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MrE, … You run for the hills.
You cant blame MrE for running for the hills, he has heard of what you did to Steve. He only wanted to tickle you.
http://i41.tinypic.com/20a9a43.jpg
Charles Darwin to conquer the World
Ginge….. it is probably better for me to disappear again…..
Frecking hell Ginge, you are worse than the bubonic plague that’s two with in a week or so you have
cyber murdered
. Keep this strike rate up and it will be only you and me left on here. Forget the ‘black death’ we got a ‘ginger epidemic’ on our hands.
Ever thought I might be fed up of your gingerphobic jokes Nathan?
MrE comes on here every few months claiming all sorts of big profits. And unless everyone falls down and worships his feet… he bxggxrs off again. MrE comes and goes, that’s what he does over and over and over again.
Are you happy for others to believe Roulette is the way to riches Nathan?
Value Is EverythingEver thought I might be fed up of your gingerphobic jokes Nathan?
No, I thought you found them amusing……….
Charles Darwin to conquer the World
You, haven’t spoken out-of-turn at all MrE.
You know and I know the killing we had with William Hill on roulette a few years ago – pity, they shut the door on the that one!
There are so many aspects of "trading" – and, you are quite correct – especially with "scalping" – it is a total numbers game. To "scalp" in racing you are purely looking at the resistant points of horses to go into the market at the right time and then get out for a profit; it makes no difference whether Ryan Moore is riding the horse or a young apprentice or which horse – it is the figures displayed that you are interested in.
Personally, I do not think "scalping" would be your kind of thing as it is very intensive and time consuming. Football trading might suit you more but, I am afraid I have no knowledge in that area.
I wouldn’t let our resident "dutcher" Gingertipster get under your skin MrE – he is entitled to his opinion and so are are you; he just goes about it in such an arrogant manner at times and then wonders why people disappear!
Anyway, onwards and forwards – enjoy your day everybody.
Regards
Are you happy for others to believe Roulette is the way to riches Nathan?
So you are saying that MrE is talking bullshit and there is a 0% chance that he has had a profit every month for 6 months?
I don’t believe any form of gambling is a way to riches far from it but I’m not going to preach to every if any member that cant figure that out for themselves. What do you want me to do next, go door to door telling people that there are bogus door to door tradesmen out to rip them off? or stand outside Ladbrokes wearing a billboard which has on it ‘FOTB’s ruined my life’? Why stop there. We could hand out tickets outside nightclubs to young hot ones wearing string and bones with the words ‘rape alert’ on them. They would take one look at you and phone the real police.
Charles Darwin to conquer the World
I did once infer to
El Tel
I would be interested in roulette, having never played it but feel sure the success must lie in sensible staking.
Maybe my interest went unnoticed at that time past but I will submit a rather more full on request this time.
Should you return and read this
El Tel
and once you have dealt with greening up, scalping etc. (whatever these things are) perhaps you will offer a master class for roulette virgins as myself.
Yours is a judgement I trust knowing full well what observations etc. you make are fully credited by personal experience and without any personal reward.
Billy's Outback Shack
The system section of the forum or ward 7 as it is known reminds me of the County Ground where Somerset Cricket Club play. The whole ground is open apart from one stand which has a covered roof, me being more at risk of skin cancer since my transplant takes shelter here with all the old boys, they are all 100+ and uglier than Billion but all have a good sense of humour and like a laugh usually at my expense and sometimes the vocal tones can get raised and the air can turn a bit blue, now there is one chap who sits in the corner on his own Geoff who goes off and brings a steward back with him to tell us all off. Geoff has ginger hair aswell………
Charles Darwin to conquer the World
@ Nathan….. now THAT was funny….Matron….. yes those Willy Hill days were great, short lived but great nonetheless….
Billion…. thanks, I will consider a new thread on roulette sometime, but I really want to get my head around trading for the moment….
Ginge…. last but not least…. I still look upon you as the forums head numpty who appears to know more and more about less and less until you finally know eff all about nothing. OK, so you’ve taken it upon yourself to be TRF’s policeman and you gotta stop all of us naughty boys "grooming" grown men…. people like you make me sick, so I have no alternative but to throw up occasionally, what else are you supposed to do when confronted with bile.
This thread was started with the intention of me (and hopefully other members)learning something different. Trading looks interesting and appears that it MIGHT be reasonably profitable if tackled correctly. But to find this out ourselves, we need to ask the more knowledgable members to assist…. I don’t want to know that my roulette/horse/snail betting is detrimental to my ability to trade successfully, I’LL be the judge of that, I just want sensible guidance if anyone has anything to offer….. so please keep the thread on track, which is primarily "trading"….
MrE
More than fair comment
El Tel
, just put it on the back burner for some future time when and if you find you are a little fed up twiddling your thumbs.
Billy's Outback Shack
In my few months at trading, I have had some scary moments, but I think that I’ve got a grip with a lot of my mistakes, and there were LOADS of mistakes…. these were due more to ignorance than anything else. So in an effort to start the ball rolling, I’ll begin with some basics, I can only offer basics cos that’s about the extent that my knowledge stretches.
I require liquidity in the market because I want plenty of movement in that market, so I like the amount traded to be reasonably high.
I have also found that it helps to follow the market trends…. if the market is rising, why should it stop just because you’ve bunged a tenner on, hopefully the market will continue to rise another couple of ticks.
These rising and falling trends do hit their "resistance" points (as mentioned by Matron), I get out at this point…. if I get out because of resistance and then the market starts to rise again, I just go in again.
Now we get to the point that Matron also mentiond about "scalping"… I admit that I do a fair share of scalping, but I don’t find it as frightening as all that, this is where I might be getting it wrong. I don’t just scalp once and then go, on just one horse in one race, I will go for a 2 tick scalp (1 tick if my bum gets twitchy), but I will continue following that horse and keep scalping 1 or 2 ticks a time for about ten trades…. it means that I can get between 10 and 20 ticks per horse per race…. someone will now point out that this is NOT actual scalping and then put me right…. as stated, all help gratefully received.
MrE
I started by thinking to myself that I needed an edge…. how do you find an edge at trading???…. it’s not studying the horses form because your not betting on that horse to win or lose, neither are you looking for a price that’s value, it doesn’t matter what price it is cos your just going to follow the market and bet when it rises or falls. So, being the pillock that I am, I thought that every horse that I bet would probably lose…. so I thought "that’s my edge", I’ll lay the bloody lot….
So my first bets started off as laying at whatever price was showing at the time that I chose to place the bet. I had already ascertained that the market was on the rise (trend) so I waited until the market had risen a few ticks and then "greened up"…. this was quite a succesful move and I went on to greater stakes as I became more familiar with the way the game played out.
I had a few heavy losses along the way as you would expect as a learner, I thought I knew better…. but my plums were getting a bit sore after a month or so because my wins/losses resembled one of Betfairs graphs, so further analysis ensued.
For me, it changed for the better when I only started trading about 10 minutes before the "off"….. and NEVER to let the trades go "in play". It doesn’t matter if I’m in the green or red, I’m out at the 10 second alert.
The hardest thing I had to go through was the "loose bowel syndrome"…. that happened early on until I got to grips with trading…. it was the fear of losing massive amounts of money if your laying and you get it wrong…. the simple answer is, don’t get it wrong…. but if you have got it wrong and the market has changed direction as soon as you plonk your money down, then get out immediately and take the "red"…. let me explain that a bit… if I bet for £10 and the market changed direction and my bet went into the red by 50p, I’d get out with a loss of 50p. The losses don’t have to mount up, just get the hell out of there when you’ve got it wrong.
Thus far I have been relatively happy with my earnings, but I know that I have not even scraped the barrel…. I believe that tennis matches are even better vehicles for trading, but I need some kind member to point me in the right direction….
MrE
Ginge…. last but not least…. I still look upon you as the forums head numpty who appears to know more and more about less and less until you finally know eff all about nothing. OK, so you’ve taken it upon yourself to be TRF’s policeman and you gotta stop all of us naughty boys "grooming" grown men…. people like you make me sick, so I have no alternative but to throw up occasionally, what else are you supposed to do when confronted with bile.
This thread was started with the intention of me (and hopefully other members)learning something different. Trading looks interesting and appears that it MIGHT be reasonably profitable if tackled correctly. But to find this out ourselves, we need to ask the more knowledgable members to assist…. I don’t want to know that my roulette/horse/snail betting is detrimental to my ability to trade successfully, I’LL be the judge of that, I just want sensible guidance if anyone has anything to offer….. so please keep the thread on track, which is primarily "trading"….
MrE
Have I not given you some advice of how to make trading pay MrE?
It is infinitely easier if a punter knows the odds as true percentages. ie With Roulette you are being paid out at at 35/1 for something with a 37/1 chance of winning, you will eventually lose. There are some systems (needing big stakes for minimal profit) that make each spin long odds-on for that particular spin to come out as a winner. Therefore a punter is likely to get off to a winning start and (if continueing to bet this way) likely to carry on making a profit… Quite possibly (if his/her betting is not day to day) for months or even years.
However, what the player is doing is effectively betting at long odds-on. If a gambler bets only @ say 1/20, he is likely to win around 93% (taking the mark up in to consideration). Taking a 93% strike rate about something that he/she needs over 95% strike rate to show a profit. So it is quite possible for a player to make a profit for months or even years (if not betting day to day) before the loser/s (which is a mathematical certainty) happens… Which is why I said MrE, if you are in front now, stop, because it won’t last.
Roulette is not like betting on sport. Roulette has definite chances of landing on each number, where as with sport the chance of each selection winning is only OPINION. Bookmakers might offer a price about a horse, but they do NOT KNOW whether those odds are correct. With Early Prices they will offer 7/2 about something they BELIEVE has a fair 4/1 (20%) chance of winning. It is then up to the gambler whether he/she disagrees with the bookmaker’s opinion. If believing the 7/2 shot has a better than 22% chance then 7/2 is (in his opinion) a good bet. In Roulette (with DEFINITE odds) Casinos/internet KNOW each number has a 37/1 chance of coming up, so offer less than the fair odds 35/1.
So NO strategy/system can statistically overcome the casino’s advantage, since the expected value of each allowed bet is negative.
Why does your opinion on Roulette matter when "Trading"?
Because your opinions on Roulette mean you do not take any notice of the Mathematics Of Betting. Unless you are able to understand why betting on Roulette will eventually lose… then you don’t have much (if any) chance of making a profit on "trading".
It is not enough to just "follow the market" by doing so you are relying on those who do not know what they are doing to tell you what to do. If only it was that easy. Markets are influenced by many things and can not be relied on. There is no knowing when the market will turn unless you know the sport and have an opinion on the fair odds for the bet.
You wanted advice on how to make Trading pay Mr.E.
My advice is to have a good knowledge of the sport you are betting in and a good understanding of the Mathematics of betting. If those two things are achieved, then you will have a very good chance of making a profit from Trading MR.E.Value Is Everything
I thought our man asked if this thread could be about trading
Reading between the lines our man wanted this thread to be a roulette free zone
Now, if I am to stand any chance of having a roulette master class some time in the future perhaps we can keep this thread as pure as possible and so ask for the head honchoes to censor and redirect any references regarding roulette to an individual thread exclusively for that purpose.
Billy's Outback Shack
Billion,
I have explained in the above post why I think MrE’s opinion on Roulette matters when "Trading". "Trading" is about many things, one of its major parts is knowing when the market is likely to turn. Therefore, knowing the Mathematics Of Betting is an important aspect to making a profit from trading. Enabling an investor to identify/trade at the highest (to back) and lowest (to lay).If the investor denies the "Mathematics Of Betting" it is infinitely more difficult to make a profit from trading.
Value Is EverythingMeanwhile, back at the ranch………….
MrE, you have got the hang of it – do as many trades as you can before the "off" and get out pdq if a "trade" goes against you for a small loss. I personally would stick to "one tick" at a time as you will normally get matched much faster. Presume you are using The Geeks Toy as it is free at the moment?
If, you go over to YouTube and type-in Tennis Trading there are some videos of which should help you to learn – break of serve, etc.
Regards
Rest assured Billion, there is no reason why "Roulette" should come in to the rest of this thread.
Value Is Everything
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