Don’t Drink And Trade!

December 21, 2008 by arcmdn  
Filed under Successful Tennis Trading

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!

Another 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 very well spent, it still requires strong nerves and concentration. In other words – things which are easy to lose focus on if you’re distracted by something else.

By no means I meant 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, have a read or watch what I think about decent preparation before you start trading and risking your money.

And by the way – did you know real traders don’t look at the trading screen seeing money as the instant result to their trading activities?

Best of Luck,

Paddy

Comments

One Comment on "Don’t Drink And Trade!"

  1. Adrian on Mon, 27th Apr 2009 11:22 pm 

    A very useful video and definitely worth setting up your trading environment. Distractions from family (both wives/husbands and kids) can be a major drain and seriously affect your profit.

    A few days ago I left my computer and my wife told my daughter she could play on it. Luckily she got bored of betangel pretty quick and only lost me £18.

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