Trading Betfair using BinarySoft BDI

I tried trading on a horse today and it didn’t work out for me at all. I lost €0.44, so not a big problem as I was able to trade out.

I have also been trading on Basketball and I was doing really well with it, until I decided to get greedy and try one more bit of a trade. I was looking at €3.70 profit whatever the score and in the end I was left with a loss of €0.64. I don’t mind too much because it helps the learning experience with using BinarySoft BDI. Still happy to be using it.

At the moment I have a position on a Polish game Jagieglinia vs Korona with a profit of €4.04 sitting there waiting for me. I might do some more trading after the half time break or I might learn my lesson about a bird in the hand being worth more than 2 in the bush.

There is another game on late between AC Milan and Celtic I will probably trade on. In that I will be looking for a tick or maybe two and I will watch to see what the weight of money is doing. I don’t want another session like with the Manchester United game yesterday.

Update

At the end of the day I am down by €18.30 due to choosing the Shaktar vs Benfica game instead of the Milan vs Celtic. I lost 24.40 on the Shaktar game but I went to the Milan game to win €2.77 to compensate a little. I had €4.44 off the Polish game earlier after the Betfair commission fees.

Day Three

On day three I should have €103.03 in the betting bank. Good job I was a few days ahead of myself yesterday to be able to have stats that don’t look too bad today. The problem occurred because I got cocky with it and greedy. I was in the green or had the opportunity to be in the green on the Shaktar game but I let it run too long and there was an early goal. I tried to bring it back to small loss or nearly profit and just didn’t do a good enough job of it before the next goal came. I did trade out of it to a certain extent. But I could have had a profit on that one.

I could have ended the day easily 4 or 5 % in profit but didn’t because I wanted to trade some more. In the end I learned another lesson. At least I didn’t start to chase the losses, that would have been madness.

Tomorrow is another day…..

I will be trying to get back on target tomorrow I should finish with a bank of €104.06. I feel confident to be able to manage that anyway. Just get BinarySoft BDI busy working for me and not get too cocky with my trading.