Hi, I'm Chris and welcome to my Betfair trading blog. Starting with a bank of £100 I will be trading it and hopefully make a nice profit/income.
I will be trading on the UK horse racing meetings, on the favourite's price, from around 10 minutes before the start of the race. Before the race starts, I will hedge my bets, creating an equal profit/loss regardless of which horse wins.
I will be trading on betfair using the BetTraderPro software. This allows me to submit bets at the click of a mouse, submit bets of less than £2.00 and automatically hedge my bets with one click of the mouse.
When trading, I will scratch or take a small loss if the price goes against me and will take the profits if the price goes in my favour. I will NOT let the bet ride if I am showing a loss at the start of the race, instead I will hedge it and carry on with the next race.
At the end of my trading day, I will put a screenshot of my profit/loss on this blog.
Wish me luck!
Chris.
Cheltenham Day 4 preview
1 month ago
1 comment:
Hey Chris,
Let me be the first to wish you good luck and thanks for your email. Much appreciated.
Congratulations on winning the prize yesterday and have a tradetastic year.
Good luck mate.
I'll ask Lee to put a link to your blog here if he hasn't already done it.
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