Thanks to Peter

[kingsmark]

I lack the aptitude and focus to be a serious trader, but over the past 10 years or so I have been searching for an edge. My occasional steps forwards have repeatedly been negated by more steps backwards, making an overall loss from my efforts. However, I continue in belief that the tide will turn.

I have watched many Bet Angel videos, more out of interest than any expectation of an answer to this conundrum. Recently I tried an idea suggested by Peter, which appears to be the last piece of the jigsaw. Early days, but enough repeated successes say this approach has legs. I will settle for consistent modest returns.

So, a big thanks to Peter and the wonderful Bet Angel software.

[spreadbetting]

I will settle for consistent modest returns.

In general consistent modest returns are the only way to maintain long term profits from trading.

[Derek27]

Very true. Greed is probably the downfall of many, otherwise talented traders and bettors.

[eightbo]

I am curious to hear more of your story; have you previously found things that worked for a period of time?
Given you think you "lack the aptitude and focus for serious trading", have you considered basic automation strategies such as offering value bets?

[Euler]

So, a big thanks to Peter and the wonderful Bet Angel software.

Thanks for taking the time to post your thoughts and thanks. The team and I get a lot of satisfaction from seeing people progress.

[kingsmark]

@eightbo

You can teach a new dog old tricks ...

I just do not have the time or inclination to learn new tactics. Exploring the scope and boundaries of my much improved method will be a sufficient challenge.

Markets and trading are a demanding subject at competitive level. However, I think the biggest hurdle is not technical stuff, but finding discipline to follow the same methodical routine, whether winning or losing. Keeping a record of personal results is the best way to understand failings and find improvements.

As others point out, greed is the downfall of so many capable traders. I would rather enjoy regular profit, than chase growing losses, having some experience of both.

[Korattt]

Recently I tried an idea suggested by Peter, which appears to be the last piece of the jigsaw.

Early days, but enough repeated successes say this approach has legs.

I agree, there has been a couple of videos recently which have been very, very useful for me & dovetail quite nicely together. My thanks also go out to PW & the BA team.

Keep it green folks..