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You are here: Home / Latest / Betfair Football Trading / Always Stick To The System!

Always Stick To The System!

August 18, 2011 By Sports Trading Life

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betfair trading system
I actually went against my own system as I thought I knew better then myself!

Tuesday was quite an entertaining day from a personal point of view when I look back on it. Those following me on Twitter will have shared in my anguish as I slightly messed up a pre-match trade on Arsenal.

When I woke up Arsenal were priced @ 1.65 and that looked way too short for me. I immediately got it into my head that they would drift throughout the day and so I layed Arsenal @ 1.65.

This proved to be the wrong decision as the price on Arsenal started to steam instead of drift!!

The most ironic part of this whole thing, is that had I followed my own bloody system then I would have known the Arsenal price was going to steam and I could have be in the correct position to take advantage. So like the idiot I am, I actually went against my own system as I thought I knew better then myself. (That sentence makes no sense)

Once I saw the Arsenal price steaming and I confirmed it was going to be a steamer, I closed my lay bet and placed a back bet on Arsenal. I managed to gain about 6-7 ticks before the price started rebounding slightly.

I then further doubted myself and started to believe, I was correct originally and the drift WAS going to come. However, by this point I was all over the place and I did the right thing and exited the trade for a miniscule profit. Phew!

The drift on Arsenal never did arrive and the steam carried on from 1.65 all the way down to 1.48 in the end! I guess doubt and all other trading emotions can still creep up on the best of us from time to time.

Yesterday


Thankfully, yesterday went much smoother as I stuck to the system and almost everything went to plan. I identified many market movers nice and early and profited from the majority of them. I now have a new problem as even though I work with a decent sized bank, when trying to trade about 10 matches at the same time there is quite a strain on my bank and in some cases I couldn’t get on as much as I wanted.

This below screenshot was done with a £300 stake, where as I would have liked to have had £750 on it which would more then double the profits.  If I do find my bank being stretched on a regular basis I will have to invest more I guess.

Anyway, the moral of the story is, stick to the system… ALWAYS stick to the system!

football pre match trading

Check This Out Next:

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How It Played Out - Premier League Winners Market 2012-13

-----------------------------------------------------------------------

FREE FOOTBALL TRADING STRATEGY MASTERCLASS, BOOK YOUR SEAT!

Would you like to discover the EXACT football trading strategies that the top 1% of traders are currently using in 2020?

Plus how to make beautiful GREEN screens like this for yourself?

Sports Trading Life TV's Ben Michaels is holding an Exclusive football trading strategies webinar where ALL will be revealed. This online masterclass is 100% FREE and you can view from home! Viewing spots are running out fast!)

To learn more and book your FREE seat, CLICK HERE!

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Filed Under: Betfair Football Trading Tagged With: football pre match trading, football trading strategy

Comments

  1. simon says

    August 18, 2011 at

    Are the systems you talk about above in the book you were recently selling?

  2. Sports Trading Life says

    August 18, 2011 at

    Yeah thats the one Simon.

    I contributed all the pre-match systems, then on Tuesday went against my own systems and paid the price! lol

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