Buzzing

10/07/2009 | By More

After many years in the market it’s not often I get to feel great about a day but that’s how I feel after today’s session. I was in dialogue with a Bet Angel user at the start of the session and got off to a dodgy start. He reminded me that it would end up ok and that’s exactly what happened.

I was enjoying it so much I just blitzed through the card, including the Irish races, and managed to trade 47 markets on the day. I ended up with only two losers, one of them outside of my control. It was a very satisfying day!

This run and turn of events reminded me of something that somebody recently asked me. They asked if they should stop at a pre-set profit or loss for the day. I can’t imagine why you would do this? If you stop at a loss you will miss potential profitability later on, and limiting your profit is never a road to riches. I can’t imagine why anybody would adopt this sort of strategy.

At the end of the day it’s a numbers game and to make it work and tip things in your favour, you need to keep working those numbers. No amount of limiting losses or profits will help that, it’s what you do on each individual moment that matters.

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Category: Using Bet Angel

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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