Sign up for PayPal and start accepting credit card payments instantly.

Sunday, June 7, 2009

small fish problems

as advised to me by fellow traders
i have updated my stake size recently.

it seems the software had a problem
dealing with fractions in stake size
which caused the "green" button
to show false results.

trading with larger round money
i hope will eliminate this problem.

there are still other software
problems i need to deal with at
the moment.

using a stake that is smaller than
betfair minimum with the help of
the software may also cause me
loss .

if i am using the strategy of
"let your profits run"

meaning i close a position with
minimal stake to ensure no loss
and keep most of the profit on a
certain pick. later during the race
i might green with relative high
profits across the field.

those profits are usually higher
than scalping profits.

it seems in order to use a smaller
than minimum stake size the
software has to put on a 1000.0
minimum stake bet and later add
to it a smaller stake at market odds.
if the 1000.0 bet gets matched during
the in-running than i can find my self losing.

i think this problem will be solved when
i will start using larger than minimum stakes

seems like along time from now

i think there is no better way to learn but
to simply pass money through the market
for a few months and get first hand "trading
hours experience" so i will continue to trade
with small money i feel very good with my
progress.

cheers

trader1

No comments:

Post a Comment