Tag: risk
Good days, bad days and risk management
I have good and bad trades, good and bad days but generally I don’t have bad weeks and, in fact, as time progresses my chance of a loss decreases. Why, because of the way I manage risk.
Approach to risk
The way I approach risk is pretty much the same on a trade by trade basis or on a day by day basis. One major advantage you have in sports markets, is the large number of events taking place, so …
Gambling millions
Give me five minutes with somebody and I can teach you how to put through enormous sums through a market at relatively little risk, you wont make or lose much, but you will be able to say that you gambled millions that day, an impressive feat; or is it?
I have often been misquoted, especially when it comes to numbers. But one thing that is fairly certain in the modern betting age, is that racking up bets in the millions …
Outrageous risk – Part Two
To recap. Last Thursday we backed the favourite at a fixed time of the day and let our losses run without re-dress. Basically it was dumb, reckless swing trading with complete abandon. By doing this we were opening ourselves to potential losses that could be massive. Only at post time did we bother to close our position. Other than that, we let risk run to its fullest extent.
My question to you, is did we: –
(a) Make a bunch …
Outrageous risk – Part One
This is how many would describe the following strategy I am about to outline.
The strategy takes on the maximum risk possible in a market, here it is :-
Go into the market at 1pm and back every favourite with a £1 tick size….. that’s it! Ok, you will have to close your position before the off, but that’s about it from a strategy viewpoint. No offsetting your order or closing out one tick away from your entry price. By …
Connect
Connect with us on the following social media platforms.