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-   -   betfair (http://forums.ozmium.com.au/showthread.php?t=16379)

odericko 12th August 2007 12:04 AM

betfair
 
i like the betfair pro it allows me to bet 1 dollar bets so i can trial my attempts at trading..all i have to do now is lay off the shaz

odericko 12th August 2007 01:18 AM

and it allows a well cab shazed twit like my self to make a dollar or 2..astalavista tabonline

Chrome Prince 12th August 2007 02:27 AM

The best advice I can give you is this...

10 one tick trades are much better than one 10 tick trade, when actually trading.
There is less exposure to a bad result.
Sit there looking a five ticks, eight ticks, nine ticks profit, only to see the price plummet and you'll loose all confidence.

Be prepared to lose a tick and get it back later, a price seldom goes straight up or down, as long as you minimize risk, there's always later or the next race. Stick with a losing trade and it will bottom out on you.

When you're running out of time, don't keep trading, lock in your profit, that extra trade under pressure will always be the one that eats up all the profit for the race.

The voice of experience ;)


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