Betfair Tennis Trading = Business

The new tennis trading season has started and before I start to post new trading examples on this blog I’m going give you the last video in the series about successful Betfair tennis trading:

In the last few weeks I’ve told you about many aspects impacting tennis trading profits:

Controlling Emotions
Getting Rid of Gambling
Technical Preparation
Managing Your Trading Bank

So this time the final aspect – business approach. To put it simply – you have to regard the whole tennis trading process as a business rather than something to kill your time. No rush, no unrealistic expectations, just step-by-step process.

Preparation, learning and gaining experience – and you’re guaranteed to be among the top 0.5% Betfair users who work with an overall profit!

Talk to you soon,
Paddy

What’s The Proper Staking Plan?

This is one of the most frequent questions I’m asked – Paddy, what stakes should I be using when trading tennis on Betfair?

Watch this video and you’ll get your answers!

As you can imagine, trading staking plans differ between professional Betfair traders and novices. You just can’t start operating with 100 pound stakes right after you’ve opened your Betfair account – well actually you can, but it’s not a good idea!

No matter how safe the whole trading process may seem to you, you definitely need to develop your trading technical skills first and then increase the stakes.

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What does it take to Trade Tennis successfully?

While I’m waiting for the next tournament, I decided to give you some advice on how to best approach the Betfair tennis trading. You know – the mind stuff, how not to lose your head and start gambling instead of trading and those sort of things.

I’ve received plenty of e-mails from my customers who are very concerned about one thing in general.
They can grasp all the tennis trading concepts and apply them in the real life. However, staying focused and calm even if you’re forced to accept losses seems to be the hardest thing of them all. And even if you don’t want to, you start placing completely stupid bets and eventually your Betfair account is dry.

So this is the first video about the importance of controlling your emotions while trading tennis on Betfair.

Please don’t underestimate the importance of these videos – they will make and save you money. Until next time!

Talk to you soon,
Paddy

Don’t Drink And Trade!

Do you know what’s the easiest way of losing all your trading money and NOT make a single profitable trade?

It’s simple – have a few pints before you trade and invite your mates to see how you trade!

Did you know pro traders don’t look at money as the instant result to their trading activities? Traders concentrate on making correct decisions safe in the knowledge that each decision makes profit. Alcohol seriously impairs decision making – and bad decision making will cost money!

Other essential elements of a well managed Betfair tennis trading process are:

* Technical preparation
* Self-discipline

You really need to separate trading from leisure. Although Betfair trading CAN be time well spent, it still requires strong nerves and concentration – things which are easy to lose if you’re distracted by something else.

By no means do I mean to scare you with the seriousness of Betfair tennis trading. It IS nice looking at your Betfair account after the trading session and see it grow. And it’s an amazing feeling when you’re withdrawing a few hundred from it!

Nonetheless,  read or watch what I think about decent preparation before you start trading and risking your money.

Remember, alcohol impairs judgement and decision making – don’t drink and trade!

Best of Luck,

Paddy

How To Empty Your Betfair Account

Hello Folks!

It’s me – Paddy – and this time I’m going to tell you some stuff about gambling. To be more precise – you’ll find out what it really takes to go bust and empty your Betfair account in no time!

You know, even though Betfair trading seems to be quite innocent and the very concept of greening out makes the risk factor insignificant, it’s still there. But I’m not talking about the actual risk when placing the bets and assessing the price fluctuations.

I’m talking about the little devil that whispers into your ear – ‘Hey bud, wait a bit longer, don’t close the trade with a loss! You can still make some profit here, don’t you see?’ And eventually you end up having lost even more than you could have! Does this situation sound familiar to you? Then watch my video about getting rid of the gambling spirit – useful stuff for every Betfair tennis trader.

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