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BLOG on Trading, Scalping and plain Betting.

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By:
Monty's Wonderbra
When: 04 Nov 09 13:32
Have read it mate. Interesting. So it has to be a combination of that and informed guesswork then. Setting up a lay and back 1 tick apart on a stable market is pretty easy. Getting them 2 or 3 ticks apart is slightly different.

Fwiw without looking I can envisage the Lyon price to be backed in throughout today. Was 2.54 last I looked.
By:
Trader11
When: 05 Nov 09 01:59
monty,

u r spot on.

Updated the blog with what happened to be my best day.
By:
dlarssonf
When: 05 Nov 09 07:15
Trader11 04 Nov 13:09
Hi Lori,

u r right, but any sensible person will not trade all in.
Myself I do it with around 30% of my bank in every trade, and I want to make it clear here (not for u, because I know u already know) for newbies that it doesnt means u r risking that amount at all.


no matter what if you put 30% of your bank on a trade , YOU ARE RISKING IT. I know you are going to say that you will trde out to reduce the exposure if things go against you but anything can happen as I have already said.

Your internet could collapse, your electricity could go, the suspend monkey / betfair can suspend a market at any given notice, so once the trade is placed the whole 30% is at risk
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