% of bankroll

Slamdunk · 14th October 2009, 09:58 AM

Hi,
I normally use a maximum of 5% of my bankroll for pre-race trading. Now I am starting to think maybe I am being to careful??

Would love to here how big size of Your roll You use for this trading...

Slamdunk

bazbaz · 14th October 2009, 10:19 AM

You should use as much as you can get matched SAFELY, depending on market conditions and avoiding stakes that are so big that they make you nervous. Typically I'll need pretty much my whole bank to make some trades, though you'll need a back up in case some catastrophy occurs

Temujin · 14th October 2009, 01:06 PM

When I was purely trading, I had 4 back up banks, just in case something went wrong, like BF going down, electricity, computer meltdown etc.... So I would say 20% would be about right.
But then it depends on your bank. Has to keep in line with the markets. No point bringing a bank of 100k along and using 20% of it to trade. Use what you feel comfortable entering the market with, that the market can handle. Make sure you have minimum 1 spare bank just in case.

Cran · 14th October 2009, 01:52 PM

I tend to use quite a low % of my bank simply because my scratch/exit strategy often involves placing additional bets.

e.g. if I lay and the market moves through me I'll put in another lay further down and then place a back 1/2 way between them if it looks like continuing down or wait for it to come back up if it doesn't.

If I was using my full bank on the first liability I wouldn't be able to do that.

If all you ever do is start with a back bet and then close it you can stake with 100% of your bank.

But if for example you wanted to lay at odds of up to 10 and also be able to put an additional lay then you can only stake 5% of your bank.

Timstertoo · 14th October 2009, 02:07 PM

I like having plenty of money left and be able to lose a complete stake without breaking a sweat.

So in horse racing I went up to 10% in markets I felt comfortable in and used no more then 5% when I was expecting to pay some learning money now and again.

Main thing is that you need to be comfortable AND able to sustain a bit of Murphy's law without having to retire due to no more funds left.

14th October 2009, 09:58 AM	#1
Slamdunk Virgin Join Date: Oct 2009 Location: Sweden Posts: 2 Thanks: 1 Thanked 0 Times in 0 Posts	% of bankroll Hi, I normally use a maximum of 5% of my bankroll for pre-race trading. Now I am starting to think maybe I am being to careful?? Would love to here how big size of Your roll You use for this trading... Slamdunk

14th October 2009, 02:07 PM	#5
Timstertoo Director of European Operations Join Date: Aug 2009 Location: Amsterdam Posts: 630 Thanks: 266 Thanked 202 Times in 129 Posts	I like having plenty of money left and be able to lose a complete stake without breaking a sweat. So in horse racing I went up to 10% in markets I felt comfortable in and used no more then 5% when I was expecting to pay some learning money now and again. Main thing is that you need to be comfortable AND able to sustain a bit of Murphy's law without having to retire due to no more funds left. __________________ If it wasn't for physics and law enforcement I'd be unstoppable!

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14th October 2009, 10:19 AM	#2
bazbaz TraderTrader Join Date: Sep 2009 Posts: 1,167 Thanks: 540 Thanked 1,161 Times in 462 Posts	You should use as much as you can get matched SAFELY, depending on market conditions and avoiding stakes that are so big that they make you nervous. Typically I'll need pretty much my whole bank to make some trades, though you'll need a back up in case some catastrophy occurs

14th October 2009, 01:06 PM	#3
Temujin Australian Cultural Attaché Join Date: Sep 2009 Posts: 1,530 Thanks: 493 Thanked 1,014 Times in 494 Posts	When I was purely trading, I had 4 back up banks, just in case something went wrong, like BF going down, electricity, computer meltdown etc.... So I would say 20% would be about right. But then it depends on your bank. Has to keep in line with the markets. No point bringing a bank of 100k along and using 20% of it to trade. Use what you feel comfortable entering the market with, that the market can handle. Make sure you have minimum 1 spare bank just in case.

14th October 2009, 01:52 PM	#4
Cran Director of Public Records Join Date: Oct 2009 Location: Basel, CH Posts: 2,903 Thanks: 6,910 Thanked 3,060 Times in 1,262 Posts	I tend to use quite a low % of my bank simply because my scratch/exit strategy often involves placing additional bets. e.g. if I lay and the market moves through me I'll put in another lay further down and then place a back 1/2 way between them if it looks like continuing down or wait for it to come back up if it doesn't. If I was using my full bank on the first liability I wouldn't be able to do that. If all you ever do is start with a back bet and then close it you can stake with 100% of your bank. But if for example you wanted to lay at odds of up to 10 and also be able to put an additional lay then you can only stake 5% of your bank.