We want to share an important update with our Betfair Community users.
Over the coming months, the Betfair Community platform will be winding down. The final active day for the platform will be December 21st. From December 22nd, users will no longer be able to access the platform.
Your discussions, insights, engagement, and, most importantly, feedback have helped shape the platform and guided innovation. Your feedback continues to be important to us, and we will continue to listen via our dedicated feedback channels, as well as through product testing and innovations.
To share your feedback and experience, visit: https://support.betfair.com/app/home
Results for tag: scalping
Posted by:
paulhickman
on Sep 12, 2015 at 03:35:56 PM
12 Sep 2015
Well after an hour at the screens today I am £46.91 up and back have fully recovered the £157 loss I incurred through stupidity on the 10-Sep-2015. This have been achieved again by trading only 7 horse races in the 10 minutes before the off with a bank of £300. As my full time income brings in only £112 per day pre tax I really think that it is well within my grasps of replacing this income through Trading.
As my bank gets larger I am still finding it comfortable to place trades around the £300 mark as I am aware that as long as I stick to my exit plan in a losing trade as rigidly as I do in a winning trade overall I will be profitable.
I will stick at the screens for another hour in the hope of attaining my daily wage however the most important thing at this...
Posted by:
paulhickman
on Sep 12, 2015 at 08:57:37 AM
12-Sep-2015
After the initial 30 days of trading horses pre race I have managed to treble my £200 starting bank. This was a milestone for me as I have now removed my initial £200 capital and my betfair trading business is now fully self financing.
The first day of month 2 did not start so well but did highlight the absolute necessity to get out of a losing trade quickly. Unfortunately I did not take that advice and finally mental clarity returned when I was £157 in the hole and took a big loss trading the 7f maiden in Chepstow.
The lesson learnt was always use a stop loss and that the markets will go what ever direction they want not the direction I want.
From there I have spen the last 2 trading sessions regrouping and have currently recovered £150 so even though it is...
Posted by:
paulhickman
on Sep 9, 2015 at 04:16:32 PM
Hi and welcome.
You join me after my first 30 days of continuously trading horse racing pre race on Betfair.
I have been interested in sports betting for the last 3 years and have been picking up bits and pieces along the way. I have never been any good at gambling and following tipsters and I really do not have the time for all the form study and statistics however the thought of ultra short term scalping really appeals to me as it is fast efficient and you can turn a very small betting bank over numerous times so a large initial capital is not required.
On 9th August 2015 I loaded £200 into my betfair account and decided to focus on applying all the trading tips I have learnt over the last couple of years.
As I am due to leave my current job in 5 years time my goal is to...