General Betting
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Aye, pirate therapy...For those o' ou out thar who would like t' become successful pirates on Betfair and would like t' impro'e your profits.If you be strugglin' t' profit har I will ad'ise you how t' impro'e your results. Join the pirate crew, argh!
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Replies: 19
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Is it National Pirate Day again?
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rum, sodomy and the lash...? nice!
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rum, sodomy and the lash...? nice!
where do i sign? |
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**all me buckos! 'tis be a jolly month on th' poop deck me scurvy pirate boat. Doubled me buried treasure again 'tis month 'n increased me stakes again. That's th' way to do it lads, slowly, tradin' steadily wit' a solid tradin' system. Anyone can do it, 'tis no so harrrd, really. thar be just a few key points to becomin' a successful trader in any market.thar's no limit to th' doubloons ye can earn if ye learn a few key points. If anyone needs any help, sign in 'n I'll be glad to help. Not all 'o us band 'o pirates be such bad guys...
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...put below that spiced rum laddie, or I'll have to lash ye...'n thar's no sodomy allowed on me ship...,
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whats ure tradin system?
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Great! Sign me up. Are you doing DVD's? ;-)
Q. Why are pirates called pirates? A. Dunno, they just Arrrgh |
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help please
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There's only one thing about bein a sea dog - no trees.
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buccaneer me matey, you been on the scurvy juice old mate.
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TAKE ME OUT, freedie...
Welcome on th' poop deck! I be glad to help a fellow scurvy pirate to become a scurvy pirate trader. First, ye have to be tellin' me what ye be currently doin' here on Betfair - what sports? tradin' or bettin'? what stakes? Now ye have to ask yourself th' extra basic questions that each trader needs to be knowin' before beginnin' 'tis long journey --- 1) How much can I handle losin' without carin'..be it 1%, 2%, 5% 'o me buried treasure? fer every trader 'tis different. (fer a guide, I started at 3%, but have be scalin' it below 'n be now 2%. i reckon ye can be a wee bit more aggressive at th' beginnin' 'o ye career wit' smaller stakes). |
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STYLE
So, first ye set ye maximum liability PER TRADE. ye must also now decide ye STYLE 'o tradin'. To do 'tis, ye need to decide if ye want to 1) Win small amounts often, wit' occasional large losses or 2) Win occasional large amounts 'n have many smaller losses. 'tis depends on ye personality. ye need th' solid patience 'o an barnacle-covered sea sea monster to be 2). Ye now also select ye STOP LOSS RANGE based on 'tis decision. ye need a STOP LOSS range which keeps ye from big losses, but dont get hit too often. A STOP LOSS means how big 'o a loss ye a prepared to take 'n thar be a relationship between th' STOP LOSS 'n th' volatility 'o a market which always equal ye LIABILITY PER TRADE (1%, 2% or 5% 'o buried treasure, etc..) fer a guide, I use a trailin' 10 tick stop on most horse racin' markets, but that can be moved up to 3 or 5 ticks on stable market. thar be no rules 'bout 'tis, it be ye preference based on ye psychology. Some traders like it loose, some like it tight...scalpers like it extra tight. |
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So now a practical example.
If ye have a $100 buried treasure 'n ye want to trade on a horse wit' 2.00 odds. ye have a 2% maximum loss settin' 'n ye set ye stop loss at 10 ticks. ye tradin' stake be $25. th' maximum loss ye gunna take be $2.00. |
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OK. That's all fer this day. Remember, ye have to accept losses...many losses... to be a successful tradin' scurvy pirate. That means ye have to trade small amounts at first 'n build up ye buried treasure. thar's no secret to it.
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**
http://www.youtube.com/watch?v=9udxbvHiqGw |
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Think he has been made to walk the plank.
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Snapper= Sad
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same TheSnapper
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Not sad at all.
Entetraining thred with some good advice. Beats other negative posts and prophet of doom merchants. |