Betfair trading – The secret to getting the right mindset for profitable trading in any market
When you are trying to trade, whether it be Betfair trading or financial market trading your mind can play some real tricks on you.
Matched betting is simple, you have one bet another and hey presto a profit. Using betting tips is also simple, you place a bet it wins or it loses. When trading on Betfair it’s a lot harder. You have an uncertain profit and uncertain losses, but also you have cope with how those play on your mind. Psychology is so important.
I’ve seen many people deploying a profitable Betfair trading strategy, unprofitable. Even low-risk Betfair trading strategies can be unwound by the wrong application on a betting exchange.
Curiously, whether you trade manually or automatically using Bet Angel your mind still cause you problems.
I had to learn the hard way and have faith in something I was doing even if it wasn’t working, but it can be really hard to do. For the reasons I review in this video.