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How much has everyone won/lost gone again
How much has everyone won/lost gone again
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the answer to your question is yes, in my opinion, Contrarian
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You did set yourself up for that one Contrarian!!
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yes it was rather a chump post wasn't it Bobbin by the snobby one
 in response to your post Bobbin, i must then revert back to my stance that SCV is being rather vulgar on here then if what he is doing is a closed book unless one can figure it out themselves |
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Well in that case you must believe the whole thread is vulgar. It's there for people to discuss how much they've won or lost. If you don't like the concept, don't read the thread. But don't try and change it to a 'if you're a winner then teach us clueless mugs how to trade by talking us through everything you do and everything you've discovered through your own blood, sweat and tears' thread.
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Yeah, sorry for being a chump
 .Maybe Paul is right: http://www.investopedia.com/articles/trading/08/turtle-trading.asp#axzz1uNIhB4mX |
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when i first entered these fora i imagined it would be traditional betting and oh i backed this football team to win and this is how much i made.
hence my naivety/abrasiveness... |
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Some of those turtles are still going now! That system works pretty well when there's a strong trend. Doesn't handle choppy markets so well though.
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ok great link. so maybe we can all share best practice a bit more then rather than just posting "+9.5k", no?
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Well some people still do 'traditional betting'. My horse racing strategies are all fairly traditional in that sense. If bookies would take my money and give me the markets I want, I could use them instead of BF.
What you call 'traditional betting' still requires plenty of work and strategy, Paul. It's just that BF gives you a much wider range of things to explore. |
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bob.vegas 09 May 12 13:20
under 2.5 chiefly Ok and on roughly how many games did you trial this before (i assume) giving up? Did you consider trying out 3.5/4.5/5.5 to see how they went? Did you watch any of the games first before placing a bet or did you back pre KO? |
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Biscuit, I'm guessing you can't just pick out any old match and expect the strategy to work? Presumably you'd be looking at the defensive/attacking abilities of the two sides and choosing whether to play that match or not?
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Bob, would you let someone sit with you at your desk ask you what you do and take half your salary?
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Presumably you'd be looking at the defensive/attacking abilities of the two sides and choosing whether to play that match or not?
i don't think Investor and SCV do that so much Catflop - thread in GB when ya get chance. don't shy away now, as you accused me of doing... |
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...i don't believe it would take half your salary
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Bob, Richard Dennis did the Turtles thing as an experiment, to see if he could teach people how to trade. Some of the people were successful (one or two supposedly still are). However, having proven that he could do it, I believe RD decided it wasn't worth going on with. It was a lot of effort and a lot of time for him.
Basically, if you want somebody to teach you how to trade (and I don't think you're cut out for it, by the way), you've got to prove to them that it's in their interests to do so. That's even trickier on BF, where a lot of markets are fairly thin. The equities and futures markets are absolutely full of money, so you're not likely to be cutting your own throat by teaching somebody there how to trade. |
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Cooee 09 May 12 13:35
Biscuit, I'm guessing you can't just pick out any old match and expect the strategy to work? Presumably you'd be looking at the defensive/attacking abilities of the two sides and choosing whether to play that match or not? Well yes. For example i wouldn't be bothering to play unders in a Dutch league game |
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how do equities and futures markets compare to your average EPL game for "liquidity"?
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You not going to answer my questions then Bob?
Quick to fire them at everyone else yet when someone wants to discuss betting, you don't even bother to reply. |
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i don't think Investor and SCV do that so much
Well I'm asking Biscuit in order to find out what he thinks. I can't believe anyone makes that strategy pay by playing every single match from the off. Whether it's physically watching a match and gauging how it's going before deciding whether or not to make a bet (and when in the match to make that bet), or doing homework before the match starts, there's definitely got to be more to it than 'a random match is just starting, so I'll place a bet on Over 2.5'. |
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Biscuit if you remember you have yet not answered a question i have fired at you maybe 10-20 times.
what is Cat's golden nugget strategy? |
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no they prob just play the big games Bobbin
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Look at it this way Bob - and assuming by equities, we're talking about those with a big cap, like MSFT, INTC etc. If you're a Central Bank and you put some money into the market, the market may well notice and react - although it won't necessarily sustain any move unless there's a good reason for it to do so. If you're one of the larger hedge funds, you may possibly have some effect. Otherwise, you can throw a whole stack of money and it'll probably just disappear without leaving a trace. If you're a multi-millionaire investor, the chances are you can be investing as much money as you have available to you and the market will barely notice you.
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no they prob just play the big games Bobbin
For liquidity purposes, they might stick to the big games. However, I don't think they'd be playing every single big game from the off, just because the games are big games. You have to have a reason for thinking your bet is going to succeed. That's why you can't just play 'Overs 2.5' on any old game. You have to have a reason for thinking your bet is going to succeed in that particular game. That's what you don't seem to appreciate. The 'Bet the 2.5 market' is only a general framework. Within that general framework, there'll be plenty of reasons for why they might or might not place a bet in that market at any particular time. |
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That system works pretty well when there's a strong trend. Doesn't handle choppy markets so well though
Yeah, exactly right Cooee. Psychologically speaking, it's a very tough system to follow because it involves lots of smaller losing trades and a few very big winning ones. |
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Cooee - they might well play all the big televised games as you say for the liquidity but i'm sure their bets would vary depending on what they were seeing in front of them.
I think it was investor the other week who won a couple of grand backing the current score (4-0) in the Barca game as the game was petering out and not much was happening. I don't know if he was green on any other scorelines but either way he had obviously only bet on that in play going on what he was seeing in front of him. |
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Bob - do you mean the question i tried to answer on your PM yet couldn't because your latest username had been banned AGAIN and the question that Catflop has already answered.
The fact that i'm here trying to help you, get to the bottom of what you tried and didn't try and what did/didn't work for you, and you haven't even bothered to reply yet have gone off to another thread to have a chat with hudson about his job seekers allowance just goes to show what most of us here probably know already. You're not really here to learn at all, all you're here for is some kind of 'social' life. |
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Absolutely Contrarian. I could never succeed on a system like that. The constant small losses would bug the hell out of me, and once I was riding the crest of a trend, I'd be far too quick to take some profit and cut loose. It works for some people though. If you're extremely patient and prepared to miss out on many of the big winners, you can cut out a fair degree of the chop.
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True Biscuit. It is hard to believe that somebody could do this for a year, be intent on learning, but still have picked up so very little in all of that time. Even really thick people would have moved on a little - or grown tired of trying..
Last night I was trying out Bob to see if he could start delving into horse racing stats in a little more detail. I did have some interesting stats that I might have shared with him. However, he couldn't be bothered. And that really sums him up. He says he wants to learn, but he doesn't really. I actually have my doubts about whether he bets at all. |
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and you still not willing to say what the golden nugget cat reffered to is Biscuit?
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Cat's answered that one Bob. What on earth are you badgering Biscuit about it for???
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i bet everyday Bobbin. ok so horse racing form - it's based on the recent results of the horse surely?
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because he seemed to clued up on it. let's see if he is...
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I'm not going back to that one Bob. Last night I was in the mood to share some of my stats with you. (Probably because I'd been drinking!!) I'm not in that mood now though.
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because he seemed to clued up on it. let's see if he is...
Why are you needling him?? He's been patiently answering your questions about the Overs markets. And now you're trying to make him 'prove himself' again???? |
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it was 3am Bobbin. sleep beckoned
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You snooze you lose!
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Biscuit MIA now. quelle surprise
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It's not a case of being 'clued up' on it at all, i just knew what he was talking about and since then he's even told you what he was talking about.
So what more is there to say? Anyway i've wasted enough time on this thread today, and the last hour has proved beyond doubt that you're not willing to learn or "discuss betting" as you always say, you're just here for a chat to pass the time or to wind people up so much they bite at you and you can get them banned. Have a nice day. |
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I imagine he's probably off wondering why he's bothered trying to help you over the last hour. I certainly wouldn't take it to be a victory on your part...
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Richard Dennis formula for succes:
1) Discover exploitable patterns in the market and turn less than $2000 into $200 MILLION+ 2) Decide that this can be taught, and teach other how to do it (Turtle Traders) 3) As traders you taught set out on there own, patterns become less predictable: lose half your wealth. Perhaps a better approach would have been: 1) Discover exploitable patterns in the market and turn less than $2000 into $200 MILLION+ 2) Keep going... |