick below is 3.95.