Question about earnings of Professionals

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Lucacrebbe
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RonObvious wrote:
Mon Apr 02, 2018 5:40 pm
ShaunWhite wrote:
Mon Apr 02, 2018 5:03 pm
Horse trading is not WoM or any TA. It is order flow and crowd psychology.

That is not vague it is the whole answer. You have already observed crowd behavior in tennis, now apply that to everything.
I've seen order flow mentioned a lot on the forum but cant say I completely understand what it iss :oops:

Is it just how the money at the touch price is being matched?

It's somenthing they use as buzzwords. they are in loss, because think about it : it's a zero sum game, if everyone uses TA and order flow and bots, everyone would be rich. And the statistic is that only 2% are profit long term.

So don't even look for buzzword like orderflow, Wheight of money etc.
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ShaunWhite
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RonObvious wrote:
Mon Apr 02, 2018 5:40 pm

I've seen order flow mentioned a lot on the forum but cant say I completely understand what it iss :oops:

Is it just how the money at the touch price is being matched?
I'm going to say yes but my next post might have an embarrassed face too. It's certainly my interpretation of the essence of it. Time for a clarification by those fond of the phrase?

Luca use some of your bank to buy some more 3g data. You need to speculate to accumulate.
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ShaunWhite
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Lucacrebbe wrote:
Mon Apr 02, 2018 5:47 pm
RonObvious wrote:
Mon Apr 02, 2018 5:40 pm

I've seen order flow mentioned a lot on the forum
It's somenthing they use as buzzwords. they are in loss, because think about it....
:lol: :lol: :lol:
Didn't even take a day. See Peter.... You talk bollocks and are a loser, Luca has unmasked you.

This guy really is something else.
spreadbetting
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Lucacrebbe wrote:
Mon Apr 02, 2018 11:55 am
I would like to ask you how are those kind of gains possible if Betfair.com does not have that much liquidity to let those kind of gains to happen

I mean it's very difficult to match a bet of 5k/10k on betfair... without to have problems of hig spread and bad risk / reward ratio... so I was wondering, how can they make that such gains, without betting a big stake (10/20k) time after time?
Most bread and butter pro's are simply exploiting small edges that can be consistently applied over numerous markets rather than trying to make the odd large £10K trades so generally it's a case of churning thru the markets. Even though there may appear to be decent liquidity on the .com site it doesn't mean that liquidity is where you want it to be and in general it's the opposite. At the end of the day your profit will come from a percentage of your turnover, for most of us that percentage is generally quite small so you need a large turnover to make it worthwhile.
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jimibt
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sorry, not been following this thread (entertaining as it seems). is it just me, or is this just a fake trolling exercise in motion by this un giovanotto italiano ... feels like a protracted wind up to me.
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Kafkaesque
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My only contribution to the other thread started by this OP was the theory that it might be trolling and some pics of fat blokes, so let me try to be a bit more constructive with a few points.

First to Luca. You seriously need to take a breath and a step back here! This is going to come across as harsh, but is truly well-intentioned. You're showing some very troublesome signs in a lot of what you post. I've been unfortunate enough to come across quite a few poor souls where passion has turned to addiction, and I do see some tell tell signs. My best guess is that you've been gambling for a while before stumbling onto trading; always thinking you've found the perfect approach many times over, only to see it crash and burn each time. At best you're looking at trading as some sort of get rich quick scheme. When in fact, getting rich through trading is long, hard grind with a lot of learning needed along the way. As is the case with any way of getting rich, bar the lottery. At worst you're a trouble gambler with another outlet and using the fact that it's trading as an excuse.

You go from praising yourself so much, it would make Zlatan blush, to making calculation errors that would make a 6th grader blush, within ours. You want to trade 10k at a time, but cannot afford or don't want to invest in something as basic as proper internet. It doesn't add up, so again , take a step back. I cannot add anything more insightful in terms of concrete trading advice than what the good people on here have already done. But when you take that step back, try to actually take that advice in, more than anything the advice about starting with smaller stakes, while trying to find where you have an edge. Compund interest is your friend early if you do find an edge. It doesn't have to be 10k to start off to be interesting. If it does, we're back to problem gambling. If you insist on thinking, you have all the answers and an edge already, while refusing to acknowledge that ANYONE can ALWAYS get smarter and better by taking in advice, then it's an absolute guarentee that you will crash and burn.

Secondly, to everyone else, I do admire you guys keep trying to give advice. Good on you! I was about post in the other thread that I couldn't decide whether I felt, it was admirable or silly that you kept trying with someone taking no advice onboard at all, when others started posting that the advice was valuable to them. So I guess, it has to land with admireable and good on this board :)

Lastly, to put a bit of humour to an otherwise glum post, then there's one thought which keeps returning to me, while reading these threads. OP's approach, self-understanding and attitude towards those trying to help just keeps on reminding me of this legend:

Image
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Derek27
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Lucacrebbe wrote:
Mon Apr 02, 2018 5:14 pm
Probably you look at the bookmaker's odds and add the 10% of edge that the bookmaker keeps for itself
Luca, give up guessing what the rest of us do (we all do different things), you don't even know what you're doing yourself!

It's actually the other way round - bookies look at the exchange and traders tell bookies what to do!
Last edited by Derek27 on Mon Apr 02, 2018 6:43 pm, edited 1 time in total.
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Derek27
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jimibt wrote:
Mon Apr 02, 2018 6:10 pm
sorry, not been following this thread (entertaining as it seems). is it just me, or is this just a fake trolling exercise in motion by this un giovanotto italiano ... feels like a protracted wind up to me.
I'm pretty sure the OP is genuinely searching for an easy way to make money. He just thinks about having 10 times as much on his winners but not on his losers.
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ShaunWhite
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Kafka's right to doubt everyone's sanity for being so relentlessly helpful. I questioned myself about it many times but a comment really stood out for me by someone who was observing, they said, to paraphrase, "if he's not listening then I'm certainly learning something" and somehow it didn't seem quite so futile.

I'm going to add 'between 20 and 25' to your forensic profiling.
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Derek27
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Whether he's listening or not, the fact that this topic has reached seven pages in just over half a day and stopped me from trading, is testament to the interest in the OP's question and replies. :lol:
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ShaunWhite
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jimibt wrote:
Mon Apr 02, 2018 8:08 pm
[shuan - balloon stradling :)]
I said squeezing not straddling! .. But you've given me the idea open a 'specialist' website. Now where did I put that bicycle pump....

By the way jimi, I applied my closed system balloon theory to the Cheltenham markets.... Ended up with 2 giraffes and a sausage dog. Just have to figure out what it means now.
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jimibt
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ShaunWhite wrote:
Mon Apr 02, 2018 10:13 pm
jimibt wrote:
Mon Apr 02, 2018 8:08 pm
[shuan - balloon stradling :)]
I said squeezing not straddling! .. But you've given me the idea open a 'specialist' website. Now where did I put that bicycle pump....

By the way jimi, I applied my closed system balloon theory to the Cheltenham markets.... Ended up with 2 giraffes and a sausage dog. Just have to figure out what it means now.
i think it's a tall story...
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ShaunWhite
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jimibt wrote:
Mon Apr 02, 2018 10:23 pm
ShaunWhite wrote:
Mon Apr 02, 2018 10:13 pm
Ended up with 2 giraffes and a sausage dog.
i think it's a tall story...
We're here all season folks. Twice nightly and a matinee on Saturdays for the kiddies. Tickets available from the pier box office.
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jimibt
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ShaunWhite wrote:
Mon Apr 02, 2018 10:35 pm
jimibt wrote:
Mon Apr 02, 2018 10:23 pm
ShaunWhite wrote:
Mon Apr 02, 2018 10:13 pm
Ended up with 2 giraffes and a sausage dog.
i think it's a tall story...
We're here all season folks. Twice nightly and a matinee on Saturdays for the kiddies. Tickets available from the pier box office.
on that note... (trombone purrumph [plus of course, semi muted cornet descending - *wah wah wah wah*])... nite ;)
Lucacrebbe
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I don't understand your concern.

Basically I have asked how to scale up. That's it.

''troll'' you called me; you have replied me as I had ask somenthing strange.

I have simply asked how to scale it up .
Because my trading strategy doesn't involve to trade too many match all togheter. That's it.

I have heard of macthed betting. Is it still profitable those days?
(I would start with matched betting before going trading with big stakes).

. Is it still profitable those days?
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