I always say to trainee Betfair traders that the key to getting Betfair trading to pay you like a business you must first treat it like one. In this video I will teach you the techniques professional Betfair traders use to turn Betfair into their own personal Business and help you to make an income from Betfair trading.
These five steps can be practised by any trader of any ability, so sit back and enjoy this must see tutorial!
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Do you treat Betfair Trading as seriously as you would your own business?
Business cmon
Cheers
That background music is intensely irritating! The advice is good but let me concentrate on that rather than trying to constantly tune out the muzak.
Business
It's interesting to hear you say don't trade in your bedroom. The mind is a funny thing isn't it? There's lots of subtle things we do that can change our behaviour. I remember John Terry saying in an interview once that he trains in boots will moulded studs but in matches he wears metal one. Maybe you should add 'don't trade in your pyjamas' as an additional rule. Business 👍
Well if its a business why not have sports brokers. Like banks doe , you pay in to a collective share let a broker handle the trades and you get your proffit and the broker gets his commision .
Lets have a hypothetical sports broker . Lets say Martin or Ryan . One trades tennis and football the other cricket and races ,. Now i pick one of the sports pay for example 200 , and at the end of the month you get a return on the 200 you invested minus commision etc. Your bank doesnt grow but you do get your returns .
Or use a growth model where profits are reinvested , and payed out annually . well you get the idea , similar to how finances work .
But i think some people wouldnt like that to much .as they would lose quite a bit of money .
Really good video Martin, but I bet most people won't take your advice. They will be the ones who say it doesn't work, while the wiser people will take heed and take their money!