Forums

General Betting

Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
TameTheTiger
25 Jan 10 07:52
Joined:
Date Joined: 27 Aug 07
| Topic/replies: 8,372 | Blogger: TameTheTiger's blog
To make money trading,do I simply have to predict which way the market will move and be correct over 50% of the time,assuming the movement either way is the same ? i.e say for example 5 ticks correct then trade out,or 5 ticks wrong then trade out.
Pause • Switch to Standard View A Trading Question...
Show More
Loading...
Report CurlyBlues • January 25, 2010 8:20 AM GMT
The first reason the answer is no is commission
Report Lori • January 25, 2010 8:29 AM GMT
second reason is that ticks have different values at different places.
Report TameTheTiger • January 25, 2010 8:48 AM GMT
60-40 should take care of commission ?

4.0 into 3.0 bad trade,then 6.0 to 7.0 good trade.....is this break even over the two trades ?
Report TameTheTiger • January 25, 2010 8:48 AM GMT
I'll use the "what if" to work that last one out.
Report Ghetto Joe • January 25, 2010 9:46 AM GMT
I came across an excel file at

http://www.mediafire.com/file/yzrmmjwkyg1/greenup.xls

that might be useful to you ttt
Report page-413 • January 25, 2010 9:52 AM GMT
Tame your answer is YES
Report beetle • January 25, 2010 10:32 AM GMT
If you are greening up on your trade it depends whether you are backing to lay or visa versa. The former is more profitable, pro rata than the latter.
Report TameTheTiger • January 25, 2010 6:21 PM GMT
Thanks guys.
Report The Investor • January 25, 2010 6:49 PM GMT
beetle 25 Jan 11:32
If you are greening up on your trade it depends whether you are backing to lay or visa versa. The former is more profitable, pro rata than the latter.



Provided it's trading above evens.

However, I lay first well over half of the time, as often the traders trying to make a lot using a little push the price down below what I perceive is correct.
Report TameTheTiger • January 25, 2010 6:55 PM GMT
I'm solely a layer,taking a position pre-off.I've only recently started recording the prices at the start of the event,and have found that 70%(so far) have drifted .I'm just wondering how best to play this.
Report beetle • January 25, 2010 7:01 PM GMT
If you are backing to lay you are always greening up at a lower price than laying to back
Report beetle • January 25, 2010 7:02 PM GMT
...Investor
Post Your Reply
<CTRL+Enter> to submit
Please login to post a reply.

Wonder

Instance ID: 13539
www.betfair.com