Today's Horse Racing
- ruthlessimon
- Posts: 2094
- Joined: Wed Mar 23, 2016 3:54 pm
They struggle for the simple reason -> it requires an edge (which I bet they don't have - or weren't taught how to find)
No edge = Net loser
That's not necessarily the case. Even profitable traders with an edge can let there emotions get in the way of what there are really capable of achieving.ruthlessimon wrote: ↑Fri Dec 29, 2017 11:15 pmThey struggle for the simple reason -> it requires an edge (which I bet they don't have - or weren't taught how to find)
No edge = Net loser
- ruthlessimon
- Posts: 2094
- Joined: Wed Mar 23, 2016 3:54 pm
I agree, but I think far more people don't have an edge vs. do have an edge but can't execute.
My personal belief is that Korattt didn't fully understand his edge.
My personal belief is that Korattt didn't fully understand his edge.
- ruthlessimon
- Posts: 2094
- Joined: Wed Mar 23, 2016 3:54 pm
I'm in dragon's camp on this onedragontrades wrote: ↑Fri Dec 29, 2017 3:51 pmbtw no one should ever stake any money until they are able to profit consistently in practice mode.
You dont give up learning because you lost money just trade in practice mode
I know the "double down" argument is valid. But a swing trader taking the sim seriously - who isn't profitable - certainly won't be profitable live
-Right enough of my off-topic postings
Problem with trading for any length of time in practice mode is the £299 bill Betfair send you out of the blue.
Probably better to trade with just a 50-100 bank and £2.50 stakes so as to get trades through in one transaction. This will show you fairly quickly if you have an edge without risking the roof over your head. you can always scale up as the bank increases.
Probably better to trade with just a 50-100 bank and £2.50 stakes so as to get trades through in one transaction. This will show you fairly quickly if you have an edge without risking the roof over your head. you can always scale up as the bank increases.
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- Posts: 1110
- Joined: Thu Jan 12, 2012 10:00 am
WTF happened there ??
used my whole bank on that one,i have no pictures,,what happened ??
used my whole bank on that one,i have no pictures,,what happened ??
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- Posts: 1248
- Joined: Wed Oct 19, 2016 11:22 pm
Might skip Taunton today.
It has screwed me over in the first two races
It has screwed me over in the first two races
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- Posts: 1248
- Joined: Wed Oct 19, 2016 11:22 pm
13.50 what a great market 900k pre off