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Should you use a stop loss? Take the emotion out of your trading with the one click stop loss. No need to mess around and set anything in advance. Just use the one click stop to automatically cut you out if you position moves…
I am not so sure myself about whether a stop loss is good for everyone. If you set it wrong then you are saying yes I want to lose some money. The market can swing in the wrong direction hit the stop loss then motor off in the right direction. The trick is to not put the stop loss so close to the price you are starting at and the second part of the trick is to let the profits run. So you want a small stop loss but not too close so that you lose too easily and a get out price high enough that you make more money on the times that you win. A good thing to watch out for is when the price rises and you can put in a stop loss that will cost you nothing. the price rises and you want to let it run but at the same time be protected if it then goes the other way. Nice when that happens. I would suggest a ratio of 3 to 10 so that when you lose you lose say 3 euro but when you win you have 10 Euro. That should work well. Many use a strategy like that when working with Forex. What do you think? What has worked well for you? I have not mentioned Market Feeder Pro for a while but it is well worth a look.I have found this to be interesting for trading and the best of it is that you can basically make your own betting bot. You use sort of modules to create a programmed bot that will do your bidding. Without a doubt it is well worth looking at because as I have said before the software you use will depend on what you want to do, how much money you have to buy the software and whether you want to pay a monthly cost for your software. Check out the free trial of it today…. MarketFeeder Pro – revolutional trading software for BetFair MarketFeeder Pro is the tool for implementing your betting ideas. It is the way you can give the software your own commands, instead of following the same betting system over and over again. It is your own broker, which always bets according to your instructions. With the automated betting tools you can design your own strategy as a series of bets, which will be placed only when certain conditions are met. It is the way to say: I want to bet only in this and that market, only on specific selection, and only when they meet my criteria. What makes MarketFeeder Pro unique software?
MarketFeeder Pro – revolutional trading software for BetFair I have tried to do some trading on the horse races in the 10 minutes before the off and I have to say it is very difficult to pick the moment to enter the market. In this video from Bet Angel he enters the market at just the right time to be able to put in a stop loss and have no risk at all with the trade. There can be times when you pick your entry point and the market goes the other way. Like he says though is that you have to cut your losses and let your winning trades run. The question is how many of these winning trades you have and how much you win on average in relation to how often you lose and how much you lose. If you have time to practice and can be disciplined to work it right then this is a proper winning strategy. Please note that it is not gambling but trading. Calculated risk and knowing when to get in and get out. I would like to do more of this trading but as you know I have spent more time working with the under 2.5 goals market, which has been good for me. Have a look at the video and if you think you want to try it out for yourself then get the trial version of Bet Angel. I suggest smaller sums to get you started and keeping good records so that you can see where you make good or bad decisions. Never leave it too long and have a bet on the race. Remember that you are a trader and not a gambler. Gambling is a mugs game. I would say that if you are sure about doing this then you should do the course that Peter Webb runs from time to time and learn how to work it properly. Bet Angel Course.
Learn how to trade Learn from the professionals how to profit from betting exchanges by attending an exciting new one day workshop. You will learn the secrets of how to profit on betting exchanges from leading exchange users. Our accredited coaches, all professional traders themselves, will demonstrate specialised, easy to use strategies and tactics tailored specifically for use on the exchanges. What is BetAngel Bet Angel was the first serious application for betting exchanges and its arrival in the market heralded a new age of functionality and activity. Regular appearances in the national press and at exhibitions has shown why Bet Angel continues to have the best reputation around and why the biggest traders in the world make Bet Angel their product of choice. By trading live at several events we have not only been able to demonstrate the concept of trading on betting exchanges; but also demonstrated why Bet Angel is such an impressive and proven platform. Created by leading exchange users, developed and supported in house, Bet Angel stands out as the only truly proven professional solution and it enables you to gain and keep that critical edge in this competitive market. I have used Bet Angel and for the Professional trader with a decent sized betting bank there is none better.
Lots of football games to work with and use the under 2.5 goals strategy. Here is a video from the guys at BetAngel. It shows how things could work in a game with Soccer Mystic. If you are looking for specialist software for trading on the unders then Soccer Mystic is it. BetAngel is the all round betting software and SM comes free with it when you subscribe to BetAngel. In the video it shows how working the unders is a good idea because you can still get out of a trade if a goal goes in earlier than you would like. I still like the idea of getting out by 15 mins into the game. The thing the video shows is that you can still trade out without loss and gives you an idea of how many minutes you are likely to have to wait.
Powered by Twitter Tools. BetAngel is an amazing program and gets even more amazing when you link it up to Excel the spreadsheet. Here is a video from Betangel showing how to get started using this extra functionality.
![]() Free money from Bwin Bwin gave me €8 – I put 18 on Ipswitch to win & laid it off at Betdaq. Tomorrow I will be €6.15 better off whatever happens in the match. They did offer me 10 Euro for free for my birthday but I didn’t get around to doing it. Then last week they gave me 3 Euro and not deposit necessary. I left it alone and then today there was an offer of 5 Euro with a deposit of ten Euro. So there I was with a balance of 18 Euro, 10 Euro of it my money. I went to the odds matcher on Bet72 and looked for the right match to use it on. I didn’t use the calculator as I prefer to work it out on my computer with the Spreadsheet I have. That way it was easier to put in the 18 Euro on the back bet and the €16.48 on the lay bet. |
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