Forums
There is currently 1 person viewing this thread.
These 391 comments are related to the topic:
Scalping/Trading Time Decay Markets - 10% Profit Per Day

Post your reply

Text Format: Table: Smilies:
Forum does not support HTML
Insert Photo
Cancel
Page 3 of 10  •  Previous | 1 | 2 | 3 | 4 | 5 | 6 | ... | 10 | Next
sort by:
Show
per page
Replies: 391
By:
dimebar8
When: 03 Nov 15 00:44
If you can check the prices at the times i gave then you will see they are correct
By:
dimebar8
When: 03 Nov 15 00:45
Ask betfair for a copy or something if you wish :P
By:
wisewords
When: 03 Nov 15 00:45
yes the prices are correct, so what? Gael Monfils was 1.01 to lay today and he lost. if I told you I layed him for 100k, would you believe me?
By:
Darlo Bantam
When: 03 Nov 15 00:46
I'm not denying the prices. But finding a couple of winning matches isn't the way your strategy makes money. It's reacting to what happens when it goes wrong.
By:
wisewords
When: 03 Nov 15 00:46
and this isn't even taking into account what you do when Betfair goes down..
By:
dimebar8
When: 03 Nov 15 00:47
Yes well I've been doing this and i have had a goal scored against me and I've usually felt safe enough to wait the 10 minutes and scratch it for 0 loss or i'll take around 5 to 10% loss it's not a problem to take losses
By:
Darlo Bantam
When: 03 Nov 15 00:47
Oh. And good luck scalping now since all the markets seem to have gone down. Another (needless) hurdle you'll have to overcome!
By:
TheBetfairBuddy
When: 03 Nov 15 00:48
Ok, so now we know a few peoples views.
Will have to see how this pans out.
By:
dimebar8
When: 03 Nov 15 00:56

Nov 3, 2015 -- 12:45AM, wisewords wrote:


yes the prices are correct, so what? Gael Monfils was 1.01 to lay today and he lost. if I told you I layed him for 100k, would you believe me?


You know even though that is what I did it actually doesn't even matter if I didn't... it was the example of what's coming and the concept so I'll happily scratch all of them and start £100 because it really doesn't matter and you are just trying to pick a fight that you will actually lose because you get the concept but you aren't taking in the most important part is that it's the calculated risk that you can get in and out of a certain market at a certain time to steal a certain amount of ticks that makes it worth taking and I don't suggest 10 tick trades it was the example to keep it short and simple.

By:
wisewords
When: 03 Nov 15 00:58
if this was such an easy strategy to implement, we'd all be doing it, creaming 10%+ a day and all be retired to the Bahamas by now
By:
wisewords
When: 03 Nov 15 00:58
good luck with your calculated risks.
By:
dimebar8
When: 03 Nov 15 00:59
it's not easy who said it was easy? it's time consuming and focus and yeah i have spent all day every day the last 2 weeks glued to my screen monitoring horse ladders scalping them and taking the occasional unders scalp or laying draw waiting for 1 goal etc it's not easy at all.
By:
dimebar8
When: 03 Nov 15 01:05
I know it's hard to swallow but you really need to think micro small and break it down into single 1 tick trades... if you can't find times in the markets where you can safely steal 1 tick then this just isn't for you.
By:
lurka
When: 03 Nov 15 01:06
in fairness OP waiting in the market for 13 minutes or even 1 minute is not scalping. scalping is about being in and out at lightning speed
By:
dimebar8
When: 03 Nov 15 01:07
scalping is taking a tick or two...
By:
dimebar8
When: 03 Nov 15 01:08
and yes can we stop with the captain obvious posts please, nobody reads the opening post do they lol
By:
dimebar8
When: 03 Nov 15 01:08
you see it says scalping/trading... TRADING. not just scalping.
By:
dimebar8
When: 03 Nov 15 01:14
You know I understand people want to point out flaws in things and I never said this is risk free if you read all the comments this has already been discussed... there is risk in everything you have to take risk to get rewarded but this is limiting that risk as best you can and being in and out fast and like I keep saying the 10 ticks would really be 1 to 3 ticks in and out but this has already been discussed too.
By:
dimebar8
When: 03 Nov 15 01:22
The best way to drum this into anyone is to seriously tell you now to just go make 10 one single tick trades each day even if you just stake £10 and make 1p per trade... just see if you can make 10 one tick trades in the day and see how you feel after.
By:
dimebar8
When: 03 Nov 15 01:25
you'd actually make 9p per trade so you'd make 90 pence if you made ten 1 tick trades in the day which is almost 9% of your £10 bank so is it really that impossible to make 10% of your bank when you realise you can make 10 one tick trades? or 5 two tick trades?
By:
dimebar8
When: 03 Nov 15 01:26
almost 10% * i'm tired... night night lol
By:
Darlo Bantam
When: 03 Nov 15 01:28
9p per trade for 10 trades to get 10% on one single day is one thing. Do it, day after day, especially when your bank builds. Then come back with 10% per day.
By:
themover
When: 03 Nov 15 01:28
night dime
By:
dimebar8
When: 03 Nov 15 01:31
Darlo the reality is you will be finding that even if you are going for 1 tick the markets will move faster than 1 tick anyway and you'll get 2 or 3 and that's just randomly without you actually going for 2 ticks instead which takes just seconds on certain markets at certain times etc

Stop taking the figures so literally because there will be opportunities for bigger than 1 tick trades that are safe enough to warrant going for them

goodnight
By:
Darlo Bantam
When: 03 Nov 15 01:32
I'm not taking the figures literally. I'm pointing out that 10% per day every day is way unachievable.
By:
dimebar8
When: 03 Nov 15 01:33
it isn't though it really isn';t unacheivable, yes there will be days that you won't hit but there will be more that you do.
By:
dimebar8
When: 03 Nov 15 01:34
If you don't believe it then you won't make money will you... there are people making 10% per day regularly, not everyday but regularly.
By:
Darlo Bantam
When: 03 Nov 15 01:35
No there aren't.
By:
dimebar8
When: 03 Nov 15 01:37
You realise there are people that have a set amount in the account and it's not a case of growing it and keeping it in and getting 10% of that new figure each day, they have the set amount to use and they make 10% or more regularly of that figure and then it's withdrawn into their bank account
By:
Darlo Bantam
When: 03 Nov 15 01:41
10% per day doubles your bank in 9 days. It multiplies it by 100 in 50 days. Impossible.

Even withdrawing every day it doubles your bank in 11 days. Increases it 10-fold in 100 days. More achievable but you will simply not continue that run.

Well done if you've achieved this so far - in what appears to be two weeks - but I promise you that you've got a lot more to learn yet.
By:
dimebar8
When: 03 Nov 15 01:42
how can it double your bank when you are withdrawing it to your real bank account? You don't keep extra in, you keep the amount you are safely able to move in and out of the market in your account, the rest goes to the bank.
By:
dimebar8
When: 03 Nov 15 01:44
And again I said it's not everyday, I feel these arguments are pointless because you are implying I've said this is like risk free, going to get 10% everyday, etc etc and I haven't said that.

However, just technically and logically speaking it is possible so you need to think about what you are saying because technically you are wrong.
By:
dimebar8
When: 03 Nov 15 01:46
When you realise it's possible then why not try it for yourself? Are you afraid or what? I don't get why people have all these opinions yet probably never researched into it or tried it and seen the results or they were just bad at it and failed so decided it didn't work and it's not possible.

There are supposedly 1.9% in profit so what do you think they are doing?

Yes some might have an edge on the markets but it doesn't mean you can't get your 1 or 2 ticks either.
By:
TheBetfairBuddy
When: 03 Nov 15 02:25
dimebar8  • November 3, 2015 1:46 AM GMT 
There are supposedly 1.9% in profit so what do you think they are doing?

Its hard to understand that there are people making money, so when you post something like this the trolls come flying in. Mixing your words, accusing you and not reading your OP. Happens to me all the time.

I was baited for weeks on here, then made $15.7k last week and not a word since.
http://postimg.org/image/sm51a6deh/
By:
mega88
When: 03 Nov 15 10:52
Dime why have you started this Fred ? To show what exactly? Because to be honest it will be more exciting to follow an o0.5 goal challenge?
By:
CJ70
When: 03 Nov 15 11:33
I'd caution the reliance on r-ball for this technique, dimebar8. The discrepancies of what is actually happening on the pitch and what is reflected on r-ball can be very different. Get a decent source for live pictures, time the delay you have between the pictures and the market and then you're pretty much set with this.

I used to do something similar on games that I had pictures on where I knew the bots running the markets were following algorithms. It doesn't work that well now because of the lack of liquidity in obscure markets, but often you could make quite a few trades on the back of subs/injuries etc. Another reason why this is no longer that profitable is that API tends to hang for 5-6 seconds at a time now, so getting in and out of the market can be problematic.
By:
CJ70
When: 03 Nov 15 11:35

Nov 3, 2015 -- 2:25AM, TheBetfairBuddy wrote:


dimebar8  • November 3, 2015 1:46 AM GMT  There are supposedly 1.9% in profit so what do you think they are doing?Its hard to understand that there are people making money, so when you post something like this the trolls come flying in. Mixing your words, accusing you and not reading your OP. Happens to me all the time.I was baited for weeks on here, then made $15.7k last week and not a word since.http://postimg.org/image/sm51a6deh/


Not a word since?

Haven't you noticed that everyone is still laughing at you?

By:
dlarssonf
When: 03 Nov 15 11:43
Dimebar best of luck with what your betting /gambling.  A couple of things though , if you don't want anyone questioning you or debating with you don't put it up on a public forum.

Also you are going on as if you have suddenly had an eureka moment when you are doing nothing new.  Also if you don't believe that price doesn't matter because you are trading ( as you put it ) then you really are just winging it.  The minute you lay the draw you are gambling no matter what you say!!!!  Also if price doesn't matter can you lay me the draw at 20/1 on a match tonight in the champions league???? Thought not.

Also 10% per day is complete fantasy and the premium charge is something you are never going to have to worry about.  Now I am happy to debate with you , I'm not slagging you off , I just think you are so far off the mark with your thoughts etc. Good luck
By:
treble
When: 03 Nov 15 12:20
Everyone so quick to slag people off in here for trying, but no one ever backs up their criticism with a strategy that works. I just think people take pleasure in shooting others down.
By:
CJ70
When: 03 Nov 15 12:28

Nov 3, 2015 -- 12:20PM, treble wrote:


Everyone so quick to slag people off in here for trying, but no one ever backs up their criticism with a strategy that works. I just think people take pleasure in shooting others down.


If you give away a strategy that works, it's likely not going to work for much longer. That's the way it goes.

Page 3 of 10  •  Previous | 1 | 2 | 3 | 4 | 5 | 6 | ... | 10 | Next
sort by:
Show
per page

Post your reply

Text Format: Table: Smilies:
Forum does not support HTML
Insert Photo
Cancel
‹ back to topics
www.betfair.com