The final Countdown

[dvwooly]

did PC give up in the end?

[Morgans Choice]

Well done K

[KOTBIIAJIbTO]

I meant using 1.5 USD hedged tick profit ofc, not 1.5 dollar stakes

[KOTBIIAJIbTO]

Was trading today on the main market and earned 22 bucks quite easily using Stop loss, Stop entry and 1.5 dollar stakes. Dunno whether I did it because it's Sunday and the markets were relatively calm or maybe I'm starting to learn the ropes. I already had such a nice day a year ago, but unfortunately failed to reproduce that technique next day.

[KOTBIIAJIbTO]

At least you know that strategy is poor. PC still cannot really confirm what can work or can't work as he hasn't collected enough data.

I would prefer not to know it tbh

[shadowninja]

Me personally have been sticking to one betting/botting strategy for the whole year, but the results are still rather poor.

At least you know that strategy is poor. PC still cannot really confirm what can work or can't work as he hasn't collected enough data.

[KOTBIIAJIbTO]

Me personally have been sticking to one betting/botting strategy for the whole year, but the results are still rather poor.

[doubleback]

1/4 is right, all I have seen from you, PC, is a flitteration between different sports and strategies.

Stick to one sport, one strategy and see it through, for feck sake!

Tough love, but your trading/betting shortcomings are patently clear from an outsider's viewpoint.

I have thought the above for a while, PC, but am now jumping on the bandwagon!

[KOTBIIAJIbTO]

I can't say that learning the trading technique is easy, I can still do shit on the main market at least. Trading on the place market is easier, but the liquidity level is very low.

[shadowninja]

Cheaper to have someone on a forum be harsh to you than the markets be harsh to you!

Snag is, like many things, until you experience what everyone else is warning you about, you think it's BS.

[1/4 of a millionaire fund]

a bit harsh that!!

maybe he is just rying to find a style to suit him. i have a problem sitting waiting once i am in the market so i use 1 or 2 tick offset.

I always find it's best to be blunt when there's money involved rather than giving someone a consoling pat on the back/chin up type post.

Fancy looking setups aren't going to win anyone money and switching strategies every other race aren't either. If what you do isn't working you spend time finding out why, not moving to the next fad. You'll soon start to see regular patterns occurring and learn more about how markets behave if you put that time in when things aren't going the way you want rather than when they are going your way.

[dvwooly]

Correct, I have about 15 different setups stored, but it all I know is that a move usually happens after a mini period of inactivity, back it or lay it , take your choice, but if you are wrong, get out, and fast.

you can see all that on a chart that i have

i can't attach photos to the PM so if you PM me i'll send you my email address and i can explain how the charts work. I hope it will help you out and be able to have the probabilities on your side when you enter a trade.

nothing is 100% but if it is 56% in your favour you should win after commission

[PC0845]

i just got involced in that last dundalk one at 3.6 and it went down to 3.0 ... if i has waited i would have won a decent whack but i just 1 tick offset all the way down the trend ... just the same as sitting and waiting but it suits me better

Ha ha, I just got involved in last in Dundalk, laid the fav @ 4.0, didn't move and I got a bad feeling so I scratched, 2 minutes later he is 5.3, that kinda sums it up.

[PC0845]

That's the spirit , chop and change as often as possible. A couple of hours ago you were saying you understood the mechanics just needed to start acting like a trader

Correct, I have about 15 different setups stored, but it doesn't mean I use em all, as with all charts they tell you what has happened, not what will happen.

Prices move, and the more I watch it, the more I think it is pretty useless to predict the direction, all I know is that a move usually happens after a mini period of inactivity, back it or lay it , take your choice, but if you are wrong, get out, and fast.

Regarding harshness, he is correct, if I am not willing to take others opinions on board, I shouldn't go on a forum and ask for them.
Fie away 25%, that's why we are here.

[dvwooly]

a bit harsh that!!

maybe he is just rying to find a style to suit him. i have a problem sitting waiting once i am in the market so i use 1 or 2 tick offset.

i just got involced in that last dundalk one at 3.6 and it went down to 3.0 ... if i has waited i would have won a decent whack but i just 1 tick offset all the way down the trend ... just the same as sitting and waiting but it suits me better