best piece of advice you have been given

[superfrank]

Never take advice from an amateur golfer.

[ShaunWhite]

Before going for a night out, my old man used to tell me... "If you're not in bed by midnight, come home."

[GaryCook]

Dont trade for money. Do it for fun. Then if its makes money it's a bonus.

Probably the worst piece of advice I could imagine. Not sure trying to get your kicks from trading is the way to go, probably lead to all sorts of bad habits or a heart attack

How's the trading and the fun going, btw?

Great because I do it out of interest only. Therefore I always win where almost everybody else is losing.

[stueytrader]

Dont trade for money. Do it for fun. Then if its makes money it's a bonus.

Probably the worst piece of advice I could imagine. Not sure trying to get your kicks from trading is the way to go, probably lead to all sorts of bad habits or a heart attack

How's the trading and the fun going, btw?

To be fair I think there's something in the initial suggestion, at least when first getting to grips. Taking the pressure off can be a good thing, but keep to lower stakes while doing it. Of course, the term fun should be better defined - i.e. don't necessarily look to make your living from it, and once you find it's going well then take it all more serious - if it isn't then at least it was just a hobby for small stakes (the staking is key to this point though).

[Crazyskier]

...look after the pennies, and the pounds take care of themselves.

(Scalable too!)

CS

[footysystems]

Dont eat Yellow snow and you will never make money trading

[SeaHorseRacing]

Dai Burchell said to me “ Every trainer in the game is trying to find an edge.
They best advantage you can have is to send your horses racing when fit.”

[ShaunWhite]

They best advantage you can have is to send your horses racing when fit.”

Rather than when they're not?

[Halliday]

Dai Burchell said to me “ Every trainer in the game is trying to find an edge.
They best advantage you can have is to send your horses racing when fit.”

Like Dai Burchell as a trainer , straight talking and can ready a horse. Met him a few times, remember him telling me about setting up with his redundancy money from steel works.
But would take that quote with a pinch of salt..It was only last April that he was fined £3,000 by the stewards at Ffos Las for “ schooling and conditioning a horse in public, not the first time he’s done this, over the years.

[Halliday]

They best advantage you can have is to send your horses racing when fit.”

Rather than when they're not?

He’s a bit of a “Scally “ is our Dai, and often runs his horses when clearly they are not race fit , as the stewards will testify , but he can get one ready , and is certainly more proficient then some trainers a lot younger and more high profile then him. Just never given the volume or class of horse to prove it , over a long career

[SeaHorseRacing]

Dai Burchell said to me “ Every trainer in the game is trying to find an edge.
They best advantage you can have is to send your horses racing when fit.”

Like Dai Burchell as a trainer , straight talking and can ready a horse. Met him a few times, remember him telling me about setting up with his redundancy money from steel works.
But would take that quote with a pinch of salt..It was only last April that he was fined £3,000 by the stewards at Ffos Las for “ schooling and conditioning a horse in public, not the first time he’s done this, over the years.

I have met a fair few trainers. He is the most straight talking no bullshit man you could ever meet. But a great guy.

He knows how to play the system for sure and he knows when he has a winner.
If he lived in Newmarket he would have been champion trainer that’s a certainty.

[Halliday]

Dai Burchell said to me “ Every trainer in the game is trying to find an edge.
They best advantage you can have is to send your horses racing when fit.”

Like Dai Burchell as a trainer , straight talking and can ready a horse. Met him a few times, remember him telling me about setting up with his redundancy money from steel works.
But would take that quote with a pinch of salt..It was only last April that he was fined £3,000 by the stewards at Ffos Las for “ schooling and conditioning a horse in public, not the first time he’s done this, over the years.

I have met a fair few trainers. He is the most straight talking no bullshit man you could ever meet. But a great guy.

He knows how to play the system for sure and he knows when he has a winner.
If he lived in Newmarket he would have been champion trainer that’s a certainty.

Yes top man .. think he did move briefly to train for John Pointon at Wetley in staffs but moved back to Gwent after a year or so .. Sue Wilton took over I think , and was quite successful in the late eighties early nineties, when the Pointon colours were often seen .

Not sure wherever he trained that he’d have had a huge string , training these days is often more about who you know( always has been I guess) and the PR side to attract owners etc, think Dai would be more Ginger McCain then Donald McCain ( as an example of different styles and how Donald went out of way to attract new owners etc) .
Or often being in the right place at the right time eg Charlie Appleby, I’m a big fan of Newmarket trainer John Berry who I’m sure is just as skilled as Appleby and seems very knowledgeable when I’ve seen him on the Sunday forum, and does well with moderate animals.Jim Boyle is another small trainer I like ( seems to be hitting form 3wins from last 4 runners , with only 4 horses engaged in next seven days , worth noting them )

[SeaHorseRacing]

Funnily Enough John Berry is my fav trainer!

[invisiblelayer]

Avoid BBS (Betfair Balance Syndrome) - People become completely obsessed day in day out. If you have done your research and have developed an edge, find a good staking plan and stick to your selections religiously. Cover your balance up and check after 300 selections or more. Also had plenty of advice to help with discipline but essentially you have to learn yourself or it keeps repeating, easy to blow up anything chasing. What helped me massively also was starting to record the bets, takes a few minutes each morning and just the basics plus starting prices betfair and industry, also I calculate the reciprocal of the odds of each bets which will shows value of bets over time. I used to get too wrapped up in the now rather than the big picture so blew banks easily

What also didn't help me was also obsessing over watching inplay prices, sometimes I'd pay more attention to the betting rather that watching so it took the enjoyment away and being logged into Betfair I found it easy to get into chase mode. It all become a different animal actually getting bets on mostly before racing had started and walking away, turning screens off, getting out going racing, gardening or whatever, leave it at that come what may with the outcomes. This used to take some doing as some of my bets I'd want matched inplay, especially if laying anything I'd know would go much shorter that its SP but in time it becomes a habit then I'd check at night or the next morning when studying for the next lot of racing on the timeform page.

[ShaunWhite]

sometimes I'd pay more attention to the betting rather that watching so it took the enjoyment away

This is a bit of a paradox with sports trading, its attracts sports lovers and then they spoil the pleasure of watching it by having money involved & high-speed spoiler alerts. It's a 'thing' because I know some people here don't trade what they want to sit back and really enjoy. Thankfully 95% of it is just an advertising vehicle or layed on my promotions companies, so it doesn't spoil that much.