200€ - 10000 € Challenge

200€ - 10000 € Challenge
Bank: 314,32€
A journey to master greyhound trading.

segunda-feira, 12 de dezembro de 2011

Trading session

Hello guys. I didnt trade last saturday because i had a project discussion for today and had to review some things.



Traded today with 5 € stakes because i didnt trade greyhounds for some time and we must start slowly always.
Made a lot of errors and was -3 € after some races. Made a break and comeback with more focus and with a different attitude.
My main error was entering too soon in trades in the race and get burned with people with more experience. So after that slow start i just entered when there was 2-3 minutes left and markets were balanced.
Im noticing some hedges but its not easy.
Im scalping favorites with some consistency but not doing very well on big odds horses.

My tip today is for money management
If you have some troubles with money management (greed) take all the money that you win daily out of betfair and start the next day always with the same money. The objective here is to avoid emotions and start a consistent routine. More money = more emotions.





good trades
r9

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