Betfair trading – Psychology – Finding great trading opportunities

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