This is an in depth case study of a really poor Betfair trade I made this week. It was on the England vs India test cricket match. The execution of the trade was awful and I made multiple mistakes. Please use this video to learn from my mistakes, so that you don’t have to make the yourself!
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Hi Martin,
This video couldn't have come at a better time for me! I'm new to trading and yesterday I inexplicably ignored one of my main criteria when making one of my selections. Unsurprisingly, it cost me. Not very much but it was a lesson learned. So seeing that mistakes can also be made by professionals like yourself has made me feel a little less annoyed with myself. Brilliant video as always mate!
Most anoying loosing trade with considerable amount of money was accidently not having the numlock on and in stead of staking 5 you stake 500 . You learn verry fast to double check and take your time . when entering your bets.
The main thing for me was when you first start out , a significant loss , is disheartening but there is a moment when you realise you did every thing right and you can make up those losses quit quick , iam not a tennis trader i actualy cant stand the sport ( well players ) you can make some good money with in 2 to 3 minutes also means you can have losses with players that suddenly decide to give up a set . my biggest los with tennis 130 lost as the oponent forfited the game while ahead and on the serve . verry anoying . But you also realise that wih 2 or 3 other trades you can recover it all.
If you stick to the rules you set and dont throw all you bank at it.