Just to set everyone's expectations, if around Xmas time I don't seem to have made at least some identifiable progress for me, then I will throw in the towel at that point, as I've got better things to do if this is never going to work out for me. So that's around 2,000 markets probably.smallplayer wrote: ↑Mon Sep 14, 2020 10:08 pmI'm guessing that if most traders actually knew how long it was gonna take at the start, then a lot of them would have thought, "nah, stuff that"alexmr2 wrote: ↑Mon Sep 14, 2020 8:41 pmIt would be interesting to hear how many markets it usually takes manual pre-off traders, it is something that I rarely see discussed but seem to remember a poll on here where the majority had voted it took 10,000+ markets. From the very little profitable traders I have heard of they said it took them around 2-3 years.
I have traded around 10,000 races over the last 2 years (almost every day) and I still struggle to breakeven at the end of the week, even for me to get to lifetime breakeven would take a very long time. Mostly it is emotions holding me back after something goes wrong I can lose a few days profit from the classic mistakes of overstaking and chasing losses.
I also often wonder if nowadays it is harder to make it in pre-off because there are more traders with more experience (and more bots). I also have heard that post-covid markets without the spectators etc. are worse than usual but I'm not sure if that means harder to read or just lower liquidity?
Btw, I am 8.5k races in and 71 weeks spent and I am just at small consistent profit stage. I cannot scale up much it seems for fear of implosion
Also, I see no difference in pre and post covid tbh
I know some of you will say 2,000 is not enough, well then so be it, it's definitely not worth the return of investment in what would be at least 2-3 years of torture!!!