Betfair trading – Psychology – Finding great trading opportunities
Peter Webb, Bet Angel – Key Tennis trading tips
Slightly bullish statement to start the video!
Finding great opportunities in the market can be achieved a number of ways. While a structural change could spell disaster for a particular edge. The longer I’m in the markets the more I realise an edge isn’t just an equation, an algorithm, a strategy or tactic. It’s as much a state of mind.
It took me some time to realise this. I started doing in naturally when I broke away from the corporate world and my desire to improve my understanding of psychology gave me deeper insight.
I realise now that in fact just thinking differently from others provides an additive edge to your activity. You can quantify this in the market by the way people behave, but I think there are elements that are not so easy to see, but equally describe persistence in an edge.
Bit of a ramble, but hopefully an interesting one for you.
Keep looking for opportunities and you will keep finding them. A lot of people never bother or prefer to pretend they don’t exist.
Peter Webb – Bet Angel – Betfair trading