General Advice for all newbies

[Euler]

I value posts like that, knowing that you have worked so hard to make progress.

[Korattt]

with regards to pre race trading on the horse racing win markets, if you really want this.. to succeed and make profit then you can, it can take a couple or more years to work out what works & what don't, and even then you need to work on your mistakes, you can do it, just takes a lot, a heck of a lot of blood, sweat, desk bashing & tears

my last three days off work have resulted in the following.

Total P&L: £112.87
Total P&L: £185.18
Total P&L: £155.88

I have traded after coming home from work this Monday & Tuesday week starting at 3pm which was total car crash trading.. hence:

https://www.youtube.com/watch?v=tW9axt5PeTs https://www.youtube.com/watch?v=8L90Y0KKKrI

[Dallas]

with regards to pre race trading on the horse racing win markets, if you really want this.. to succeed and make profit then you can, it can take a couple or more years to work out what works & what don't, and even then you need to work on your mistakes, you can do it, just takes a lot, a heck of a lot of blood, sweat, desk bashing & tears

my last three days off work have resulted in the following.

Total P&L: £112.87
Total P&L: £185.18
Total P&L: £155.88

I have traded after coming home from work this Monday & Tuesday week starting at 3pm which was total car crash trading.. hence:

https://www.youtube.com/watch?v=tW9axt5PeTs https://www.youtube.com/watch?v=8L90Y0KKKrI

Excellent set of results Korattt and thoroughly deserved im glad to hear its coming together for you, as any regular reader of this forum will know you have certainly put the hard work effort in so WD to you for sticking at it and not giving up - especially when things were at their lowest back in jan/feb

[Korattt]

with regards to pre race trading on the horse racing win markets, ..

https://www.youtube.com/watch?v=tW9axt5PeTs https://www.youtube.com/watch?v=8L90Y0KKKrI

Excellent set of results Korattt and thoroughly deserved im glad to hear its coming together for you, as any regular reader of this forum will know you have certainly put the hard work effort in so WD to you for sticking at it and not giving up - especially when things were at their lowest back in jan/feb

appreciate that Dallas, thanks

[ludite]

I have been trading mostly tennis on here since starting in April , & have made a good start . But now the football season has come round I'm thinking of using one of the subscription sites such as Pre match trading .com to give me a good start to the season . Can anyone reccomend one thats good value please ?

[Black Ice]

Congrats Korattt!! Can i ask when your trading journey first started? Thanks

[Korattt]

Congrats Korattt!! Can i ask when your trading journey first started? Thanks

roughly two years ago

[Naffman]

Not meaning to be rude but I thought you had no chance earlier this year when everything seemed to be going wrong so I'm really glad to hear this it proves hard work does pay off!

[RentonT]

Good to hear Koratt, really pleased for you that you didn't give up.

[Black Ice]

Korattt: To be really quizzy..what sort of stakes were you using for those results...and how many races did u trade for them per day? U needn't tell if u dont want to..i shan't be miffed!!

[Dave C]

There's a reason that I don't often read this forum and this thread sums it up completely. For anyone even thinking of learning to trade I would suggest staying away from here due to the negativity spewing forth from half the posters and 40% alluding that trading is a mythical skill akin to Sorcery or something so complex that you need a degree in Probability and Statistics.

I appreciate that Trading isn't easy but you sound like the people that Peter talks about in his videos- "No it can't be done, it's impossible, forget it". You all seem to want it to be this Rubik's Cube x Pi that mere mortals cannot solve and shouldn't even attempt. No disrespect to the guy, but if Caan Berry can make a living trading then a lot of people can.

[Dave C]

with regards to pre race trading on the horse racing win markets, if you really want this.. to succeed and make profit then you can, it can take a couple or more years to work out what works & what don't, and even then you need to work on your mistakes, you can do it, just takes a lot, a heck of a lot of blood, sweat, desk bashing & tears

Good man. That's more like it.

[Dave C]

The name was changed in a previous post and I totally understand why but as stated, it wasn't meant as any sleight. I've even said it to him and use it as an inspiration.

[iambic_pentameter]

It's probably been mentioned in the thread already but discipline is so important.

Case in point for me, is that I've had a shocker today in terms of reading the markets, selections not trading as low in running as I'd thought - based on my research and previous runs. Everything I touched, turned to red.

It wasn't that long ago that I'd chase those losses but just over half an hour ago, I logged off Bet Angel and will come back tomorrow.

My thought process was:

1) Loses are part of the game
2) If I chase those losses, I'll likely lose a lot more and that will affect my trading bank - my objective is to protect that bank
3) If I was a professional trader relying on this for my income, would I chase the losses? Of course I wouldn't so do what the professional would do.

I am by no means the finished product but I hope that any newbies see this and understand that discipline is a huge part of trading.

Iambic

[Korattt]

Not meaning to be rude but I thought you had no chance earlier this year when everything seemed to be going wrong so I'm really glad to hear this it proves hard work does pay off!

not that I'm no expert at trading looking back I really was trading like an idiot back then