Now I’ve been getting back into a little bit of trading, and I don’t mean selling crap at my local car boot sale, “That was last week”. Apologies to the guy who bought the television set full of sand it was my business partner’s idea and betting was involved!! Anyway as I’m sure many of you are aware the world of Professional Trading is an art. So for all the artesian out there or the people reading and thinking yeah I wouldn’t mind knowing a bit more about trading then this is for you.

 

The great thing about trading is its low risk and it keeps you occupied for a whole afternoon if you wife is out shopping at your expense, the girlfriend isn’t available, and the mistress is just too damn crazy these days. I suggest trying to get some free trading videos to get to grips with the basics just to give you an insight into what the hell trading is all about, have a look round this site for more information. But for now let’s take a look into trading.

 

On a personal front I mainly trade horse racing, mainly because it’s so easily accessible its low risk and it’s a great way of making money from the markets as well as being quite a lot of fun. Now to trade successfully you need the right equipment, but before I go down the road of plugging all the different bots out there, I will say I have tried most of them and I know my favourite. Anyone wanting my opinion on bots please feel free to drop me an email within this site, then mention my name when purchasing, a small retainer keeps me sweet!!!

 

Now trading like a stock market broker is something that may take you a while to get to grips with. There are many people out there with all the insider secrets on how to trade successfully but for me the best way to learn if your new is to practise. Firstly watch how the Betfair market explodes during the last ten minutes before a horse racing event and you will see straight away how the market operates. “Sounds crazy right”? sitting there not betting just watching money go down like Audley Harrison. Observing what is happening here will give you a good insight about what is going on within an event. The old adage of the man who talks to much misses out on what others have to say springs to mind in other words we aren’t going buck wild trying to predict which way the market is heading, we are patient, learning and playing it cool.

 

Now I’m starting to think I should write an e-book as trying to give you a basic run down on trading maybe my biggest blog post ever. But hey I’m going to give you an insight into what all traders with there secrets don’t want you to know... Ready “You sitting down”; there are no secrets to trading!!! What a shocker…. I know blowing the lid off trading. But hey all the top guys already know this. Ok here’s the play, we can only use the information provided at a particular time during trading to guess yes guess, and how the market will behave before we enter a trade. Now this may be a calculated guess at times, but it doesn’t need to be, you could basically draw straws, shortest we back first, longest we lay first.

 

Sounds crazy right and a few out there are scratching there heads saying what the hell. But I’m serious try it!! The trick to trading is seeing things before they happen and also having a quick mouse finger ready to click away in case the market decides “screw you I aint going your way” and comes crashing in. As for going into how others trade that’s there business; however I’m quite confident that teaching people how to cope when a trade goes wrong is better than any so called secrets I’ve come across. Ok so you flipped you coin, you drew the shortest straw, you rolled the dice, however you decided to enter you trade, Bang your in, the market is buzzing plenty money on your side and here we go the price goes out its going, great a nice run out in price before we place our counter trade!

 

“Oh S*?T “someone has lumped a huge amount of money in and the price has swung the other way….NOOOOWAY. No panic you were prepared you had an exit plan, you were waiting with your little mouse finger hovering over the other side of the cash just in case the unexpected happened. That’s one way of doing it or you could have a bet placed in the market just in case to cover your original trade, to stop any potential loss in its tracks. With trading like all betting, you wont get it right every time, but if you do well done your better than me, but it wont happen. If a trade goes against you get out get the hell out fast, don’t sweat it just crack on and go again. Don’t worry about making the odd mistake here or there, as when you get on the end of a good trade, when you guessed right you can give yourself a pat on the back and nod intensely with the knowledge that you made a successful trade and your on your way to been a successful trader in an exciting market place.

 

Regards

 

Ross