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Scalping/Trading Time Decay Markets - 10% Profit Per Day

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Replies: 391
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:
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:
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 01:42
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:
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 01:37
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 01:35
No there aren't.
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:
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:
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 01:31
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:
themover
When: 03 Nov 15 01:28
night dime
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:
dimebar8
When: 03 Nov 15 01:26
almost 10% * i'm tired... night night lol
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 01:22
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 01:14
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 01:08
you see it says scalping/trading... TRADING. not just scalping.
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 01:07
scalping is taking a tick or two...
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 01:05
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:
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:
wisewords
When: 03 Nov 15 00:58
good luck with your calculated risks.
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:
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:
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:
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:
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:
wisewords
When: 03 Nov 15 00:46
and this isn't even taking into account what you do when Betfair goes down..
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 00:45
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:
dimebar8
When: 03 Nov 15 00:45
Ask betfair for a copy or something if you wish :P
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 00:44
yes they can but i did those in real time and sorry if you don't believe it but that's not my problem
By:
Darlo Bantam
When: 03 Nov 15 00:43

Nov 3, 2015 -- 12:40AM, dimebar8 wrote:


I wish you guys would read the opening post and respect it. Let this play itself out. Let the numbers do the talking.


The figures in the OP are just a couple of examples. Anyone can find a couple of examples.

However, I think your strategy is more than possible, but you're hardly posting anything groundbreaking. Scalping has been around since BF started. Your 10% per day figure though is simply unachievable for anything more than very short term. Principally because you will hit setbacks at some regular interval.

By:
dimebar8
When: 03 Nov 15 00:43
I don't need you here buddy lol
By:
dimebar8
When: 03 Nov 15 00:43
It also states everything from that point on will be posted real time... did you miss that part?
By:
wisewords
When: 03 Nov 15 00:43
cba wasting anymore time with you. if you ever post any bets i'll check with interest.
By:
dimebar8
When: 03 Nov 15 00:42
As stated in the opening post, you are a clever boy aren't you.
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