* "My basic advise is don't lose money" Jim Rogers. * "I'm more concerned about controlling the downside. Learn to take the losses. The most important thing about making money is not to let your losses get out of hand." Marty Schwartz. * "I'm always thinking about losing money as opposed to making money. Don't focus on making money, focus on protecting what you have" Paul Tudor Jones. * "Rule number one of investing is never lose money. Rule number two is never forget rule number 1" Warren Buffet.
Some good starting advice for you
* "My basic advise is don't lose money" Jim Rogers. * "I'm more concerned about controlling the downside. Learn to take the losses. The most important thing about making money is not to let your losses get out of hand." Marty Schwartz. * "I'm a
No. If someone could make lots of money on Betfair by using a system other people could learn to use, they would be killing their golden goose by telling everyone how they do it. The money they would make by writing the book would be peanuts compared to what they'd make on here.
Moreover, a winning system is only a winning system if there are very few (preferably just one) persons playing it. The more people that know about it, the more competetive it becomes, so the profitability would reduce to zero.
You can only make money long term by having good judgement, inside information, or a system that no one else knows about. Good judgement can't be passed on, and geese that lay golden eggs are never for sale.
No. If someone could make lots of money on Betfair by using a system other people could learn to use, they would be killing their golden goose by telling everyone how they do it. The money they would make by writing the book would be peanuts compared
There must be dozens and dozens of different ways to make money on Betfair. There must be hundreds of thousands of different ways to lose money on Betfair.
There must be dozens and dozens of different ways to make money on Betfair.There must be hundreds of thousands of different ways to lose money on Betfair.