Friday, 9 October 2009

£10 to £1000 Challenge!


Hear it goes it starts today 10% a day!
I figured with such a small starting bank, my trading will be quite unorthodox. My 10% goal won't come into play until I'm hitting at least three figures.
All my trades today were traded in the correct manner(LOW RISK). Just not my usual style and probabbly won't be until I hit high 3 figure bank.
BANK £10.57
P&L £6.00
BANK £16.57

Thursday, 8 October 2009

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Sports

How I got into sports trading!

It was back in 2007 when I opened my betfair account, my best friend's account had been running since 2002 and he'd just quit his full time job as a bin man to pursue this full time.He was making lots of money which seemed like light work (3-4 hours a day) with massive reward.I was always intrigued but never had much time to try and get involved that's when things changed and I broke my arm.This meant I was out of full time work and had the opportunity to sit down with him and watch how he earned so much money £300-£800 minimum a day.
I traded every spare minute i got to develop my skills on the betting exchanges I traded with small amounts to start off with, eventually I built my a bank to £2000 and generally made between 5-15% of my bank a day.
Things were going great until I had some problems with my software and lost a large chunk of my bank, this was a major blow and I did the worst thing you can do as a trader and tried to chase this money back,it didn't happen and ended up losing all of my bank in complete frustration.
Now I'm going to start again from scratch and keep my discipline hopefully this blog should keep me focused.

Hello Everyone!

I have just decided today will be the day I create a blog that shares my current and past experience with sports trading on betfair. (betting exchanges)