Betfair Trading One Line Lesson – Day 16 – % staking of bank
Betfair Trading lessons brought to you by Ryan Carruthers from Betfair Trading Community, in these times where people are working from home BTC thought it would be a good idea to jump onto the YouTube channel, talk through the many lessons we have learnt in a one a day format.
Today’s lessons is day 16, these are happening daily….
Today’s lesson is a really important one and its about what % of your bank you should use for your trades on betfair.
The general rulle of thumb is to use 2-5% per trade of your total bank, this is about the right level it will set you up for success in the long term and will allow you to be in the game of trading on the exchanges for a long time. Think how much you will learn if you did 50 trades at £2 than 4 trades at £25?
Let me know what you thought of the video and visit us at http://www.betfairtradingcommunity.com