New Posts For Thread: Can a flawed strategy be succesful in trading?https://community.betfair.com/general_betting/go/thread/view/94082/27661213/can-a-flawed-strategy-be-succesful-in-tradingThere is no doubt that if you are just gambling straight bets then if your criteria for selecting bets is flawed then you will lose in the long term but does this apply to trading? I'm not talking about momentum trading where people hope or expect tFred! In the hypothetical equation the bettor isn't guessing, they are very close to the correct price so the strategy is much more likely to work.They might not be guessing but I thought it was supposed to be flawed selection process. No matter howhttps://community.betfair.com/general_betting/go/thread/view/94082/27661213/can-a-flawed-strategy-be-succesful-in-trading?post_id=496778077#496778077Fred! In the hypothetical equation the bettor isn't guessing, they are very close to the correct price so the strategy is much more likely to work.They might not be guessing but I thought it was supposed to be flawed selection process. No matter howTue, 24 May 2011 07:06:31 -0500Can a flawed strategy be succesful in trading?Hopefully, because it seems they're the only ones I've got.https://community.betfair.com/general_betting/go/thread/view/94082/27661213/can-a-flawed-strategy-be-succesful-in-trading?post_id=496773577#496773577Can a flawed strategy be succesful in trading?Hopefully, because it seems they're the only ones I've got.Tue, 24 May 2011 05:51:03 -0500If fluctuations were that good then we could make money just by copying the existing best prices in a market and letting fluctuation fill both sides for us.Fred! In the hypothetical equation the bettor isn't guessing, they are very close to the correhttps://community.betfair.com/general_betting/go/thread/view/94082/27661213/can-a-flawed-strategy-be-succesful-in-trading?post_id=496767621#496767621If fluctuations were that good then we could make money just by copying the existing best prices in a market and letting fluctuation fill both sides for us.Fred! In the hypothetical equation the bettor isn't guessing, they are very close to the correTue, 24 May 2011 03:50:14 -0500Fred, try U17/U19 soccer matches.I did try it in horse races, but it didn't work.For a while, I answered the question,'How do you make money on bf?'with'Because most people don't understand randomness.'https://community.betfair.com/general_betting/go/thread/view/94082/27661213/can-a-flawed-strategy-be-succesful-in-trading?post_id=496764445#496764445Fred, try U17/U19 soccer matches.I did try it in horse races, but it didn't work.For a while, I answered the question,'How do you make money on bf?'with'Because most people don't understand randomness.'Tue, 24 May 2011 02:20:13 -0500I do it all the time. You just have to pick the right markets.I'm genuinely surprised to hear that pxb, I think I'd be eaten alive if I tried it on my usual horse markets. I'll have to have a poke around some other markets at some point.https://community.betfair.com/general_betting/go/thread/view/94082/27661213/can-a-flawed-strategy-be-succesful-in-trading?post_id=496651497#496651497I do it all the time. You just have to pick the right markets.I'm genuinely surprised to hear that pxb, I think I'd be eaten alive if I tried it on my usual horse markets. I'll have to have a poke around some other markets at some point.Sun, 22 May 2011 21:09:17 -0500If fluctuations were that good then we could make money just by copying the existing best prices in a market and letting fluctuation fill both sides for us.I do it all the time. You just have to pick the right markets.If a market is too thin, you canhttps://community.betfair.com/general_betting/go/thread/view/94082/27661213/can-a-flawed-strategy-be-succesful-in-trading?post_id=496647757#496647757If fluctuations were that good then we could make money just by copying the existing best prices in a market and letting fluctuation fill both sides for us.I do it all the time. You just have to pick the right markets.If a market is too thin, you canSun, 22 May 2011 20:14:01 -0500I've done something similar to that Fred. The trick is of course that if a price moves and you get matched, it could move a number of ticks, meaning you get poor execution. I have found ways of doing this that make a marginal profit, but you have tohttps://community.betfair.com/general_betting/go/thread/view/94082/27661213/can-a-flawed-strategy-be-succesful-in-trading?post_id=496592485#496592485I've done something similar to that Fred. The trick is of course that if a price moves and you get matched, it could move a number of ticks, meaning you get poor execution. I have found ways of doing this that make a marginal profit, but you have toSun, 22 May 2011 09:14:07 -0500In general I don't think fluctuations can fix a flawed trading strategy.If fluctuations were that good then we could make money just by copying the existing best prices in a market and letting fluctuation fill both sides for us.https://community.betfair.com/general_betting/go/thread/view/94082/27661213/can-a-flawed-strategy-be-succesful-in-trading?post_id=496582625#496582625In general I don't think fluctuations can fix a flawed trading strategy.If fluctuations were that good then we could make money just by copying the existing best prices in a market and letting fluctuation fill both sides for us.Sun, 22 May 2011 06:45:26 -0500It depends how noisy the market is. Although all markets are noisy to some extent.https://community.betfair.com/general_betting/go/thread/view/94082/27661213/can-a-flawed-strategy-be-succesful-in-trading?post_id=496548193#496548193It depends how noisy the market is. Although all markets are noisy to some extent.Sat, 21 May 2011 18:54:40 -0500yes, if you have unlimited bank.. the variances in gambling even make a flawed strategy winners but its their bank that lets them downhttps://community.betfair.com/general_betting/go/thread/view/94082/27661213/can-a-flawed-strategy-be-succesful-in-trading?post_id=496547997#496547997yes, if you have unlimited bank.. the variances in gambling even make a flawed strategy winners but its their bank that lets them downSat, 21 May 2011 18:51:35 -0500