In this video, you’ll learn how to minimise losses and maximise profits. We do this in a way that most people don’t.
Most systems and strategies you see have an arbitrary stop position. A position where you should cut out for a loss.
But my experience within the market has taught me not to necessarily cut a position if it starts to go against me.
Doing this allows me to take smaller losses than ‘normal’ while capturing the full extent of a decent profit.
This has a mercurial impact on my long-term expectancy, which ensures that not only do I win in many more sports betting markets than I lost on. But each win is bigger than my loss.
Follow these key tips, and you’ll be a more successful Betfair trader in no time!
Videos mentioned in this video: –
Understanding and influencing your trading expectancy: –
Two of the same trades, one a profit, one a loss: –
00:00 – Introduction
01:27 – Why you need to take a loss from time to time
03:40 – The problem with fixed stop losses
05:12 – How a market can work against you
08:02 – How I manage my losses
#betfairtrading #betting #profit
Vídeo Completo
Your diagram reminds me of jordon belforts straight line selling technique.
Also Peter, good to see you back with another quality video 👍.
Hi Peter do you think backing Rishi Sunak for next PM at 10/1 is good value?
Excellent advice. Thank you.
Absolute gold again in terms of advice and another killer shirt!
I got a mention, yay!! and you're welcome Peter! 🤣
If a stop loss is a bad idea maybe you could do a "stop win" strategy where you automatically trade out if it goes to positive!
Hi Peter, quick question about set amount of ticks for a stop loss. What if I am trying to nick one 'safe' tick from every market, by safe I mean I tend to put my orders in at the very end of a range where there is good support underneath for it not to break that range – take one tick from the market and move on. But I also use a stop loss at 2 ticks from the entry just in case that support is broken. Do you feel this is a good scenario of taking losses with a set amount of ticks – or should I maybe rethink where I take losses? Thanks
先生你好，我虽然看不懂，但是我觉得你很厉害。
Thus video saved my trading life thank you
Cheers Peter fantastic tip👍👍👍
Hi Peter. Great video. Can you tell us what's on your checklist please?
Hello Peter Firstly I want to thank you for the fantastic videos you produce. Considering the amount and the extent of the knowledge you impart, and all for free, I must say it is very generous of you. Much appreciated. Have to admit I am very green and just starting out. Have just subscribed for a month of BA to test the waters. If you ever get the time I would appreciate a video on how to keep a record of how much one loses or wins and strike rate etc. I'm sorry to say but I have never before had to undertake that endeavour. I have watched many of your videos and you often reiterate how important it is to keep records. I hope it's not too dumb a question to ask how to do this. I suppose one way would be just to export from Betfair on to excel. It's just how to go from there. It only has to be basic. Once again many thanks for your intelligent and enlightening videos. Kind regards
Very informative! Thank you! 👏👏👍👌