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Live Betfair Internet Trading Room
- By Laytheodds.com Admin
- Published 03/17/2006
- Betfair Trading Tutorials
- Unrated
Laytheodds.com Admin
Laytheodds is dedicated to helping people make money on Betfair! We have put together a collection of articles, tutorials, tips, tricks etc to give you advice on the exchanges. Information includes - Betting Exchange Trading, betting bots reviews, betting software reviews, betting exchange trading articles, Lay betting products and trading tutorials.
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My On-line Trading Room - How does it all work?
I have recently started an on-line trading room in which I trade live in front of a group of traders. If you think that you would enjoy trading in a room with a master mentor on hand to help you with your trading then this could be for you.
The idea of the room is that all members get GREEN.
The idea for the room came about because some of the subscribers to my twice weekly trading recommendation service Trading Post publication needed help adhering to the recommendations. When you trade you expose yourself to the emotions of fear and greed, and they manifest themselves in the form of second guessing the selection, over trading, under trading, hesitation, fighting with the market, getting even with the market and a whole host of others.
It is perfectly normally that traders experience these emotions, but they are easier to control if you have someone looking over your shoulder.
The whole thing is about confidence building. When you trade in a room where you see me trade my very own selections Live this makes it so much easier for people. We have a great group of like minded traders with whom you can chat and exchange ideas. The sole purpose of the room is getting everyone into profit.
If you are trading selections which are 80% profitable then once you have traded these live with me for sometime the confidence will start to flow.
So how does the actual room work?
First up youll need to download some software and then youll receive a password in order to login. Then you will have access.
Tuesday evening is our training evening when we welcome new comers to the room and run through some basic theory and trading strategy. We ensure that everyone understands the trade recommendations for the week and following these explanations which includes a question and answer we trade our first Trading Post recommendation of the week live on screen.
Following our live trading, our financial trading expert will demonstrate some strategies he uses to trade Stock Index Futures.
When we trade live you will see my browser window which contains my Betfair screen projected onto your PC, its as simple as that. There is an audio link up via which I will answer questions and you will hear me run through trading strategies.
I trade a betfair Room account which is used for the trading recommendation statistics And we have a set target profit figure we go for every evening we trade.
In addition all room members can download my BET Scenarios the very same scenarios I use in my daily trading.
The room is open about 18 hours a day and whilst we only trade the official Trading Post recommendations you will always find traders in the room exchanging ideas.
This is a new concept for many people, but the response so far has been overwhelmingly positive and if you are serious about becoming permanently profitable or even turning professional then you should consider it.
If you are interested to learn more about becoming a Betting Exchange Trader, please consider purchasing my Pro Exchange Trading Guide which demonstrates strategies relevant to horse racing, football, tennis, cricket and other sports, or alternatively subscribe to trading Post which is my twice weekly trading advice publication. For those interested in a live internet trading room were you can trade with me, I also offer this service.
For all of the above, to purchase, subscribe or request other information about bet exchange traders, please visit my site at Betexchangetraders.com or email me at info@betexchangetraders.com and I will be happy to help you.
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