Please can you help me? I am close to depression

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Derek27
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Lucacrebbe wrote:
Thu Mar 29, 2018 7:13 pm
a 10% montlhy ROI is easly achievable.

10% per month x 12 months = 120% of annual ROI.

let's make the math with a stake of 1000 $ -- 2000 $ and 3000 $ (the max ammount tradable without having spread's problems)

1000 x 120% = 12'000 $

2000 x 120% = 24'000 $

3000 x 120% = 32' 000 $


I would achieve the 32' 000 $ annual goal. Possible?
Your maths is wrong Luca, a 10% ROI per month times 12 is still 10% ROI, you've just invested 12 times as much and made 12 times as much profit.

I've told you enough of times you won't make 10 times as much trading 10 times as much on betfair.com because the market is tighter, you won't get the same prices.

Have yo included the money you would have lost on the 1.05 in your profit calculation?
Last edited by Derek27 on Fri Mar 30, 2018 1:21 am, edited 1 time in total.
Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

Derek27 wrote:
Thu Mar 29, 2018 7:47 pm
Lucacrebbe wrote:
Thu Mar 29, 2018 7:13 pm
a 10% montlhy ROI is easly achievable.

10% per month x 12 months = 120% of annual ROI.

let's make the math with a stake of 1000 $ -- 2000 $ and 3000 $ (the max ammount tradable without having spread's problems)

1000 x 120% = 12'000 $

2000 x 120% = 24'000 $

3000 x 120% = 32' 000 $


I would achieve the 32' 000 $ annual goal. Possible?
Your maths is wrong Lucca, a 10% ROI per month times 12 is still 10% ROI, you've just invested 12 times as much and made 12 times as much profit.

I've told you enough of times you won't make 10 times as much trading 10 times as much on betfair.com because the market is tighter, you won't get the same prices.

Have yo included the money you would have lost on the 1.05 in your profit calculation?

yes you are right I made a wrong calculation

I know that keeping costant a 10% of monthly ROI is really really hard

I disagree with the fact of Betfair.com tight odds instead. That's basically not true, because in a more liquid market the odds are often better

Anyway is in your opinion a 2% montly a more accurate/realistic forecast?
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Derek27
Posts: 23636
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Location: UK

Lucacrebbe wrote:
Thu Mar 29, 2018 8:26 pm
Derek27 wrote:
Thu Mar 29, 2018 7:47 pm
Lucacrebbe wrote:
Thu Mar 29, 2018 7:13 pm
a 10% montlhy ROI is easly achievable.

10% per month x 12 months = 120% of annual ROI.

let's make the math with a stake of 1000 $ -- 2000 $ and 3000 $ (the max ammount tradable without having spread's problems)

1000 x 120% = 12'000 $

2000 x 120% = 24'000 $

3000 x 120% = 32' 000 $


I would achieve the 32' 000 $ annual goal. Possible?
Your maths is wrong Lucca, a 10% ROI per month times 12 is still 10% ROI, you've just invested 12 times as much and made 12 times as much profit.

I've told you enough of times you won't make 10 times as much trading 10 times as much on betfair.com because the market is tighter, you won't get the same prices.

Have yo included the money you would have lost on the 1.05 in your profit calculation?

yes you are right I made a wrong calculation

I know that keeping costant a 10% of monthly ROI is really really hard

I disagree with the fact of Betfair.com tight odds instead. That's basically not true, because in a more liquid market the odds are often better

Anyway is in your opinion a 2% montly a more accurate/realistic forecast?
When I said tight market I was referring to the range of movement - you won't get the same ROI as you would a weaker market because the market doesn't move as much.

A realistic ROI forecast depends on how skilled the trader is.

I regret to say this, but as a trader who hasn't yet learnt to calculate risk and needs to ask on a forum what his risk is for a particular trade, I would be amazed if you made any profit!
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jimibt
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Location: Narnia

Derek27 wrote:
Thu Mar 29, 2018 8:49 pm
I regret to say this, but as a trader who hasn't yet learnt to calculate risk and needs to ask on a forum what his risk is for a particular trade, I would be amazed if you made any profit!
i'm unable to add to that - succinct...
Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

Derek27 wrote:
Thu Mar 29, 2018 8:49 pm
When I said tight market I was referring to the range of movement - you won't get the same ROI as you would a weaker market because the market doesn't move as much.

A realistic ROI forecast depends on how skilled the trader is.

I regret to say this, but as a trader who hasn't yet learnt to calculate risk and needs to ask on a forum what his risk is for a particular trade, I would be amazed if you made any profit!

If doesen't move as much also the losses are less.

Anyway , when the favourite tennis player wins the two games, breaks the unfavourite, the odds move.... I can assure you, tight market or not, the odds move...

basically it reflects the fact that people are jumping in with fear of missing out the ''train'' of the favourite player who is going to run away.

So people who have backed her pre-game are waiting for cashing out the little scalp

Then new people come and back / lay him/her (the favourite) at new competitive price.

That's how swings happen in tennis.


Paradoss: the favourite has lost in the long run

At some point Steaphens was priced 20

I would have been backing her at 13,50... 1000$ x 13,50= 1350000

I would generally advice to enjoy tennis instead of football or horsing races... the swings are insanley

(this is not a financial advice, tought)

One can end broke, or rich, /semi-rich
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Last edited by Lucacrebbe on Thu Mar 29, 2018 10:13 pm, edited 2 times in total.
neilb
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Lucacrebbe wrote:
Thu Mar 29, 2018 9:45 pm

At some point Steaphens was priced 20

I would have been backing her at 13,50... 1000$ x 13,50= 1350000

You might want to work on your maths a little longer before you start trading for 'real money'.
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Derek27
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Location: UK

1000 x 13.5 is NOT 1,350,000 !!!

Besides, you are after timing, deciding what you would have done after you know the result. What makes you think you would have been fast enough to get a bet on at 20?
Lucacrebbe
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neilb wrote:
Thu Mar 29, 2018 10:02 pm
Lucacrebbe wrote:
Thu Mar 29, 2018 9:45 pm

At some point Steaphens was priced 20

I would have been backing her at 13,50... 1000$ x 13,50= 1350000

You might want to work on your maths a little longer before you start trading for 'real money'.

13,50 x 1000 = 13500

Aahha yes, I was wrong again. Sorry.
Lucacrebbe
Posts: 190
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Derek27 wrote:
Thu Mar 29, 2018 10:08 pm
1000 x 13.5 is NOT 1,350,000 !!!

Besides, you are after timing, deciding what you would have done after you know the result. What makes you think you would have been fast enough to get a bet on at 20?
Because Steaphen was really in a bad situatio... the price of 20 was right, no-one would have never image that at the end She have won the set, and the entire match.
Last edited by Lucacrebbe on Thu Mar 29, 2018 10:14 pm, edited 1 time in total.
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Derek27
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Did you scroll down that chart to see how much was matched at 20?

I think it's extremely unlikely €1000 was matched. Perhaps €2. :lol:
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Dallas
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Lucacrebbe
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Derek27 wrote:
Thu Mar 29, 2018 10:13 pm
Did you scroll down that chart to see how much was matched at 20?

I think it's extremely unlikely €1000 was matched. Perhaps €2. :lol:

On Betfair.it.

In the .com is easy to find 80$ at that price, and even more.
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Derek27
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Location: UK

Lucacrebbe wrote:
Thu Mar 29, 2018 10:11 pm
Derek27 wrote:
Thu Mar 29, 2018 10:08 pm
1000 x 13.5 is NOT 1,350,000 !!!

Besides, you are after timing, deciding what you would have done after you know the result. What makes you think you would have been fast enough to get a bet on at 20?
Because Steaphen was really in a bad situatio... the price of 20 was right, no-one would have never image that at the end She have won the set, and the entire match.
Except you!!!

You must be the world's greatest trader. :lol:
Lucacrebbe
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Joined: Thu Sep 21, 2017 3:23 pm

Anyway, even in case there would have been not money to back at the price of 13 or 20, you can always lay down, '' all the way long '' the favourite

People who have layed Azarenka at 1,09 and kept the trade until the end

In Betfair it's easy to see even 20' 000 in back / lay side when the favourite is under the price of 1.10

In this scenario, a laying bet of 20k on the favourite (risking 900$) would have yeld you the profit.

There is always a solution for the smartest ones!

The real genius is the man who layed Azarenka at 1.09

My dream is to became that kind of guy, more and more
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Derek27
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Location: UK

Lucacrebbe wrote:
Thu Mar 29, 2018 10:17 pm
Derek27 wrote:
Thu Mar 29, 2018 10:13 pm
Did you scroll down that chart to see how much was matched at 20?

I think it's extremely unlikely €1000 was matched. Perhaps €2. :lol:

On Betfair.it.

In the .com is easy to find 80$ at that price, and even more.
How do you know, did you look?

It's unlikely it would have got that high on betfair.com because there would have been more money on the ladder at lower odds.
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