Betfair trading | This is how to see losses as part of your strategy
Make Betfair Football Trading Easier – Simple Odds Viewing Life Hack – Betfair Basics
I’ll often post individual Betfair trading results or longer P&Ls to show you two things.
The former, that I’m still here actively trading and have skin in the game and the latter to show you what a professional Betfair trader’s P&L looks like.
I’m not afraid to admit that I have quite a few losses and to be completely honest, so should you!
Losses are part of a trading plan, not something to be avoided at all costs. You should learn to embrace them and have them as part of your trading plan.
When you do that, you find it easier to take a loss and quickly move on to the next trade. If you fail to come to terms with losses in your Betfair trading strategy, then you end up becoming guided by them.
This is either in terms of influencing your current trade position or failing to accept a loss. Or trying to win back your losses on your next trade.
Both of these things are big problems to successfully achieving long term profitability. So you need to come to terms with losses and what role they play in your overall strategy.
Videos mentioned in this video: –
How to take a profit and a loss: –
Get Rich Slowly: –
Profitable long term trading: –
How I successfully minimise my losses: –
#betfairtrading #betangel #peterwebb