22March

TRADE WITH US

TRADE WITH US

The World Cup is over, the Champions League & Europa league qualifiers have followed, even friendlies are on the betting exchange card to keep football traders engaged, albeit tentatively, yet most of us are eagerly awaiting our real meat & drink which is domestic league action. Partly our anticipation for the start of the new season is that we tend to have specific knowledge of teams and partly because form trends begin to occur giving us some tangible statistics to work with. 

The above  reasoning of course may not apply to you as your style of trading is just as suited to Euro Under -19 Internationals, Swedish ladies (sorry, very un-PC - that should be Women`s) soccer or the backwaters of obscure South American togger at 2 o`clock in the morning.  So what do we mean by "styles of trading"?

Ian Pearson , one of our senior pro traders here, narrowed the definition down to Organic or Mathematical. The former relies more on a subjective approach where specific knowledge of teams and abstract criteria like injuries to key players, venue, climate, on or off field unrest, etc is the basis for entering a trade. The purely mathematical trader looks purely at prices and hopes to find value in a particular market.

Then again, there are traders who only scalp the markets citing live TV coverage as an absolute must. There are those who only enter a trade in the 2nd half or even only after 70 mins has elapsed.

What we all have in common, despite our different approaches & methods, are certain key principles: Discipline, focus, bank management. Perhaps it is important to add that keeping to your preditermined plan - i.e when you enter and exit a trade - is essential. Likewise, it is imperative that you adhere to consistent staking levels. The worst crime you can commit is raising your stakes because you are chasing previous losses.

TRADERS AT LTF.COM

The advantages of a live trading chat room are numerous. For my money I`m happy to follow other people`s ideas since they may well have spotted an angle that I have over looked. Their "style" of trading will lead them to games that I would probably tend to ignore. Needless to say, with over 300 games played on a typical Saturday it helps to have more than one pair of eyes to scan the card. A secondary benefit is the sense of community, camaraderie and support. This is especially welcome if you tire of being a lone wolf, sitting in front of your PC with no one else to share your experience with. For someone new to trading on the exchanges having the support of others who are experienced traders is a terrific bonus. Frankly, I wish I had that resource available when I started out 10 years ago. I am certain that I could have fast tracked my way into regular profits and not lost so many banks as I struggled to come to terms with this trading lark.

WHO ARE WE?

* Readers, you will no doubt understand that in the following segment I will not be revealing precise & full details of strategies. This would not be fair to our paid subscribers!

Bingo: The author of this blog and owner of livetradingfootball. 
My style can justifiably be described as complex on occasion since I often use 2 or more markets for a trade. The underlying principle here is that I like the idea of insurance cover and I am quite agile with mental arithmetic

Gundulf: Trading with us for over 8 years, his style can almost be classified in the category of "set & go". He has created a number of simple to understand strategies using the Correct Score market. His admirable, fearless risk v reward attitude often sees him taking a contrarian position in the market

Pennys & Razor: I have bracketed these two stalwarts together as they both like to enter trades in a similar fashion. They spot opportunities for entering a trade in the 2nd half Under 1.5 market

Magellan: In contrast to Pennys & Razor, Mag (who incidentally created the fantastic Trading Console - see video here) prefers the 1st half entry for his trades. He is our "double-bubble" king often producing trades that win on both markets

Turg: it would untrue to say that Turg trades anything that moves but he certainly is a trader who mixes quantity & quality. He`s the kid in the class who you can rely on to have done his homework

Ian: Since Ian is a pro trader - i.e it`s his full time job where he makes money to feed his family! - it is enough to say that this man knows his onions. To put is less prosaically, he rarely gets into trouble with his trades. Why? He`s spent over 10 years learning his craft and his abiding mantra is "Don`t trade for the sake of it". Simply, if you want to learn how to trade and make a few quid then pay attention to what he does!

The above list is far from a comprehensive one. Newer members of all levels of trading experience join our community weekly. I invite you to come and join us. To learn, to profit, to share. 

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