Betfair Trading since June 2000!
How many times have you had an open trade only for an unforeseen incident out of your control too suddenly occur resulting in you not being able to close your position and possibly leaving you staring at a hefty loss – especially if it’s an open lay position.
If this is something that your fortunate not to have experienced yet then it’s worth reading on if you want to keep it that way, for those unfortunate to have already been …
While browsing various papers I recently came across an academic report publish in Nature, entitled the unfriendly – ‘Interoceptive Ability Predicts Survival on a London Trading Floor’.
Basically speaking, researchers show that ‘gut feeling’ does indeed contribute to successful trades. You can read the full report here: –
http://www.nature.com/articles/srep3298
If you don’t want to wade through this, here are the key elements: –
First off, Physiologists often use the term ‘gut feeling’ as a colloquial synonym for any interoceptive sensation …
Well that was interesting.
It was clear for some time that this was going to be a huge market. Interestingly enough, the same guy I know that foresaw the financial crisis, also saw this development. I’m now his devout follower forever and would jump off a bridge if he told me it was appropriate 🙂
Previous markets
I started looking at this particular market back in 2004. Clinton was a democratic nominee back then as well and I’ve revisited each …
So if this is your first years trading then the last few weeks may have been a bit of a shock for you following the hectic summer period.
You go from being spoilt for choice over which markets to trade just a few weeks ago, to suddenly having very few markets to look at. The ones which are available will have a very different feel to what you have become accustomed to – however this is perfectly normal for this …
In my quest for unreachable perfection, I’ve spent a lot of time trying to understand how people think. There are several reasons for doing this.
The first is to make better decisions myself, sometimes people make decisions or say things that just don’t make any sense. You often also get stuck making a decision which you can’t seem to resolve.
Having thoroughly explored the markets, what to do, when and how (so far) in my career I’ve switched my main …
In my quest for unreachable perfection, I’ve spent a lot of time trying to understand how people think. There are several reasons for doing this.
The first is to make better decisions myself, sometimes people make decisions or say things that just don’t make any sense. You often also get stuck making a decision which you can’t seem to resolve.
Having thoroughly explored the markets, what to do, when and how (so far) in my career I’ve switched my main …
Isn’t the Derby in June? Yes and no….
If you are in Australia, early tomorrow morning (UK Time) is Derby Day at Flemington in Victoria. This kicks off the Melbourne Cup carnival and a week of top class Australian action. On Tuesday we have the race that stops a nation, the Melbourne Cup then more top quality days on Thursday and the following Saturday. It’s a busy period full stop on the horse racing front, as we also have the …
Sport is generally about two different players or team competing with each other. It’s unlikely they will be equally matched in every respect, though not impossible. But typically a differential exists between the two. However, luck can be a key component in a sport as well.
Luck in football
The number of goals in football is low, an average of 2.60 goals a game. Watch this video to learn more about that.Over the course
Over the course of a …
Luck or skill?
On Monday I hosted a learn to trade course with the intention of giving people a decent start in their sports trading journey.
Distractions
People are always keen to see you do something when you’re hosting a course. The course wasn’t set-up as a full-blooded trading session. But I was happy to oblige, as there is no better way of understanding the concept if you see it in action.
Of course, you can’t guarantee that you get …
Here is something that will help you understand the way people act and what you can’t do about it! But how you can benefit from it.
I made a comment on Twitter a little while ago saying something along the lines of “if I ever think going to lose my edge all I need to do is look at social media and I know that’s not going to happen”
Entrenched views
What I was commenting on was the proliferation of …